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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.6579%/8h= −720.3% APRnext payment $8.22 per $10,000 · paid last 24h −0.085%
Price spread now: 01 Exchange against GMX−1.915%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 4 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 −$197 a day on $10k at the current rate, and 01 Exchange is 1.915% cheaper against GMX than usual: you would sell low and buy high (−$191 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]0.2374L +0.0195% / S −0.0568%pay 0.0024% / 1h38m 55s$2K100x
Short01 Exchange EIGENUSD0.2329−0.6384pay 0.0798% / 1h38m 55s$790$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$1,381.49
Price spread: −1.915% → 0.000%
−$191.5
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$1,591.98
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
GMX and 01 Exchange: 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
01 Exchange EIGENUSDshort−0.6384%1h0.2329−1.915%$790$5K10x
Bybit EIGENUSDT−0.0574%4h0.2373−0.062%$8.9M$7.4M50xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0213%1h0.2373−0.045%$4110xas long as short
Kraken Futures PF_EIGENUSD−0.0079%1h0.2376+0.051%$159K$116K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2377+0.098%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.676%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0080%4h0.2370−0.188%$346K$112K75xas long as short
Lighter EIGEN+0.0096%1h0.2378+0.157%$534K$495K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2377+0.085%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2377+0.107%$4.5M$1.8M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EIGENUSDT+0.0100%4h0.2376+0.073%$44K$27K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2372−0.104%$8.0M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2372−0.104%$1.6M$4.7M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2372−0.104%$704K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2373−0.062%$8.3M$2.4M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2373−0.062%$2.4M$9.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2370−0.188%$1.8M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2372−0.104%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2376+0.069%$218K$145Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2384+0.401%$183K$2.8M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2377+0.107%$35K$233K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2374−0.020%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2372−0.100%$88K$691K10xas long as short
GMX EIGEN/USD [ETH-USDC]longL +0.0195% / S −0.0568%1h0.2374long leg$2K100x
Coinbase International EIGEN-PERP-INTX+0.0504%1h0.2380+0.229%$39K$277K50xas long as short
Reya EIGENRUSDPERP+0.0522%1h0.2375+0.002%$82915xas long as short