Funding you earn now, next payment 03:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.025%
Price spread now: Variational Omni against GMX−0.058%50s7-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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.058% cheaper against GMX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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] | 0.2396 | L +0.0195% / S −0.0568% | pay 0.0024% / 1h | 43m 37s | $2K | — | 100x |
| Short | Variational Omni EIGEN | 0.2395 | 0.0100 | get 0.0050% / 4h | 1h 43m | $194K | $124K | — |
GMX EIGEN/USD [ETH-USDC]
Variational Omni EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$19.86
- Price spread: −0.058% → 0.000%
- −$5.76
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$37.61
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 20 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 Variational Omni RFQ quote, 20 min ago | 10.37 bp | doesn't fit | 56.0 bp −$560 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | −0.0074% | 4h | 0.2403 | +0.285% | $9.4M | $7.6M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2400 | +0.185% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2397 | +0.064% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.755% | $6 | $6 | 5.5x | as long as short |
| 01 Exchange EIGENUSD | +0.0048% | 1h | 0.2403 | +0.294% | $815 | $5K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0050% | 4h | 0.2398 | +0.085% | $356K | $125K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2408 | +0.486% | $541K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2405 | +0.398% | $36K | $20K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2402 | +0.268% | $45K | $39K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2403 | +0.281% | $8.3M | $20.6M | 75x | as long as short |
Bybit EIGENUSDT
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
01 Exchange EIGENUSD
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2403 | +0.294% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2400 | +0.169% | $735K | $590K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2402 | +0.252% | $8.2M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2401 | +0.210% | $2.4M | $10.3M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2404 | +0.336% | $1.9M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2402 | +0.252% | — | $1.6M | — | as long as short |
| Variational Omni EIGENshort | +0.0100% | 4h | 0.2395 | −0.058% | $194K | $124K | — | |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2392 | −0.165% | $181K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2397 | +0.043% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2398 | +0.085% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2402 | +0.268% | $88K | $639K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC]long | L +0.0195% / S −0.0568% | 1h | 0.2396 | long leg | $2K | — | 100x | |
| Coinbase International EIGEN-PERP-INTX | +0.0208% | 1h | 0.2402 | +0.252% | $40K | $238K | 50x | as long as short |
| Hyperliquid EIGEN | +0.0236% | 1h | 0.2407 | +0.461% | $4.7M | $1.6M | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0516% | 1h | 0.2406 | +0.431% | $840 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0575% | 1h | 0.2399 | +0.126% | $165K | $99K | 20x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Coinbase International EIGEN-PERP-INTX
Hyperliquid EIGEN
Reya EIGENRUSDPERP
Kraken Futures PF_EIGENUSD