Mesoscale eddies play an important role in driving the dynamics of the Arctic Ocean. Understanding their behavior is crucial for comprehending the ongoing changes in the region. In this study, by using a novel decade-long simulation at 1 km resolution with the unstructured-mesh Finite volumE Sea ice-Ocean Model, we evaluate the spatial and temporal variability of eddy kinetic energy in the Eurasian Basin. We find that monthly, annual, and interannual variability of EKE near the surface is predominantly influenced by changes in sea ice cover, while the eddy activity at deeper depth, being shielded from the surface by ocean stratification, is more strongly influenced by local baroclinic energy conversion. Moreover, our research demonstrates that eddies in the Eurasian Basin can transport ocean heat from the Atlantic Water layer toward sea ice and cause local basal melting in the order of about 20 cm per month even in wintertime. Our study suggests that eddy activity in the Arctic Ocean will strengthen along with future sea ice decline, and that the impact of ocean heat of the Atlantic Water layer on sea ice retreat may become prominent.