Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against MEXC+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.046% dearer against MEXC than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours.

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	8m 03s	$7.9M	$2.4M	125x
Short	dYdX EIGEN-USD	0.2376	0	get 0.0000% / 1h	8m 03s	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$21
Price spread: +0.046% → 0.000%: $4.63
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$30.37
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.

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, 5 min ago	2.11 bp	4.1 bp −$4	16.6 bp −$166	143.2 bp −$14.3K	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0840%	1h	0.2331	−1.853%	$790	$5K	10x	as long as short
Bybit EIGENUSDT	−0.0289%	4h	0.2373	−0.076%	$9.0M	$7.4M	50x	as long as short
Kraken Futures PF_EIGENUSD	−0.0103%	1h	0.2377	+0.072%	$159K	$116K	20x	as long as short
dYdX EIGEN-USDshort	0.0000%	1h	0.2376	+0.046%	$3K	—	5x
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2376	+0.021%	—	$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
BloFin EIGEN-USDT	+0.0041%	4h	0.2374	−0.042%	$346K	$106K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2379	+0.181%	$535K	$500K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2375	+0.021%	$36K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2378	+0.126%	$4.5M	$1.7M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EIGENUSDT	+0.0100%	4h	0.2375	+0.006%	$44K	$26K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2374	−0.035%	$8.0M	$20.1M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2373	−0.084%	$1.6M	$4.7M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2376	+0.042%	$706K	$620K	50x	as long as short
MEXC EIGEN_USDTlong	+0.0100%	4h	0.2375	long leg	$7.9M	$2.4M	125x
KuCoin EIGENUSDTM	+0.0100%	4h	0.2375	0.000%	$2.4M	$9.7M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2371	−0.168%	$1.8M	$1.3M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2375	0.000%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2370	−0.202%	$209K	$136K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2371	−0.174%	$183K	$2.7M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2371	−0.168%	$35K	$232K	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	0.2373	−0.082%	$90K	$690K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2376	+0.021%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0488%	1h	0.2382	+0.299%	$38K	$278K	50x	as long as short
Reya EIGENRUSDPERP	+0.0522%	1h	0.2376	+0.051%	$829	—	15x	as long as short