Funding you earn now, next payment 02:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.012%
Price spread now: Coinbase International against MEXC+0.212%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1961.965% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 3 days (all we have)−0.188%−$19 · spread now +0.212%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.165% dearer against MEXC than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EIGEN_USDT | 0.2405 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $8.2M | $2.3M | 125x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2410 | 0.0208 | get 0.0026% / 1h | 58m 31s | $40K | $235K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $22.68
- Price spread: +0.212% → +0.047%
- $16.54
- Slippage, 4 orders
- −$182.48
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$157.25
- Costs to cover
- 1.965%
- Break-even
- 55.5 days
Slippage from MEXC: live order book, 4 min ago; Coinbase International: live order book, 4 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, 4 min ago | 2.07 bp | 4.1 bp −$4 | 13.7 bp −$137 | 135.1 bp −$13.5K | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 8.92 bp | 97.4 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
EIGEN on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2407 | +0.066% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2408 | +0.108% | — | $41 | 10x | as long as short |
| Bybit EIGENUSDT | +0.0020% | 4h | 0.2402 | −0.112% | $9.4M | $7.6M | 50x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.372% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2411 | +0.249% | $542K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2409 | +0.166% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2412 | +0.291% | $4.7M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2407 | +0.098% | $45K | $39K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2405 | +0.017% | $8.3M | $20.7M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2403 | −0.083% | $1.6M | $5.0M | 20x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2404 | −0.042% | $736K | $586K | 50x | as long as short |
| MEXC EIGEN_USDTlong | +0.0100% | 4h | 0.2405 | long leg | $8.2M | $2.3M | 125x | |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2405 | 0.000% | $2.4M | $10.4M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2405 | 0.000% | $1.9M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2405 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2407 | +0.086% | $195K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2409 | +0.155% | $191K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2407 | +0.083% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2408 | +0.125% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2405 | −0.018% | $89K | $639K | 10x | as long as short |
| 01 Exchange EIGENUSD | +0.0128% | 1h | 0.2399 | −0.249% | $813 | $5K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2407 | +0.075% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0208% | 1h | 0.2410 | +0.212% | $40K | $235K | 50x | |
| Reya EIGENRUSDPERP | +0.0516% | 1h | 0.2407 | +0.090% | $840 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0573% | 1h | 0.2409 | +0.151% | $165K | $98K | 20x | as long as short |
MEXC EIGEN_USDT
Coinbase International EIGEN-PERP-INTX
Deribit EIGEN_USDC-PERPETUAL
Bybit EIGENUSDT
Injective EIGEN/USDC PERP
Lighter EIGEN
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Extended EIGEN-USD
01 Exchange EIGENUSD
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSD