Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC+0.041%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$860.862% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 7 days−0.033%−$3 · spread now +0.041%, 7d avg +0.006%

Together, before fees−0.071%−$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: KuCoin is 0.035% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EIGEN_USDT	0.2430	0.0100	pay 0.0050% / 4h	3h 38m	$8.6M	$2.3M	125x
Short	KuCoin EIGENUSDTM	0.2431	0.0100	get 0.0050% / 4h	3h 38m	$2.4M	$10.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → +0.006%: $3.52
Slippage, 4 orders: −$70.15
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$82.63
Costs to cover: 0.862%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 10 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 MEXC live order book, 5 min ago	2.05 bp	4.1 bp −$4	14.3 bp −$143	119.5 bp −$11.9K	doesn't fit
Sell KuCoin live order book, 10 min ago	2.06 bp	30.1 bp −$30	233.2 bp −$2,332	doesn't fit	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
01 Exchange EIGENUSD	−0.0144%	1h	0.2423	−0.288%	$822	$5K	10x	as long as short
Deribit EIGEN_USDC-PERPETUAL	−0.0120%	1h	0.2429	−0.025%	—	$86	10x	as long as short
Kraken Futures PF_EIGENUSD	−0.0097%	1h	0.2435	+0.209%	$175K	$74K	20x	as long as short
Bybit EIGENUSDT	−0.0014%	4h	0.2431	+0.049%	$9.7M	$7.6M	50x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2432	+0.066%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+0.329%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0069%	4h	0.2433	+0.123%	$355K	$134K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2437	+0.284%	$555K	$449K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2431	+0.041%	$32K	$18K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2437	+0.288%	$4.8M	$1.6M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EIGENUSDT	+0.0100%	4h	0.2431	+0.059%	$47K	$35K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2430	−0.011%	$8.3M	$20.2M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2430	0.000%	$1.7M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2430	0.000%	$733K	$565K	50x	as long as short
MEXC EIGEN_USDTlong	+0.0100%	4h	0.2430	long leg	$8.6M	$2.3M	125x
KuCoin EIGENUSDTMshort	+0.0100%	4h	0.2431	+0.041%	$2.4M	$10.5M	50x
Bitget EIGENUSDT	+0.0100%	4h	0.2430	0.000%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2431	+0.041%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2433	+0.129%	$203K	$125K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2435	+0.206%	$193K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2431	+0.041%	$36K	$238K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2431	+0.041%	$578	$3K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2431	+0.042%	$89K	$639K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2428	−0.066%	$54K	$175K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2431	+0.057%	$2K	—	100x	as long as short
Reya EIGENRUSDPERP	+0.0514%	1h	0.2431	+0.023%	$848	—	15x	as long as short