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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0027%/8h= −2.9% APRnext payment $0.03 per $10,000 · paid last 24h +0.060%
Price spread now: GMX against Kraken Futures−0.101%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 −$1 a day on $10k at the current rate, and GMX is 0.101% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_EIGENUSD0.24210.0595pay 0.0074% / 1h24m 30s$165K$96K20x
ShortGMX EIGEN/USD [ETH-USDC]0.2419L +0.0195% / S −0.0568%get 0.0071% / 1h24m 30s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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
−$5.64
Price spread: −0.101% → 0.000%
−$10.07
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$37.72
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 43 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 43 min ago6.12 bp47.3 bp −$47doesn't fitdoesn't fitdoesn'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 25 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
Bybit EIGENUSDT−0.0016%4h0.2417−0.180%$9.4M$7.8M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2418−0.160%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2420−0.052%$4110xas long as short
01 Exchange EIGENUSD+0.0024%1h0.2416−0.226%$819$5K10xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.683%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2426+0.191%$545K$505K5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0096%1h0.2422+0.022%$41K$233K50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2417−0.164%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2426+0.187%$4.8M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2421−0.039%$45K$39K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2418−0.148%$8.3M$20.8M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2416−0.226%$1.6M$5.1M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2417−0.185%$747K$599K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2419−0.102%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2420−0.061%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2420−0.061%$1.9M$1.5M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2419−0.102%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2418−0.160%$196K$127Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2417−0.185%$188K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2404−0.721%$35K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2420−0.061%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2418−0.137%$90K$639K10xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0195% / S −0.0568%1h0.2419−0.101%$2K100x
Reya EIGENRUSDPERP+0.0516%1h0.2419−0.120%$84415xas long as short
Kraken Futures PF_EIGENUSDlong+0.0595%1h0.2421long leg$165K$96K20x