EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.16 per $10,000 · paid last 24h −0.035%

Price spread now: MEXC against BloFin−0.126%64s7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.495% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.449%−$45 on $10k

Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.126%, 7d avg +0.001%

Together, before fees−0.281%−$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.127% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.001%). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EIGEN-USDT	0.2388	0.0133	pay 0.0066% / 4h	1h 53m	$348K	$114K	75x
Short	MEXC EIGEN_USDT	0.2385	0.0100	get 0.0050% / 4h	1h 53m	$8.1M	$2.3M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.126%Rate

Funding earned: −$6.91
Price spread: −0.126% → +0.001%: −$12.68
Slippage, 4 orders: −$33.51
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$69.11
Costs to cover: 0.495%
Break-even: never at this rate

Slippage from BloFin: live order book, 31 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 BloFin live order book, 31 min ago	6.34 bp	13.8 bp −$14	35.7 bp −$357	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.09 bp	4.1 bp −$4	18.2 bp −$182	119.1 bp −$11.9K	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	−0.0282%	4h	0.2387	−0.054%	$9.2M	$7.2M	50x	as long as short
Kraken Futures PF_EIGENUSD	−0.0027%	1h	0.2387	−0.050%	$160K	$113K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2386	−0.104%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2385	−0.138%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.094%	$6	$6	5.5x	as long as short
01 Exchange EIGENUSD	+0.0056%	1h	0.2384	−0.168%	$808	$5K	10x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2390	+0.096%	$537K	$503K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2386	−0.105%	$37K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2389	+0.042%	$4.5M	$1.7M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2387	−0.042%	$44K	$26K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EIGENUSDT	+0.0100%	4h	0.2386	−0.084%	$8.1M	$19.9M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2385	−0.126%	$1.6M	$4.7M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2383	−0.209%	$716K	$573K	50x	as long as short
MEXC EIGEN_USDTshort	+0.0100%	4h	0.2385	−0.126%	$8.1M	$2.3M	125x
KuCoin EIGENUSDTM	+0.0100%	4h	0.2387	−0.042%	$2.4M	$9.9M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2384	−0.168%	$1.8M	$1.3M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2386	−0.084%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2388	−0.017%	$210K	$138K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2390	+0.084%	$190K	$2.5M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2391	+0.126%	$35K	$232K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2385	−0.126%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2385	−0.120%	$89K	$722K	10x	as long as short
BloFin EIGEN-USDTlong	+0.0133%	4h	0.2388	long leg	$348K	$114K	75x
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2384	−0.157%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0448%	1h	0.2391	+0.113%	$39K	$266K	50x	as long as short
Reya EIGENRUSDPERP	+0.0520%	1h	0.2385	−0.113%	$833	—	15x	as long as short