Funding you earn now, next payment 04:00 UTC+0.0468%/8h= +51.3% APRpaid last 24h +0.222%
Price spread now: GMX against GRVT+0.055%51s7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and GMX is 0.055% dearer against GRVT than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | GRVT EIGEN_USDT_Perp | 0.2396 | 0.0100 | pay 0.0050% / 4h | 3m 33s | $183K | $2.3M | 10x |
| Short | GMX EIGEN/USD [ETH-USDC] | 0.2397 | L +0.0195% / S −0.0568% | get 0.0071% / 1h | 3m 33s | $2K | — | 100x |
GRVT EIGEN_USDT_Perp
GMX EIGEN/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against GRVT. 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
- $98.37
- Price spread: +0.055% → 0.000%
- $5.47
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $82.84
- Costs to cover
- 0.210%
- Break-even
- 1.1 days
Slippage unknown: GRVT: live order book, 5 min ago; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 5 min ago | 2.09 bp | 56.3 bp −$56 | 243.0 bp −$2,430 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2399 | +0.108% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.753% | $6 | $6 | 5.5x | as long as short |
| 01 Exchange EIGENUSD | +0.0064% | 1h | 0.2403 | +0.292% | $815 | $5K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0071% | 4h | 0.2395 | −0.042% | $354K | $113K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2407 | +0.442% | $541K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2405 | +0.376% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2406 | +0.417% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2398 | +0.092% | $44K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2404 | +0.315% | $8.3M | $20.0M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2402 | +0.263% | $9.3M | $7.3M | 50x | as long as short |
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
01 Exchange EIGENUSD
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
Bybit 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 | +0.292% | $1.6M | $4.8M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2393 | −0.125% | $729K | $577K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2400 | +0.167% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2399 | +0.125% | $2.4M | $10.0M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2401 | +0.209% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2396 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2393 | −0.122% | $209K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perplong | +0.0100% | 4h | 0.2396 | long leg | $183K | $2.3M | 10x | |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2394 | −0.083% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2397 | +0.042% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2403 | +0.300% | $89K | $643K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC]short | L +0.0195% / S −0.0568% | 1h | 0.2397 | +0.055% | $2K | — | 100x | |
| Coinbase International EIGEN-PERP-INTX | +0.0280% | 1h | 0.2400 | +0.167% | $40K | $250K | 50x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | +0.0292% | 1h | 0.2399 | +0.109% | — | $41 | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0472% | 1h | 0.2400 | +0.162% | $164K | $105K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2398 | +0.099% | $837 | — | 15x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Coinbase International EIGEN-PERP-INTX
Deribit EIGEN_USDC-PERPETUAL
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP