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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0161%/8h= −17.7% APRnext payment $0.20 per $10,000 · paid last 24h +0.016%
Price spread now: Injective against GMX−0.021%57s7-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 −$5 a day on $10k at the current rate, and Injective is 0.021% cheaper against GMX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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]0.2439L +0.0195% / S −0.0568%pay 0.0024% / 1h17m 33s$2K100x
ShortInjective EIGEN/USDC PERP0.24380.0033get 0.0004% / 1h17m 33s$6$65.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$33.87
Price spread: −0.021% → 0.000%
−$2.13
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$48.02
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample
Sell Injective no order-book sample
GMX and Injective: 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+0.300%$175K$73K20xas long as short
01 Exchange EIGENUSD−0.0080%1h0.2442+0.143%$828$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2441+0.093%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2440+0.065%$8610xas long as short
Injective EIGEN/USDC PERPshort+0.0033%1h0.2438−0.021%$6$65.5x
Lighter EIGEN+0.0096%1h0.2449+0.413%$557K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2434−0.165%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2442+0.154%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2442+0.141%$8.3M$20.1M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2441+0.110%$9.7M$7.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2438−0.021%$1.7M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2438−0.021%$758K$588K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2442+0.143%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2441+0.102%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2442+0.143%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2440+0.061%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2442+0.126%$206K$121Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2442+0.143%$190K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2442+0.143%$36K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2440+0.061%$580$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2440+0.041%$93K$644K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2442+0.143%$54K$176K50xas long as short
BloFin EIGEN-USDT+0.0157%4h0.2435−0.144%$354K$131K75xas long as short
GMX EIGEN/USD [ETH-USDC]longL +0.0195% / S −0.0568%1h0.2439long leg$2K100x
Hyperliquid EIGEN+0.0222%1h0.2449+0.430%$4.9M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2435−0.153%$85015xas long as short