Funding you earn now, next payment 06:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.159%
Price spread now: Kraken Futures against GMX−0.533%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.533% cheaper against GMX than usual: you would sell low and buy high (spread −0.533% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$53 on $10k: about 14 days of funding at the current rate (+$4 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX EIGEN/USD [ETH-USDC] | 0.2393 | L +0.0195% / S −0.0568% | pay 0.0024% / 1h | 57m 21s | $2K | — | 100x |
| Short | Kraken Futures PF_EIGENUSD | 0.2380 | 0.0326 | get 0.0041% / 1h | 57m 21s | $159K | $108K | 20x |
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $27.62
- Price spread: −0.533% → 0.000%
- −$53.31
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$47.69
- Costs to cover
- 0.220%
- Break-even
- 19.1 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 55 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 55 min ago | 12.38 bp | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange EIGENUSD | −0.0104% | 1h | 0.2390 | −0.112% | $810 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2387 | −0.254% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2379 | −0.572% | — | $41 | 10x | as long as short |
| Bybit EIGENUSDT | +0.0022% | 4h | 0.2391 | −0.070% | $9.3M | $7.1M | 50x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.894% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0043% | 4h | 0.2380 | −0.530% | $352K | $115K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2390 | −0.104% | $537K | $507K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2392 | −0.028% | $37K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2396 | +0.139% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2391 | −0.083% | $44K | $37K | 5x | as long as short |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Bybit EIGENUSDT
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2392 | −0.034% | $8.2M | $19.6M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2392 | −0.028% | $1.6M | $4.8M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2390 | −0.112% | $718K | $567K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2391 | −0.070% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2390 | −0.112% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2389 | −0.154% | $1.8M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2388 | −0.196% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2379 | −0.589% | $213K | $135K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2379 | −0.572% | $192K | $2.4M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2383 | −0.405% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2394 | +0.055% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2388 | −0.179% | $91K | $729K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC]long | L +0.0195% / S −0.0568% | 1h | 0.2393 | long leg | $2K | — | 100x | |
| Kraken Futures PF_EIGENUSDshort | +0.0326% | 1h | 0.2380 | −0.533% | $159K | $108K | 20x | |
| Coinbase International EIGEN-PERP-INTX | +0.0360% | 1h | 0.2381 | −0.497% | $41K | $263K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0519% | 1h | 0.2392 | −0.037% | $835 | — | 15x | as long as short |
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP