Settings8H · net · $10k
Funding arb · Price arb /

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC0.000%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2282.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 7 days+0.057%+$6 · spread now 0.000%, 7d avg +0.021%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.021% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EIGEN_USDT0.23950.0100pay 0.0050% / 4h2h 47m$8.4M$2.2M125x
ShortBingX EIGEN-USDC0.23950.0100get 0.0050% / 4h2h 47m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → +0.021%
−$2.08
Slippage, 4 orders
−$214
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$230.08
Costs to cover
2.280%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago2.09 bp4.1 bp −$413.0 bp −$130122.2 bp −$12.2Kdoesn't fit
Sell BingX live order book, 3 min ago6.27 bp110.5 bp −$111doesn't fitdoesn't fitdoesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange EIGENUSD−0.0032%1h0.23950.000%$812$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2397+0.084%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2397+0.063%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.795%$6$65.5xas long as short
Bybit EIGENUSDT+0.0052%4h0.2396+0.029%$9.6M$8.0M50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2396+0.042%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2397+0.068%$44K$24K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2395+0.016%$8.2M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2394−0.042%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2394−0.042%$716K$672K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDTlong+0.0100%4h0.2395long leg$8.4M$2.2M125x
KuCoin EIGENUSDTM+0.0100%4h0.2396+0.042%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.23950.000%$1.9M$1.4M75xas long as short
BingX EIGEN-USDCshort+0.0100%4h0.23950.000%$6.5M
Variational Omni EIGEN+0.0100%4h0.2391−0.167%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2392−0.124%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2390−0.209%$36K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2396+0.042%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2395−0.012%$90K$496K10xas long as short
BloFin EIGEN-USDT+0.0113%4h0.2391−0.167%$350K$135K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2399+0.146%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2396+0.048%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2400+0.206%$174K$67K20xas long as short
Reya EIGENRUSDPERP+0.0511%1h0.2395+0.015%$83615xas long as short
Lighter EIGEN+0.0680%1h0.2400+0.221%$578K$392K5xas long as short
Hyperliquid EIGEN+0.0783%1h0.2402+0.292%$4.8M$1.5M5xas long as short