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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.025%
Price spread now: Bitget against GMX−0.030%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 −$3 a day on $10k at the current rate, and Bitget is 0.030% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX EIGEN/USD [ETH-USDC]0.2407L +0.0195% / S −0.0568%pay 0.0024% / 1h31m 37s$2K100x
ShortBitget EIGENUSDT0.24060.0100get 0.0050% / 4h1h 31m$1.9M$1.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GMX. 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
−$19.86
Price spread: −0.030% → 0.000%
−$2.95
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$46.81
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 5 min ago. 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 GMX no order-book sample
Sell Bitget live order book, 5 min ago4.16 bp20.4 bp −$2074.9 bp −$749doesn't fitdoesn't fit
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
Bybit EIGENUSDT−0.0119%4h0.2407+0.012%$9.4M$7.5M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2408+0.034%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2406−0.030%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.300%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0056%1h0.2409+0.095%$817$5K10xas long as short
BloFin EIGEN-USDT+0.0092%4h0.2409+0.095%$355K$119K75xas long as short
Lighter EIGEN+0.0096%1h0.2414+0.303%$542K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2409+0.116%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2408+0.046%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2408+0.044%$8.3M$20.6M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2408+0.054%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2406−0.030%$737K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2407+0.012%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2408+0.054%$2.4M$10.3M50xas long as short
Bitget EIGENUSDTshort+0.0100%4h0.2406−0.030%$1.9M$1.5M75x
BingX EIGEN-USDC+0.0100%4h0.2408+0.054%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2404−0.132%$194K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2410+0.147%$195K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2409+0.095%$35K$232K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2407+0.012%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2409+0.093%$92K$642K10xas long as short
GMX EIGEN/USD [ETH-USDC]longL +0.0195% / S −0.0568%1h0.2407long leg$2K100x
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2413+0.261%$41K$246K50xas long as short
Hyperliquid EIGEN+0.0252%1h0.2412+0.220%$4.7M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0517%1h0.2408+0.069%$84115xas long as short
Kraken Futures PF_EIGENUSD+0.0573%1h0.2408+0.044%$166K$100K20xas long as short