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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.042%
Price spread now: MEXC against Injective+0.164%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.164% dearer against Injective than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective EIGEN/USDC PERP0.24380.0033pay 0.0004% / 1h31m 02s$6$65.5x
ShortMEXC EIGEN_USDT0.24420.0100get 0.0050% / 4h3h 31m$8.6M$2.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Injective. 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
$14
Price spread: +0.164% → 0.000%
$16.41
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee MEXC: 2 bp × 2 orders
−$4
Net
$26.39
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell MEXC live order book, 2 min ago2.05 bp4.1 bp −$416.3 bp −$16374.3 bp −$7,429doesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0120%1h0.2443+0.205%$828$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0097%1h0.2448+0.400%$176K$74K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2441+0.107%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2442+0.185%$8610xas long as short
Injective EIGEN/USDC PERPlong+0.0033%1h0.2438long leg$6$65.5x
BloFin EIGEN-USDT+0.0044%4h0.2443+0.205%$355K$133K75xas long as short
Lighter EIGEN+0.0096%1h0.2447+0.369%$557K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2443+0.205%$32K$18K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2450+0.492%$4.9M$1.6M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2442+0.175%$47K$35K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2443+0.199%$8.3M$20.2M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2443+0.205%$9.7M$7.6M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2442+0.164%$1.7M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2441+0.123%$737K$565K50xas long as short
MEXC EIGEN_USDTshort+0.0100%4h0.2442+0.164%$8.6M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2441+0.123%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2442+0.164%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2442+0.164%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2441+0.108%$203K$123Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2435−0.123%$193K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2436−0.082%$36K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2443+0.205%$581$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2441+0.134%$90K$639K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2441+0.131%$55K$176K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2443+0.191%$2K100xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2442+0.167%$85215xas long as short