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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0424%/8h= +46.5% APRnext payment +$0.53 per $10,000 · paid last 24h +0.252%
Price spread now: GMX against Coinbase International−0.143%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 0.143% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.143% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 27 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EIGEN-PERP-INTX0.24420.0144pay 0.0018% / 1h18m 02s$54K$176K50x
ShortGMX EIGEN/USD [ETH-USDC]0.2439L +0.0195% / S −0.0568%get 0.0071% / 1h18m 02s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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
$89.13
Price spread: −0.143% → 0.000%
−$14.25
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$52.88
Costs to cover
0.220%
Break-even
2.8 days
Slippage unknown: Coinbase International: live order book, 55 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 Coinbase International live order book, 55 min ago9.93 bp21.1 bp −$21doesn'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
Kraken Futures PF_EIGENUSD−0.0097%1h0.2446+0.157%$175K$73K20xas long as short
01 Exchange EIGENUSD−0.0088%1h0.2425−0.696%$822$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2432−0.429%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2440−0.078%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.164%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2448+0.250%$557K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2434−0.307%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2440−0.101%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2441−0.024%$8.3M$20.1M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2441−0.041%$9.7M$7.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2441−0.041%$1.7M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2437−0.205%$757K$587K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.24420.000%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2438−0.164%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2441−0.041%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2440−0.082%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2442−0.016%$206K$121Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.24420.000%$190K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.24420.000%$36K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2440−0.082%$580$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2442−0.020%$93K$644K10xas long as short
Coinbase International EIGEN-PERP-INTXlong+0.0144%1h0.2442long leg$54K$176K50x
BloFin EIGEN-USDT+0.0157%4h0.2435−0.287%$354K$131K75xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0195% / S −0.0568%1h0.2439−0.143%$2K100x
Hyperliquid EIGEN+0.0218%1h0.2449+0.287%$4.9M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2435−0.295%$85015xas long as short