Settings8H · net · $10k
Funding arb · Price arb /

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0468%/8h= +51.3% APRnext payment +$0.59 per $10,000 · paid last 24h +0.222%
Price spread now: GMX against ApeX Omni+0.497%68s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and GMX is 0.497% dearer against ApeX Omni than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EIGENUSDT0.23940.0100pay 0.0013% / 1h2m 24s$35K$231K50x
ShortGMX EIGEN/USD [ETH-USDC]0.2406L +0.0195% / S −0.0568%get 0.0071% / 1h2m 24s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. 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

Funding earned
$98.37
Price spread: +0.497% → 0.000%
$49.75
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$126.12
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 54 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 54 min ago8.32 bp23.0 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX EIGEN-USD0.0000%1h0.2403+0.358%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.838%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0064%1h0.2405+0.459%$816$5K10xas long as short
BloFin EIGEN-USDT+0.0080%4h0.2401+0.292%$354K$114K75xas long as short
Lighter EIGEN+0.0096%1h0.2408+0.576%$541K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2405+0.459%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2411+0.710%$4.6M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2404+0.408%$45K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2406+0.494%$8.3M$20.1M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2407+0.526%$9.4M$7.3M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2406+0.501%$1.6M$4.8M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2401+0.292%$731K$577K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2405+0.459%$8.1M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2404+0.418%$2.4M$10.0M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2407+0.543%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2406+0.501%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393−0.038%$209K$134Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2396+0.084%$183K$2.3M10xas long as short
ApeX Omni EIGENUSDTlong+0.0100%1h0.2394long leg$35K$231K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2407+0.543%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2408+0.592%$89K$637K10xas long as short
Deribit EIGEN_USDC-PERPETUAL+0.0124%1h0.2408+0.602%$4110xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0195% / S −0.0568%1h0.2406+0.497%$2K100x
Coinbase International EIGEN-PERP-INTX+0.0280%1h0.2403+0.384%$40K$250K50xas long as short
Kraken Futures PF_EIGENUSD+0.0471%1h0.2409+0.625%$164K$105K20xas long as short
Reya EIGENRUSDPERP+0.0518%1h0.2407+0.538%$84015xas long as short