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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against MEXC−0.292%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$560.558% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 3 days (all we have)+0.391%+$39 · spread now −0.292%, 7d avg +0.054%
Together, before fees+0.403%+$40 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: ApeX Omni is 0.346% cheaper against MEXC than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EIGEN_USDT0.23970.0100pay 0.0050% / 4h1h 47m$8.6M$2.2M125x
ShortApeX Omni EIGENUSDT0.23900.0100get 0.0013% / 1h47m 00s$35K$236K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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

Funding earned
$0
Price spread: −0.292% → +0.054%
−$34.63
Slippage, 4 orders
−$41.8
Fee MEXC: 2 bp × 2 orders
−$4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$90.43
Costs to cover
0.558%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; ApeX Omni: live order book, 34 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 MEXC live order book, 1 min ago2.09 bp4.1 bp −$410.0 bp −$100107.3 bp −$10.7Kdoesn't fit
Sell ApeX Omni live order book, 34 min ago8.28 bp25.1 bp −$25doesn't fitdoesn't fitdoesn'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−0.0096%1h0.2396−0.042%$812$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0001%1h0.2394−0.129%$8610xas long as short
dYdX EIGEN-USD0.0000%1h0.2394−0.135%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.710%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0053%4h0.2393−0.167%$345K$137K75xas long as short
Lighter EIGEN+0.0096%1h0.2396−0.038%$538K$431K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2397+0.021%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2400+0.125%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2394−0.124%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2396−0.041%$8.1M$20.2M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2397+0.004%$9.6M$7.9M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2396−0.042%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2393−0.167%$717K$635K50xas long as short
MEXC EIGEN_USDTlong+0.0100%4h0.2397long leg$8.6M$2.2M125x
KuCoin EIGENUSDTM+0.0100%4h0.2396−0.042%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2395−0.083%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2394−0.125%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393−0.155%$200K$154Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2392−0.223%$184K$2.1M10xas long as short
ApeX Omni EIGENUSDTshort+0.0100%1h0.2390−0.292%$35K$236K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2393−0.167%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2397−0.006%$90K$496K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2393−0.164%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2397+0.008%$42K$159K50xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2396−0.043%$83615xas long as short
Kraken Futures PF_EIGENUSD+0.0685%1h0.2397−0.011%$173K$67K20xas long as short