Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.034%

Price spread now: MEXC against 01 Exchange−0.042%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. MEXC is 0.042% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 24 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange EIGENUSD	0.2378	−0.0040	get 0.0005% / 1h	31m 15s	$806	$5K	10x
Short	MEXC EIGEN_USDT	0.2377	0.0100	get 0.0050% / 4h	2h 31m	$7.8M	$2.3M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against 01 Exchange. 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 01 ExchangebpFee MEXCbpOrdersPrice spread, now −0.042%Rate

Funding earned: $29.4
Price spread: −0.042% → 0.000%: −$4.21
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee MEXC: 2 bp × 2 orders: −$4
Net: $14.19
Costs to cover: 0.110%
Break-even: 3.6 days

Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 2 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell MEXC live order book, 2 min ago	2.10 bp	4.1 bp −$4	20.3 bp −$203	123.0 bp −$12.3K	doesn't fit

01 Exchange: 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
Bybit EIGENUSDT	−0.0381%	4h	0.2377	−0.034%	$9.2M	$7.1M	50x	as long as short
Deribit EIGEN_USDC-PERPETUAL	−0.0086%	1h	0.2377	−0.050%	—	$41	10x	as long as short
01 Exchange EIGENUSDlong	−0.0040%	1h	0.2378	long leg	$806	$5K	10x
dYdX EIGEN-USD	0.0000%	1h	0.2381	+0.111%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.523%	$6	$6	5.5x	as long as short
Gate EIGEN_USDT	+0.0048%	4h	0.2378	0.000%	$713K	$575K	50x	as long as short
BloFin EIGEN-USDT	+0.0048%	4h	0.2385	+0.294%	$349K	$114K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2384	+0.231%	$536K	$507K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2379	+0.063%	$37K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2383	+0.210%	$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	0.2380	+0.097%	$44K	$37K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2377	−0.028%	$8.1M	$19.8M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2375	−0.126%	$1.6M	$4.7M	20x	as long as short
MEXC EIGEN_USDTshort	+0.0100%	4h	0.2377	−0.042%	$7.8M	$2.3M	125x
KuCoin EIGENUSDTM	+0.0100%	4h	0.2379	+0.042%	$2.4M	$9.9M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2378	0.000%	$1.8M	$1.4M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2377	−0.042%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2386	+0.342%	$213K	$135K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2381	+0.130%	$183K	$2.5M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2384	+0.252%	$35K	$231K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2378	0.000%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2376	−0.100%	$88K	$726K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2378	−0.020%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSD	+0.0326%	1h	0.2378	+0.010%	$159K	$111K	20x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0360%	1h	0.2384	+0.265%	$42K	$265K	50x	as long as short
Reya EIGENRUSDPERP	+0.0519%	1h	0.2378	−0.019%	$830	—	15x	as long as short