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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.048%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$630.628% 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)−0.149%−$15 · spread now +0.048%, 7d avg +0.009%
Together, before fees−0.154%+ Points / potential airdropExtended: Active · farm board−$15 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 0.039% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EIGEN-USD0.23990.0104pay 0.0013% / 1h43m 22s$89K$639K10x
ShortMEXC EIGEN_USDT0.24000.0100get 0.0050% / 4h2h 43m$8.3M$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: +0.048% → +0.009%
$3.86
Slippage, 4 orders
−$53.85
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$59.83
Costs to cover
0.628%
Break-even
never at this rate
Slippage from Extended: live order book, 24 min ago; MEXC: live order book, 10 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, 24 min ago8.17 bp27.3 bp −$27185.9 bp −$1,859doesn't fitdoesn't fit
Sell MEXC live order book, 10 min ago2.08 bp4.1 bp −$418.9 bp −$189148.3 bp −$14.8Kdoesn'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−0.0068%4h0.2400+0.048%$9.4M$7.9M50xas long as short
01 Exchange EIGENUSD−0.0048%1h0.2400+0.048%$814$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2403+0.158%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2399+0.015%$4610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.632%$6$65.5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0096%1h0.2405+0.252%$41K$223K50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2401+0.110%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2404+0.215%$4.7M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2402+0.132%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2400+0.064%$8.3M$20.8M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2399+0.006%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2397−0.077%$742K$592K50xas long as short
MEXC EIGEN_USDTshort+0.0100%4h0.2400+0.048%$8.3M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2399+0.006%$2.3M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2401+0.090%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2397−0.077%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2398−0.030%$194K$129Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2398−0.036%$188K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2406+0.298%$35K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2399+0.006%$1K$4K10xas long as short
Extended EIGEN-USDlong+0.0104%1h0.2399long leg$89K$639K10x
BloFin EIGEN-USDT+0.0123%4h0.2407+0.340%$357K$125K75xas long as short
Lighter EIGEN+0.0184%1h0.2404+0.211%$540K$505K5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2398−0.040%$2K100xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2399−0.005%$83715xas long as short
Kraken Futures PF_EIGENUSD+0.0600%1h0.2402+0.133%$163K$92K20xas long as short