Funding you earn now, next payment 00:00 UTC+0.0261%/8h= +28.5% APRnext payment +$0.33 per $10,000 · paid last 24h +0.040%
Price spread now: Hyperliquid against GMX+0.290%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.290% dearer against GMX than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX EIGEN/USD [ETH-USDC] | 0.2441 | L +0.0195% / S −0.0568% | pay 0.0024% / 1h | 52m 19s | $2K | — | 100x |
| Short | Hyperliquid EIGEN | 0.2448 | 0.0455 | get 0.0057% / 1h | 52m 19s | $4.8M | $1.6M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $54.73
- Price spread: +0.290% → 0.000%
- $29.01
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $62.73
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 9 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 2.06 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange EIGENUSD | −0.0072% | 1h | 0.2440 | −0.038% | $827 | $5K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0016% | 1h | 0.2442 | +0.056% | $176K | $68K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2445 | +0.149% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2439 | −0.066% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | −0.120% | $6 | $6 | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2443 | +0.085% | $31K | $17K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2443 | +0.103% | $45K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2439 | −0.070% | $8.3M | $20.0M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2439 | −0.070% | $9.7M | $7.7M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2438 | −0.120% | $1.6M | $5.0M | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2442 | +0.044% | $734K | $636K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2441 | +0.003% | $8.8M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2443 | +0.085% | $2.4M | $10.6M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2441 | +0.003% | $1.9M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2441 | +0.003% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2434 | −0.297% | $202K | $127K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2440 | −0.038% | $190K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2432 | −0.365% | $36K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2440 | −0.038% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2439 | −0.080% | $92K | $496K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0143% | 4h | 0.2444 | +0.126% | $351K | $136K | 75x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0160% | 1h | 0.2445 | +0.179% | $42K | $161K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC]long | L +0.0195% / S −0.0568% | 1h | 0.2441 | long leg | $2K | — | 100x | |
| Hyperliquid EIGENshort | +0.0455% | 1h | 0.2448 | +0.290% | $4.8M | $1.6M | 5x | |
| Reya EIGENRUSDPERP | +0.0513% | 1h | 0.2442 | +0.036% | $852 | — | 15x | as long as short |
| Lighter EIGEN | +0.0848% | 1h | 0.2447 | +0.229% | $563K | $443K | 5x | as long as short |
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
01 Exchange EIGENUSD
Kraken Futures PF_EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Extended EIGEN-USD
BloFin EIGEN-USDT
Coinbase International EIGEN-PERP-INTX
Lighter EIGEN