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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h +0.010%
Price spread now: BloFin against GMX−0.237%51s7-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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.237% cheaper against GMX than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX EIGEN/USD [ETH-USDC]0.2377L +0.0195% / S −0.0568%pay 0.0024% / 1h37m 39s$2K100x
ShortBloFin EIGEN-USDT0.23710.0051get 0.0025% / 4h2h 37m$352K$113K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GMX. 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
−$30.22
Price spread: −0.237% → 0.000%
−$23.73
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$77.95
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 52 min ago. 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 GMX no order-book sample
Sell BloFin live order book, 52 min ago2.08 bp14.7 bp −$1533.9 bp −$339183.6 bp −$18.4Kdoesn't fit
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
Bybit EIGENUSDT−0.0298%4h0.2383+0.255%$9.2M$7.1M50xas long as short
01 Exchange EIGENUSD−0.0056%1h0.2376−0.027%$806$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2382+0.210%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2378+0.040%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.582%$6$65.5xas long as short
BloFin EIGEN-USDTshort+0.0051%4h0.2371−0.237%$352K$113K75x
Lighter EIGEN+0.0096%1h0.2387+0.436%$536K$507K5xas long as short
Gate EIGEN_USDT+0.0098%4h0.2374−0.111%$714K$572K50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2377+0.036%$37K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2386+0.394%$4.5M$1.7M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EIGENUSDT+0.0100%4h0.2383+0.275%$44K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2383+0.280%$8.1M$19.8M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2382+0.226%$1.6M$4.7M20xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2384+0.310%$8.0M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2381+0.183%$2.4M$9.9M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2380+0.141%$1.8M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2377+0.015%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2367−0.401%$212K$135Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2369−0.321%$185K$2.4M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2370−0.279%$34K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2377+0.015%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2378+0.073%$91K$729K10xas long as short
GMX EIGEN/USD [ETH-USDC]longL +0.0195% / S −0.0568%1h0.2377long leg$2K100x
Kraken Futures PF_EIGENUSD+0.0326%1h0.2379+0.105%$159K$110K20xas long as short
Coinbase International EIGEN-PERP-INTX+0.0360%1h0.2379+0.099%$41K$264K50xas long as short
Reya EIGENRUSDPERP+0.0519%1h0.2377+0.006%$83015xas long as short