Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against MEXC−0.084%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$540.542% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 7 days−0.033%−$3 · spread now −0.084%, 7d avg −0.034%

Together, before fees−0.023%−$2 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: Bitget is 0.050% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EIGEN_USDT	0.2375	0.0100	pay 0.0050% / 4h	3h 51m	$8.0M	$2.3M	125x
Short	Bitget EIGENUSDT	0.2373	0.0100	get 0.0050% / 4h	3h 51m	$1.8M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee MEXCbpFee BitgetbpOrdersPrice spread, now −0.084%Rate

Funding earned: $0
Price spread: −0.084% → −0.034%: −$5.02
Slippage, 4 orders: −$38.16
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$59.18
Costs to cover: 0.542%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	2.11 bp	4.1 bp −$4	12.7 bp −$127	134.2 bp −$13.4K	doesn't fit
Sell Bitget live order book, 5 min ago	4.21 bp	18.2 bp −$18	54.8 bp −$548	doesn't fit	doesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange EIGENUSD	−0.6336%	1h	0.2330	−1.895%	$790	$5K	10x	as long as short
Bybit EIGENUSDT	−0.0672%	4h	0.2376	+0.021%	$9.0M	$7.4M	50x	as long as short
Kraken Futures PF_EIGENUSD	−0.0079%	1h	0.2377	+0.076%	$159K	$116K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2374	−0.055%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2375	−0.004%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.653%	$6	$6	5.5x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2379	+0.189%	$535K	$495K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2377	+0.084%	$36K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2380	+0.211%	$4.5M	$1.8M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2376	+0.042%	$44K	$26K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EIGENUSDT	+0.0100%	4h	0.2375	0.000%	$8.0M	$20.1M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2374	−0.042%	$1.6M	$4.7M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2375	0.000%	$706K	$590K	50x	as long as short
MEXC EIGEN_USDTlong	+0.0100%	4h	0.2375	long leg	$8.0M	$2.3M	125x
KuCoin EIGENUSDTM	+0.0100%	4h	0.2375	0.000%	$2.4M	$9.6M	50x	as long as short
Bitget EIGENUSDTshort	+0.0100%	4h	0.2373	−0.084%	$1.8M	$1.3M	75x
BingX EIGEN-USDT	+0.0100%	4h	0.2376	+0.042%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2374	−0.059%	$208K	$136K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2371	−0.155%	$184K	$2.7M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2370	−0.211%	$34K	$233K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2376	+0.042%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2374	−0.038%	$87K	$691K	10x	as long as short
BloFin EIGEN-USDT	+0.0149%	4h	0.2367	−0.337%	$348K	$112K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2376	+0.039%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0504%	1h	0.2378	+0.114%	$39K	$277K	50x	as long as short
Reya EIGENRUSDPERP	+0.0522%	1h	0.2376	+0.062%	$830	—	15x	as long as short