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+0.0689%/8h= +75.4% APRnext payment +$0.86 per $10,000 · paid last 24h +0.314%
Price spread now: GMX against Deribit+0.047%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
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and GMX is 0.047% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EIGEN_USDC-PERPETUAL0.2429−0.0120get 0.0015% / 1h26m 59s$8610x
ShortGMX EIGEN/USD [ETH-USDC]0.2430L +0.0195% / S −0.0568%get 0.0071% / 1h26m 59s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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
$144.64
Price spread: +0.047% → 0.000%
$4.69
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$130.33
Costs to cover
0.190%
Break-even
0.7 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample
Sell GMX no order-book sample
Deribit and 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
Deribit EIGEN_USDC-PERPETUALlong−0.0120%1h0.2429long leg$8610x
01 Exchange EIGENUSD−0.0096%1h0.2428−0.054%$823$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2432+0.101%$175K$68K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2430+0.017%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.358%$6$65.5xas long as short
Bybit EIGENUSDT+0.0069%4h0.2433+0.156%$9.7M$7.7M50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2430+0.049%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2431+0.089%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2433+0.152%$8.3M$20.0M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2431+0.070%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2428−0.054%$732K$640K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2429−0.012%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2430+0.029%$2.3M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2432+0.111%$1.9M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2428−0.054%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2430+0.038%$203K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2431+0.069%$189K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2430+0.029%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2430+0.029%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2432+0.098%$92K$496K10xas long as short
BloFin EIGEN-USDT+0.0139%4h0.2428−0.054%$353K$134K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2432+0.128%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0195% / S −0.0568%1h0.2430+0.047%$2K100x
Hyperliquid EIGEN+0.0407%1h0.2438+0.358%$4.8M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2428−0.053%$84815xas long as short
Lighter EIGEN+0.0544%1h0.2435+0.243%$560K$443K5xas long as short