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−0.0004%/8h= −0.4% APRpaid last 24h +0.012%
Price spread now: Coinbase International against MEXC+0.113%51s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1921.919% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.113%, 7d avg +0.047%
Together, before fees−0.126%−$13 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: Coinbase International is 0.066% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.047%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EIGEN_USDT0.23880.0100pay 0.0050% / 4h2h 41m$8.2M$2.3M125x
ShortCoinbase International EIGEN-PERP-INTX0.23910.0096get 0.0012% / 1h41m 28s$41K$222K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$0.84
Price spread: +0.113% → +0.047%
$6.64
Slippage, 4 orders
−$177.91
Fee MEXC: 2 bp × 2 orders
−$4
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$186.11
Costs to cover
1.919%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Coinbase International: live order book, 26 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 −$423.0 bp −$230159.9 bp −$16.0Kdoesn't fit
Sell Coinbase International live order book, 26 min ago9.59 bp91.2 bp −$91doesn'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
Bybit EIGENUSDT−0.0048%4h0.23880.000%$9.4M$7.9M50xas long as short
01 Exchange EIGENUSD−0.0040%1h0.23880.000%$810$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2386−0.100%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2389+0.021%$4610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.094%$6$65.5xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0096%1h0.2391+0.113%$41K$222K50x
Nado EIGEN-PERP+0.0100%1h0.2389+0.042%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2393+0.209%$4.7M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2388+0.007%$44K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2389+0.042%$8.3M$20.8M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.23880.000%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2386−0.084%$739K$593K50xas long as short
MEXC EIGEN_USDTlong+0.0100%4h0.2388long leg$8.2M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2390+0.084%$2.3M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2389+0.042%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.23880.000%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2398+0.424%$194K$129Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2398+0.418%$188K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2400+0.503%$35K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.23880.000%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2389+0.025%$89K$639K10xas long as short
Lighter EIGEN+0.0112%1h0.2392+0.163%$538K$505K5xas long as short
BloFin EIGEN-USDT+0.0123%4h0.2407+0.796%$357K$125K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2389+0.021%$2K100xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2388+0.019%$83415xas long as short
Kraken Futures PF_EIGENUSD+0.0603%1h0.2390+0.087%$162K$92K20xas long as short