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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
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
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 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX EIGEN/USD [ETH-USDC]0.2441L +0.0195% / S −0.0568%pay 0.0024% / 1h52m 19s$2K100x
ShortHyperliquid EIGEN0.24480.0455get 0.0057% / 1h52m 19s$4.8M$1.6M5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Hyperliquid live order book, 9 min ago2.06 bp14.0 bp −$14doesn't fitdoesn'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
01 Exchange EIGENUSD−0.0072%1h0.2440−0.038%$827$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2442+0.056%$176K$68K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2445+0.149%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2439−0.066%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.120%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2443+0.085%$31K$17K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2443+0.103%$45K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2439−0.070%$8.3M$20.0M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2439−0.070%$9.7M$7.7M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2438−0.120%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2442+0.044%$734K$636K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2441+0.003%$8.8M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2443+0.085%$2.4M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2441+0.003%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2441+0.003%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2434−0.297%$202K$127Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2440−0.038%$190K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2432−0.365%$36K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2440−0.038%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2439−0.080%$92K$496K10xas long as short
BloFin EIGEN-USDT+0.0143%4h0.2444+0.126%$351K$136K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2445+0.179%$42K$161K50xas long as short
GMX EIGEN/USD [ETH-USDC]longL +0.0195% / S −0.0568%1h0.2441long leg$2K100x
Hyperliquid EIGENshort+0.0455%1h0.2448+0.290%$4.8M$1.6M5x
Reya EIGENRUSDPERP+0.0513%1h0.2442+0.036%$85215xas long as short
Lighter EIGEN+0.0848%1h0.2447+0.229%$563K$443K5xas long as short