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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%
Price spread now: Bybit against MEXC−0.042%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.556% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.143%−$14 on $10k
Price spread, last 7 days+0.075%+$7 · spread now −0.042%, 7d avg −0.019%
Together, before fees−0.068%−$7 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: Bybit is 0.023% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EIGEN_USDT0.23850.0100pay 0.0050% / 4h2h 06m$8.6M$2.3M125x
ShortBybit EIGENUSDT0.23840.0100get 0.0050% / 4h2h 06m$9.5M$8.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.042% → −0.019%
−$2.28
Slippage, 4 orders
−$40.55
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$57.83
Costs to cover
0.556%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 1 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 −$418.0 bp −$180125.4 bp −$12.5Kdoesn't fit
Sell Bybit live order book, 1 min ago2.09 bp23.9 bp −$2452.4 bp −$524doesn'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
Deribit EIGEN_USDC-PERPETUAL−0.0211%1h0.2386+0.055%$8610xas long as short
01 Exchange EIGENUSD−0.0016%1h0.2388+0.126%$810$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2391+0.248%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.222%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0077%4h0.2389+0.168%$350K$135K75xas long as short
Nado EIGEN-PERP+0.0100%1h0.2390+0.210%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2387+0.087%$46K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.23850.000%$8.1M$20.1M75xas long as short
Bybit EIGENUSDTshort+0.0100%4h0.2384−0.042%$9.5M$8.0M50x
OKX EIGEN-USDT-SWAP+0.0100%4h0.2383−0.084%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2386+0.042%$714K$674K50xas long as short
MEXC EIGEN_USDTlong+0.0100%4h0.2385long leg$8.6M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2386+0.042%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2387+0.084%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2386+0.042%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393+0.354%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2393+0.324%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2394+0.377%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2386+0.042%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2383−0.082%$90K$496K10xas long as short
Lighter EIGEN+0.0120%1h0.2389+0.180%$537K$436K5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2397+0.524%$42K$160K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2387+0.073%$2K100xas long as short
Hyperliquid EIGEN+0.0259%1h0.2389+0.168%$4.7M$1.5M5xas long as short
Kraken Futures PF_EIGENUSD+0.0313%1h0.2390+0.205%$172K$68K20xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2387+0.100%$83315xas long as short