EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0595%/8h= +65.2% APRnext payment +$0.74 per $10,000 · paid last 24h +0.012%

Price spread now: GMX against Kraken Futures−0.054%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.054% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_EIGENUSD	0.2378	−0.0027	get 0.0003% / 1h	10m 27s	$160K	$115K	20x
Short	GMX EIGEN/USD [ETH-USDC]	0.2377	L +0.0195% / S −0.0568%	get 0.0071% / 1h	10m 27s	$2K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.054%Rate

Funding earned: $124.99
Price spread: −0.054% → 0.000%: −$5.38
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $97.61
Costs to cover: 0.220%
Break-even: 1.5 days

Slippage unknown: Kraken Futures: live order book, 32 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 32 min ago	6.31 bp	32.4 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
Bybit EIGENUSDT	−0.0172%	4h	0.2376	−0.079%	$9.1M	$7.3M	50x	as long as short
Kraken Futures PF_EIGENUSDlong	−0.0027%	1h	0.2378	long leg	$160K	$115K	20x
dYdX EIGEN-USD	0.0000%	1h	0.2377	−0.046%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2377	−0.046%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.515%	$6	$6	5.5x	as long as short
01 Exchange EIGENUSD	+0.0056%	1h	0.2377	−0.050%	$806	$5K	10x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2383	+0.211%	$536K	$503K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2378	+0.013%	$37K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2383	+0.202%	$4.5M	$1.7M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2379	+0.014%	$44K	$26K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EIGENUSDT	+0.0100%	4h	0.2378	0.000%	$8.1M	$19.9M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2376	−0.092%	$1.6M	$4.7M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2375	−0.134%	$714K	$579K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2377	−0.050%	$8.1M	$2.4M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2378	−0.008%	$2.4M	$9.8M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2376	−0.092%	$1.8M	$1.3M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2376	−0.092%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2376	−0.090%	$208K	$138K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2375	−0.141%	$187K	$2.6M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2375	−0.134%	$35K	$232K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2377	−0.050%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2377	−0.043%	$88K	$698K	10x	as long as short
BloFin EIGEN-USDT	+0.0109%	4h	0.2377	−0.050%	$347K	$113K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]short	L +0.0195% / S −0.0568%	1h	0.2377	−0.054%	$2K	—	100x
Coinbase International EIGEN-PERP-INTX	+0.0448%	1h	0.2379	+0.030%	$38K	$267K	50x	as long as short
Reya EIGENRUSDPERP	+0.0521%	1h	0.2378	−0.003%	$830	—	15x	as long as short