Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0468%/8h= +51.3% APRpaid last 24h +0.265%

Price spread now: GMX against Aster−0.098%7-day average — · you buy dearer than you sell

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

Long on Aster 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 airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.098% cheaper against Aster than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 17 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	Aster EIGENUSDT	0.2443	0.0100	pay 0.0050% / 4h	3h 05m	$48K	$37K	5x
Short	GMX EIGEN/USD [ETH-USDC]	0.2441	L +0.0195% / S −0.0568%	get 0.0071% / 1h	5m 41s	$2K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aster. 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 AsterbpFee GMXbpOrdersPrice spread, now −0.098%Rate

Funding earned: $98.37
Price spread: −0.098% → 0.000%: −$9.81
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $68.56
Costs to cover: 0.200%
Break-even: 2.1 days

Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Aster and 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
Deribit EIGEN_USDC-PERPETUAL	−0.0160%	1h	0.2440	−0.108%	—	$86	10x	as long as short
Kraken Futures PF_EIGENUSD	−0.0097%	1h	0.2443	+0.003%	$168K	$82K	20x	as long as short
01 Exchange EIGENUSD	−0.0056%	1h	0.2440	−0.124%	$827	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2442	−0.060%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	−0.206%	$6	$6	5.5x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2448	+0.220%	$557K	$449K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2441	−0.063%	$32K	$18K	3x	as long as short
Aster EIGENUSDTlong	+0.0100%	4h	0.2443	long leg	$48K	$37K	5x
Binance EIGENUSDT	+0.0100%	4h	0.2441	−0.096%	$8.5M	$20.4M	75x	as long as short
Bybit EIGENUSDT	+0.0100%	4h	0.2440	−0.124%	$9.7M	$7.6M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2439	−0.165%	$1.7M	$4.9M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2438	−0.206%	$753K	$594K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2441	−0.083%	$8.6M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2440	−0.124%	$2.4M	$10.4M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2440	−0.124%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2441	−0.083%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2439	−0.163%	$203K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2455	+0.490%	$194K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2457	+0.572%	$36K	$237K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2441	−0.083%	$580	$3K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2440	−0.109%	$93K	$640K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2453	+0.424%	$44K	$190K	50x	as long as short
BloFin EIGEN-USDT	+0.0144%	4h	0.2451	+0.326%	$361K	$129K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]short	L +0.0195% / S −0.0568%	1h	0.2441	−0.098%	$2K	—	100x
Hyperliquid EIGEN	+0.0284%	1h	0.2448	+0.203%	$4.9M	$1.6M	5x	as long as short
Reya EIGENRUSDPERP	+0.0515%	1h	0.2441	−0.096%	$852	—	15x	as long as short