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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0035%/8h= −3.8% APRnext payment $0.04 per $10,000 · paid last 24h −0.013%
Price spread now: Coinbase International against GMX+0.081%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 pays, funding is against you. Coinbase International is 0.081% dearer against GMX than usual: you sell high and buy low (spread +0.081% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX EIGEN/USD [ETH-USDC]0.2430L +0.0195% / S −0.0568%pay 0.0024% / 1h26m 55s$2K100x
ShortCoinbase International EIGEN-PERP-INTX0.24320.0160get 0.0020% / 1h26m 55s$42K$159K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. 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
−$7.26
Price spread: +0.081% → 0.000%
$8.06
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$21.2
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 51 min ago. 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 GMX no order-book sample
Sell Coinbase International live order book, 51 min ago7.07 bp15.8 bp −$16doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit EIGEN_USDC-PERPETUAL−0.0120%1h0.2429−0.047%$8610xas long as short
01 Exchange EIGENUSD−0.0096%1h0.2428−0.100%$823$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2432+0.054%$175K$68K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2430−0.030%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.311%$6$65.5xas long as short
Bybit EIGENUSDT+0.0069%4h0.2433+0.105%$9.7M$7.7M50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2430+0.002%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2434+0.160%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2433+0.088%$8.3M$20.0M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2431+0.023%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2432+0.064%$733K$640K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2433+0.105%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2433+0.105%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2432+0.064%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2432+0.064%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2430−0.009%$203K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2431+0.022%$189K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2430−0.018%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2430−0.018%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2432+0.051%$92K$496K10xas long as short
BloFin EIGEN-USDT+0.0139%4h0.2428−0.100%$353K$134K75xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0160%1h0.2432+0.081%$42K$159K50x
GMX EIGEN/USD [ETH-USDC]longL +0.0195% / S −0.0568%1h0.2430long leg$2K100x
Hyperliquid EIGEN+0.0411%1h0.2439+0.352%$4.8M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2428−0.100%$84815xas long as short
Lighter EIGEN+0.0544%1h0.2435+0.196%$560K$443K5xas long as short