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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0468%/8h= +51.3% APRpaid last 24h +0.236%
Price spread now: GMX against Gate+0.140%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 +$14 a day on $10k at the current rate, and GMX is 0.140% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EIGEN_USDT0.23980.0100pay 0.0050% / 4h1h 36m$734K$590K50x
ShortGMX EIGEN/USD [ETH-USDC]0.2401L +0.0195% / S −0.0568%get 0.0071% / 1h36m 47s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Gate. 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
$98.37
Price spread: +0.140% → 0.000%
$13.97
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GMX: 6 bp × 2 orders
−$12
Net
$85.34
Costs to cover
0.270%
Break-even
0.9 days
Slippage unknown: Gate: live order book, 25 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 Gate live order book, 25 min ago4.16 bp34.5 bp −$34doesn'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
Bybit EIGENUSDT−0.0132%4h0.2401+0.129%$9.4M$7.6M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2397−0.061%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2400+0.092%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.668%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0048%1h0.2399+0.042%$813$5K10xas long as short
BloFin EIGEN-USDT+0.0076%4h0.2402+0.167%$355K$118K75xas long as short
Lighter EIGEN+0.0096%1h0.2409+0.450%$541K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2401+0.125%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2403+0.188%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2402+0.176%$8.3M$20.6M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2403+0.209%$1.6M$5.0M20xas long as short
Gate EIGEN_USDTlong+0.0100%4h0.2398long leg$734K$590K50x
MEXC EIGEN_USDT+0.0100%4h0.2402+0.167%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2401+0.125%$2.4M$10.3M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2401+0.125%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2401+0.125%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2399+0.022%$194K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2395−0.125%$194K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2397−0.042%$35K$232K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2401+0.125%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2402+0.184%$91K$642K10xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0195% / S −0.0568%1h0.2401+0.140%$2K100x
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2400+0.083%$40K$242K50xas long as short
Hyperliquid EIGEN+0.0273%1h0.2407+0.375%$4.7M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0516%1h0.2402+0.148%$83815xas long as short
Kraken Futures PF_EIGENUSD+0.0574%1h0.2402+0.170%$165K$99K20xas long as short