Funding you earn now, next payment 07:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h −0.166%
Price spread now: MEXC against Kraken Futures+0.008%7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days−0.425%−$43 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.008%, 7d avg −0.086%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.093% dearer against Kraken Futures than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.086%. Mind the row above: over the last 7 days funding on this pair cost −0.425%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EIGENUSD | 0.2370 | −0.0027 | get 0.0003% / 1h | 33m 48s | $159K | $113K | 20x |
| Short | MEXC EIGEN_USDT | 0.2370 | 0.0100 | get 0.0050% / 4h | 1h 33m | $8.0M | $2.4M | 125x |
Kraken Futures PF_EIGENUSD
MEXC EIGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $26.64
- Price spread: +0.008% → −0.086%
- $9.32
- Slippage, 4 orders
- −$60.07
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$38.12
- Costs to cover
- 0.741%
- Break-even
- 17.0 days
Slippage from Kraken Futures: live order book, 9 min ago; MEXC: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 9 min ago | 6.31 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.11 bp | 4.1 bp −$4 | 14.6 bp −$146 | 116.3 bp −$11.6K | doesn't fit |
EIGEN on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | −0.0293% | 4h | 0.2369 | −0.030% | $9.1M | $7.3M | 50x | as long as short |
| Kraken Futures PF_EIGENUSDlong | −0.0027% | 1h | 0.2370 | long leg | $159K | $113K | 20x | |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2371 | +0.033% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2369 | −0.052% | — | $41 | 10x | as long as short |
| 01 Exchange EIGENUSD | +0.0032% | 1h | 0.2369 | −0.035% | $803 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.877% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0046% | 4h | 0.2371 | +0.050% | $348K | $113K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2374 | +0.185% | $534K | $503K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2370 | +0.008% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2375 | +0.219% | $4.5M | $1.7M | 5x | as long as short |
Bybit EIGENUSDT
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGENShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EIGENUSDT | +0.0100% | 4h | 0.2370 | +0.016% | $44K | $26K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2370 | −0.012% | $8.0M | $19.9M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2370 | +0.008% | $1.6M | $4.7M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2369 | −0.035% | $712K | $577K | 50x | as long as short |
| MEXC EIGEN_USDTshort | +0.0100% | 4h | 0.2370 | +0.008% | $8.0M | $2.4M | 125x | |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2371 | +0.050% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2371 | +0.050% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2368 | −0.077% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2368 | −0.073% | $208K | $138K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2373 | +0.134% | $183K | $2.6M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2373 | +0.134% | $35K | $233K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2369 | −0.035% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2370 | +0.010% | $87K | $701K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2369 | −0.034% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0448% | 1h | 0.2371 | +0.050% | $39K | $265K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0520% | 1h | 0.2369 | −0.018% | $827 | — | 15x | as long as short |
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP