EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0468%/8h= +51.3% APRnext payment +$0.59 per $10,000 · paid last 24h +0.122%

Price spread now: GMX against Hyperliquid−0.128%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.128% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.128% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 22 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid EIGEN	0.2401	0.0100	pay 0.0013% / 1h	0m 52s	$4.5M	$1.7M	5x
Short	GMX EIGEN/USD [ETH-USDC]	0.2398	L +0.0195% / S −0.0568%	get 0.0071% / 1h	0m 52s	$2K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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

Position, each leg$Hold fordaysFee HyperliquidbpFee GMXbpOrdersPrice spread, now −0.128%Rate

Funding earned: $98.37
Price spread: −0.128% → 0.000%: −$12.83
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $64.54
Costs to cover: 0.210%
Break-even: 2.4 days

Slippage unknown: Hyperliquid: live order book, 11 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 Hyperliquid live order book, 11 min ago	4.16 bp	25.0 bp −$25	doesn't fit	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
Bybit EIGENUSDT	−0.0340%	4h	0.2396	−0.208%	$9.3M	$7.2M	50x	as long as short
01 Exchange EIGENUSD	−0.0032%	1h	0.2398	−0.125%	$813	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2401	−0.020%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2399	−0.075%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.541%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0074%	4h	0.2397	−0.167%	$349K	$114K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2402	+0.046%	$540K	$508K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2399	−0.062%	$37K	$20K	3x	as long as short
Hyperliquid EIGENlong	+0.0100%	1h	0.2401	long leg	$4.5M	$1.7M	5x
Aster EIGENUSDT	+0.0100%	4h	0.2398	−0.137%	$44K	$26K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EIGENUSDT	+0.0100%	4h	0.2397	−0.182%	$8.1M	$19.9M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2395	−0.250%	$1.6M	$4.8M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2397	−0.167%	$721K	$584K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2398	−0.125%	$8.1M	$2.4M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2398	−0.125%	$2.4M	$9.9M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2398	−0.125%	$1.8M	$1.4M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2398	−0.125%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2397	−0.164%	$210K	$138K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2400	−0.053%	$190K	$2.5M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2403	+0.083%	$35K	$232K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2398	−0.125%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2398	−0.136%	$89K	$722K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]short	L +0.0195% / S −0.0568%	1h	0.2398	−0.128%	$2K	—	100x
Kraken Futures PF_EIGENUSD	+0.0323%	1h	0.2402	+0.023%	$161K	$112K	20x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0360%	1h	0.2405	+0.183%	$39K	$272K	50x	as long as short
Reya EIGENRUSDPERP	+0.0520%	1h	0.2399	−0.085%	$837	—	15x	as long as short