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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.042%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.393% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 7 days+0.059%+$6 · spread now −0.042%, 7d avg −0.006%
Together, before fees+0.049%+$5 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: MEXC is 0.036% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EIGEN-USDT0.23800.0100pay 0.0050% / 4h2h 55m$1.6M
ShortMEXC EIGEN_USDT0.23790.0100get 0.0050% / 4h2h 55m$8.3M$2.5M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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: −0.042% → −0.006%
−$3.6
Slippage, 4 orders
−$25.26
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$42.87
Costs to cover
0.393%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; MEXC: live order book, 2 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 BingX live order book, 1 min ago4.18 bp15.5 bp −$1542.2 bp −$422479.5 bp −$47.9K804.5 bp −$402.2K
Sell MEXC live order book, 2 min ago2.09 bp4.1 bp −$418.5 bp −$185142.2 bp −$14.2Kdoesn'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−0.6192%1h0.2334−1.933%$791$5K10xas long as short
Bybit EIGENUSDT−0.0003%4h0.2378−0.084%$8.9M$7.1M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2381+0.050%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2387+0.294%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.437%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2385+0.218%$536K$487K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2379−0.021%$36K$19K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2384+0.168%$4.5M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2382+0.096%$44K$27K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2379−0.030%$8.0M$19.7M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2379−0.042%$1.6M$4.7M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2381+0.042%$708K$583K50xas long as short
MEXC EIGEN_USDTshort+0.0100%4h0.2379−0.042%$8.3M$2.5M125x
KuCoin EIGENUSDTM+0.0100%4h0.23800.000%$2.4M$9.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2377−0.126%$1.8M$1.3M75xas long as short
BingX EIGEN-USDTlong+0.0100%4h0.2380long leg$1.6M
Variational Omni EIGEN+0.0100%4h0.2387+0.275%$219K$141Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2392+0.504%$183K$2.8M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2390+0.420%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2388+0.336%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2379−0.054%$84K$689K10xas long as short
BloFin EIGEN-USDT+0.0114%4h0.2386+0.252%$349K$116K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2388+0.354%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0231%1h0.2395+0.646%$159K$119K20xas long as short
Reya EIGENRUSDPERP+0.0523%1h0.2379−0.029%$83115xas long as short
Coinbase International EIGEN-PERP-INTX+0.0536%1h0.2388+0.328%$40K$269K50xas long as short