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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0568%/8h= +62.2% APRnext payment +$0.71 per $10,000 · paid last 24h +0.329%
Price spread now: GMX against Deribit−0.029%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
Funding pays, the price is against you. GMX is 0.029% cheaper against Deribit than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$17 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EIGEN_USDC-PERPETUAL0.24080get 0.0000% / 1h14m 13s$8610x
ShortGMX EIGEN/USD [ETH-USDC]0.2408L +0.0195% / S −0.0568%get 0.0071% / 1h14m 13s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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
$119.37
Price spread: −0.029% → 0.000%
−$2.87
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$97.5
Costs to cover
0.190%
Break-even
1.3 days
Slippage unknown: Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell GMX no order-book sample
Deribit 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange EIGENUSD−0.0112%1h0.2404−0.174%$815$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2407−0.063%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUALlong0.0000%1h0.2408long leg$8610x
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.237%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2411+0.125%$542K$431K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2407−0.029%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2414+0.241%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2408−0.010%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2408−0.008%$8.2M$20.0M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2409+0.033%$9.6M$7.8M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2409+0.033%$1.6M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2406−0.091%$720K$639K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2408−0.008%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2408−0.008%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2407−0.050%$1.8M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2409+0.033%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2404−0.166%$200K$132Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2405−0.147%$185K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2405−0.133%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2409+0.033%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2408+0.002%$91K$496K10xas long as short
BloFin EIGEN-USDT+0.0138%4h0.2404−0.174%$347K$133K75xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0195% / S −0.0568%1h0.2408−0.029%$2K100x
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2412+0.141%$42K$159K50xas long as short
Reya EIGENRUSDPERP+0.0513%1h0.2408−0.026%$84015xas long as short
Kraken Futures PF_EIGENUSD+0.0681%1h0.2410+0.082%$174K$68K20xas long as short