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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.027%
Price spread now: MEXC against GMX−0.036%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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.036% cheaper against GMX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX EIGEN/USD [ETH-USDC]0.2383L +0.0194% / S −0.0568%pay 0.0024% / 1h2m 10s$2K100x
ShortMEXC EIGEN_USDT0.23820.0100get 0.0050% / 4h2h 02m$8.5M$2.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$19.83
Price spread: −0.036% → 0.000%
−$3.57
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$39.4
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago2.10 bp4.1 bp −$413.7 bp −$13781.6 bp −$8,162doesn'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
Deribit EIGEN_USDC-PERPETUAL−0.0128%1h0.2382−0.031%$8610xas long as short
01 Exchange EIGENUSD−0.0024%1h0.2380−0.120%$807$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2384+0.042%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.314%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0060%4h0.2380−0.120%$348K$136K75xas long as short
Lighter EIGEN+0.0096%1h0.2386+0.128%$537K$436K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2382−0.015%$28K$17K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2383+0.014%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2381−0.089%$8.1M$20.3M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2382−0.036%$9.6M$8.0M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2382−0.036%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2381−0.078%$715K$678K50xas long as short
MEXC EIGEN_USDTshort+0.0100%4h0.2382−0.036%$8.5M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2383+0.006%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2381−0.078%$1.8M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2381−0.078%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2377−0.229%$198K$154Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2384+0.037%$186K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2383+0.006%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2382−0.036%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2382−0.035%$90K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2389+0.254%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]longL +0.0194% / S −0.0568%1h0.2383long leg$2K100x
Hyperliquid EIGEN+0.0195%1h0.2386+0.132%$4.7M$1.5M5xas long as short
Kraken Futures PF_EIGENUSD+0.0314%1h0.2386+0.129%$172K$68K20xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2383−0.012%$83215xas long as short