Funding you earn now, next payment 23:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.026%
Price spread now: Variational Omni against GMX−0.411%50s7-day average — · you buy dearer than you sell
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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.411% cheaper against GMX than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX EIGEN/USD [ETH-USDC] | 0.2412 | L +0.0194% / S −0.0568% | pay 0.0024% / 1h | 20m 38s | $2K | — | 100x |
| Short | Variational Omni EIGEN | 0.2402 | 0.0100 | get 0.0050% / 4h | 1h 20m | $200K | $132K | — |
GMX EIGEN/USD [ETH-USDC]
Variational Omni EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$19.84
- Price spread: −0.411% → 0.000%
- −$41.14
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$72.98
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 63 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 Variational Omni RFQ quote, 63 min ago | 6.21 bp | doesn't fit | 55.9 bp −$559 | 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 | −0.0120% | 1h | 0.2408 | −0.150% | $817 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2410 | −0.084% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2411 | −0.026% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.094% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0068% | 4h | 0.2409 | −0.109% | $348K | $133K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2413 | +0.049% | $542K | $431K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2412 | +0.016% | $28K | $17K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2415 | +0.140% | $4.7M | $1.5M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2410 | −0.085% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2409 | −0.109% | $8.2M | $20.0M | 75x | as long as short |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2408 | −0.150% | $9.6M | $7.8M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2408 | −0.150% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2409 | −0.109% | $722K | $638K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2409 | −0.109% | $9.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2410 | −0.067% | $2.3M | $10.6M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2408 | −0.150% | $1.9M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2409 | −0.109% | — | $6.5M | — | as long as short |
| Variational Omni EIGENshort | +0.0100% | 4h | 0.2402 | −0.411% | $200K | $132K | — | |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2405 | −0.275% | $185K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2404 | −0.316% | $35K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2412 | +0.016% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2409 | −0.110% | $91K | $496K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC]long | L +0.0194% / S −0.0568% | 1h | 0.2412 | long leg | $2K | — | 100x | |
| Coinbase International EIGEN-PERP-INTX | +0.0200% | 1h | 0.2412 | −0.001% | $42K | $159K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0513% | 1h | 0.2411 | −0.034% | $842 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0680% | 1h | 0.2412 | +0.022% | $174K | $68K | 20x | as long as short |
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP
Kraken Futures PF_EIGENUSD