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+0.0468%/8h= +51.3% APRpaid last 24h +0.251%
Price spread now: GMX against MEXC+0.112%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$14 a day on $10k at the current rate, and GMX is 0.112% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EIGEN_USDT0.24150.0100pay 0.0050% / 4h2h 27m$8.3M$2.3M125x
ShortGMX EIGEN/USD [ETH-USDC]0.2418L +0.0195% / S −0.0568%get 0.0071% / 1h27m 04s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against MEXC. 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
$98.37
Price spread: +0.112% → 0.000%
$11.18
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee GMX: 6 bp × 2 orders
−$12
Net
$93.55
Costs to cover
0.160%
Break-even
0.3 days
Slippage unknown: MEXC: live order book, 1 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 MEXC live order book, 1 min ago2.07 bp4.1 bp −$413.2 bp −$132134.6 bp −$13.5Kdoesn'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−0.0056%4h0.24150.000%$9.4M$7.8M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2415−0.017%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2418+0.108%$4110xas long as short
01 Exchange EIGENUSD+0.0016%1h0.2407−0.331%$816$5K10xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.952%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2423+0.327%$544K$505K5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0096%1h0.2419+0.153%$41K$233K50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2417+0.104%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2422+0.290%$4.8M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2417+0.079%$45K$39K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2417+0.063%$8.3M$20.9M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.24150.000%$1.6M$5.1M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2414−0.041%$747K$598K50xas long as short
MEXC EIGEN_USDTlong+0.0100%4h0.2415long leg$8.3M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2417+0.083%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2416+0.041%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2417+0.083%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2404−0.450%$195K$129Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2404−0.455%$187K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2404−0.455%$35K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2419+0.166%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2417+0.067%$90K$639K10xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0195% / S −0.0568%1h0.2418+0.112%$2K100x
Reya EIGENRUSDPERP+0.0516%1h0.2419+0.167%$84415xas long as short
Kraken Futures PF_EIGENUSD+0.0596%1h0.2418+0.113%$165K$96K20xas long as short