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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −4.0% APRnext payment $0.18 per $10,000 · paid last 24h +0.058%
Price spread now: BloFin against MEXC+0.125%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.472%+$47 on $10k
Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.125%, 7d avg −0.001%
Together, before fees+0.320%+$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.126% dearer against MEXC than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of −0.001%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.472%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EIGEN_USDT0.24030.0100pay 0.0050% / 4h1h 10m$8.6M$2.3M125x
ShortBloFin EIGEN-USDT0.24060.0064get 0.0032% / 4h1h 10m$348K$133K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$7.59
Price spread: +0.125% → −0.001%
$12.56
Slippage, 4 orders
−$21.65
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.68
Costs to cover
0.376%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 4 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, 2 min ago2.08 bp4.1 bp −$416.5 bp −$165114.4 bp −$11.4Kdoesn't fit
Sell BloFin live order book, 4 min ago4.16 bp13.6 bp −$1424.9 bp −$249181.2 bp −$18.1Kdoesn'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−0.0112%1h0.2402−0.042%$814$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2407+0.153%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2405+0.079%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.457%$6$65.5xas long as short
BloFin EIGEN-USDTshort+0.0064%4h0.2406+0.125%$348K$133K75x
Lighter EIGEN+0.0096%1h0.2408+0.196%$541K$431K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2408+0.208%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2410+0.291%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2406+0.134%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2404+0.044%$8.2M$20.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.24030.000%$9.6M$7.8M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.24030.000%$1.6M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.24030.000%$719K$639K50xas long as short
MEXC EIGEN_USDTlong+0.0100%4h0.2403long leg$8.6M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2405+0.083%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2404+0.042%$1.8M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2402−0.042%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2404+0.050%$200K$132Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2404+0.042%$185K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2405+0.083%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2406+0.125%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.24030.000%$91K$496K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2405+0.103%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2404+0.046%$42K$158K50xas long as short
Reya EIGENRUSDPERP+0.0513%1h0.2406+0.107%$84015xas long as short
Kraken Futures PF_EIGENUSD+0.0682%1h0.2407+0.172%$174K$68K20xas long as short