Funding you earn now, next payment 04:00 UTC−0.0281%/8h= −30.7% APRpaid last 24h −0.052%
Price spread now: Bybit against GMX−0.208%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.208% cheaper against GMX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX EIGEN/USD [ETH-USDC] | 0.2382 | L +0.0195% / S −0.0568% | pay 0.0024% / 1h | 43m 33s | $2K | — | 100x |
| Short | Bybit EIGENUSDT | 0.2377 | −0.0086 | pay 0.0043% / 4h | 43m 33s | $9.2M | $7.3M | 50x |
GMX EIGEN/USD [ETH-USDC]
Bybit EIGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$58.93
- Price spread: −0.208% → 0.000%
- −$20.78
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$102.7
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 5 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 6.32 bp | 29.2 bp −$29 | 66.0 bp −$660 | doesn't fit | doesn't fit |
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 EIGENUSDTshort | −0.0086% | 4h | 0.2377 | −0.208% | $9.2M | $7.3M | 50x | |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2383 | +0.023% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | +0.0024% | 1h | 0.2379 | −0.145% | $807 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.332% | $6 | $6 | 5.5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | +0.0044% | 1h | 0.2383 | +0.031% | — | $41 | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0082% | 4h | 0.2376 | −0.271% | $355K | $110K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2387 | +0.183% | $536K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2379 | −0.145% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2383 | +0.023% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2382 | −0.008% | $44K | $37K | 5x | as long as short |
dYdX EIGEN-USD
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
Deribit EIGEN_USDC-PERPETUAL
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2379 | −0.125% | $8.2M | $20.3M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2379 | −0.145% | $1.6M | $4.8M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2381 | −0.061% | $727K | $571K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2379 | −0.145% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2378 | −0.187% | $2.3M | $10.1M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2380 | −0.103% | $1.8M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2383 | +0.023% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2375 | −0.310% | $193K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2376 | −0.256% | $188K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2376 | −0.271% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2383 | +0.023% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2380 | −0.119% | $87K | $642K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC]long | L +0.0195% / S −0.0568% | 1h | 0.2382 | long leg | $2K | — | 100x | |
| Coinbase International EIGEN-PERP-INTX | +0.0280% | 1h | 0.2383 | +0.023% | $40K | $248K | 50x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0475% | 1h | 0.2384 | +0.064% | $163K | $104K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0517% | 1h | 0.2379 | −0.135% | $831 | — | 15x | as long as short |
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Coinbase International EIGEN-PERP-INTX
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP