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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended−0.069%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$660.656% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)−0.216%−$22 · spread now −0.069%, 7d avg +0.011%
Together, before fees−0.221%+ Points / potential airdropExtended: Active · farm board−$22 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 0.079% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EIGEN-USD0.23940.0104pay 0.0013% / 1h17m 31s$88K$639K10x
ShortMEXC EIGEN_USDT0.23920.0100get 0.0050% / 4h17m 31s$8.1M$2.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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
−$0.84
Price spread: −0.069% → +0.011%
−$7.93
Slippage, 4 orders
−$56.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$74.35
Costs to cover
0.656%
Break-even
never at this rate
Slippage from Extended: live order book, 40 min ago; MEXC: live order book, 5 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 Extended live order book, 40 min ago8.39 bp28.6 bp −$29203.2 bp −$2,032doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago2.09 bp4.1 bp −$420.3 bp −$203121.9 bp −$12.2Kdoesn'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
dYdX EIGEN-USD0.0000%1h0.2391−0.128%$3K5xas long as short
Bybit EIGENUSDT0.0000%4h0.2392−0.064%$9.3M$7.3M50xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2388−0.223%$4110xas long as short
01 Exchange EIGENUSD+0.0024%1h0.2394+0.015%$812$5K10xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.853%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2398+0.174%$539K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2394−0.006%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2397+0.140%$4.6M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2391−0.116%$44K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2394+0.001%$8.2M$20.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2393−0.027%$1.6M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2390−0.152%$728K$576K50xas long as short
MEXC EIGEN_USDTshort+0.0100%4h0.2392−0.069%$8.1M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2392−0.069%$2.4M$10.1M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2393−0.027%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2392−0.069%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2387−0.275%$208K$134Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2389−0.190%$190K$2.3M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2389−0.194%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2388−0.236%$1K$4K10xas long as short
Extended EIGEN-USDlong+0.0104%1h0.2394long leg$88K$639K10x
BloFin EIGEN-USDT+0.0142%4h0.2390−0.152%$351K$113K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2388−0.239%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0280%1h0.2394−0.006%$39K$250K50xas long as short
Kraken Futures PF_EIGENUSD+0.0475%1h0.2389−0.207%$163K$105K20xas long as short
Reya EIGENRUSDPERP+0.0518%1h0.2395+0.059%$83615xas long as short