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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0832%/8h= +91.1% APRpaid last 24h +0.220%
Price spread now: GMX against Bybit+0.004%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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$25 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EIGENUSDT0.2399−0.0264get 0.0132% / 4h2h 35m$9.3M$7.1M50x
ShortGMX EIGEN/USD [ETH-USDC]0.2399L +0.0195% / S −0.0568%get 0.0071% / 1h35m 29s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Bybit. 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
$174.77
Price spread: +0.004% → 0.000%
$0.38
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GMX: 6 bp × 2 orders
−$12
Net
$152.15
Costs to cover
0.230%
Break-even
0.9 days
Slippage unknown: Bybit: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 8 min ago4.21 bp23.7 bp −$24211.2 bp −$2,112doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDTlong−0.0264%4h0.2399long leg$9.3M$7.1M50x
01 Exchange EIGENUSD−0.0040%1h0.2396−0.125%$812$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2396−0.140%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2388−0.463%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.626%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0079%4h0.2377−0.917%$353K$113K75xas long as short
Lighter EIGEN+0.0096%1h0.2401+0.067%$539K$507K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2399+0.021%$37K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2403+0.167%$4.6M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2399−0.009%$44K$37K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2399−0.006%$8.2M$19.8M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2396−0.125%$1.6M$4.8M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2395−0.167%$718K$575K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.23990.000%$7.9M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2396−0.125%$2.4M$9.9M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2397−0.083%$1.8M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2396−0.125%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2386−0.536%$213K$135Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2384−0.609%$186K$2.5M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2387−0.500%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2387−0.500%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2396−0.130%$91K$723K10xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0195% / S −0.0568%1h0.2399+0.004%$2K100x
Kraken Futures PF_EIGENUSD+0.0325%1h0.2391−0.322%$160K$110K20xas long as short
Coinbase International EIGEN-PERP-INTX+0.0360%1h0.2390−0.375%$41K$266K50xas long as short
Reya EIGENRUSDPERP+0.0519%1h0.2399+0.013%$83815xas long as short