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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0424%/8h= +46.5% APRnext payment +$0.53 per $10,000 · paid last 24h +0.292%
Price spread now: GMX against Coinbase International−0.187%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 0.187% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.187% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 35 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EIGEN-PERP-INTX0.23970.0144pay 0.0018% / 1h11m 07s$42K$160K50x
ShortGMX EIGEN/USD [ETH-USDC]0.2393L +0.0194% / S −0.0568%get 0.0071% / 1h11m 07s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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
$89.13
Price spread: −0.187% → 0.000%
−$18.69
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$48.44
Costs to cover
0.220%
Break-even
3.2 days
Slippage unknown: Coinbase International: live order book, 12 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 Coinbase International live order book, 12 min ago0.21 bp31.6 bp −$32doesn't fitdoesn'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
01 Exchange EIGENUSD−0.0008%1h0.2392−0.229%$811$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2396−0.069%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2394−0.163%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.689%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2396−0.063%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2395−0.106%$46K$26K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2393−0.188%$8.2M$20.2M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2394−0.163%$9.6M$8.0M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2394−0.146%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2392−0.229%$716K$674K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2393−0.188%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2394−0.146%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2391−0.271%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2394−0.146%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2408+0.433%$203K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2402+0.187%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2408+0.438%$35K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2393−0.188%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2393−0.196%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTXlong+0.0144%1h0.2397long leg$42K$160K50x
BloFin EIGEN-USDT+0.0158%4h0.2394−0.146%$349K$136K75xas long as short
Lighter EIGEN+0.0184%1h0.2396−0.054%$540K$434K5xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0194% / S −0.0568%1h0.2393−0.187%$2K100x
Kraken Futures PF_EIGENUSD+0.0312%1h0.2397−0.010%$173K$68K20xas long as short
Hyperliquid EIGEN+0.0321%1h0.2398+0.021%$4.7M$1.5M5xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2392−0.234%$83515xas long as short