Spread before costs (cost unknown: a leg has no order-book sample)−0.024%
7d average—if it closes, per $10,000$2funding while held, a day+$14.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid EIGEN | 0.2406 | 0.0100 | pay 0.0013% / 1h | 58m 30s | $4.8M | $1.4M | 5x |
| Short | GMX EIGEN/USD [ETH-USDC] | 0.2405 | L +0.0195% / S −0.0568% | get 0.0071% / 1h | 58m 30s | $2K | — | 100x |
Hyperliquid EIGEN
GMX EIGEN/USD [ETH-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$2.41
- Funding while held
- $14.05
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$9.36
- Spread needed to break even
- 0.210%
Slippage unknown: Hyperliquid: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0468%
- Per $10,000 a day
- +$14.05
- Average in range /8h
- —
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 Hyperliquid live order book, 5 min ago | 2.08 bp | 20.5 bp −$21 | doesn't fit | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Extended0.2400cheapest01 Exchange0.2400+0.010%Bitget0.2400+0.010%Binance0.2401+0.052%Bybit0.2401+0.052%OKX0.2401+0.052%Gate0.2401+0.052%BingX0.2401+0.052%dYdX0.2401+0.059%Lighter0.2401+0.065%MEXC0.2402+0.094%Reya0.2403+0.140%Nado0.2404+0.156%KuCoin0.2404+0.177%Aster0.2405+0.209%Deribit0.2405+0.227%
Extended
Bitget
Binance
Bybit
OKX
Gate
BingX
dYdX
Lighter
MEXC
Reya
Nado
KuCoin
Aster
DeribitGMX0.2405+0.236%
Variational Omni0.2406+0.249%
Variational OmniHyperliquid0.2406+0.260%
ApeX Omni0.2406+0.260%Orderly0.2406+0.260%BloFin0.2406+0.260%Coinbase International0.2407+0.315%Kraken Futures0.2407+0.316%Injective0.2438+1.594%
ApeX Omni
Orderly
BloFin
Coinbase International
Kraken Futures
InjectiveEIGEN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended EIGEN-USD | −0.260% | +0.0104% | 1h | $89K | $494K | 10x | as long as short |
| 01 Exchange EIGENUSD | −0.249% | −0.0136% | 1h | $764 | $60 | 10x | as long as short |
| Bitget EIGENUSDT | −0.249% | +0.0100% | 4h | $1.8M | $1.3M | 75x | as long as short |
| Binance EIGENUSDT | −0.208% | +0.0100% | 4h | $8.2M | $18.7M | 75x | as long as short |
| Bybit EIGENUSDT | −0.208% | +0.0100% | 4h | $9.8M | $7.7M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | −0.208% | +0.0100% | 4h | $1.7M | $4.7M | 20x | as long as short |
| Gate EIGEN_USDT | −0.208% | +0.0100% | 4h | $728K | $663K | 50x | as long as short |
| BingX EIGEN-USDT | −0.208% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| dYdX EIGEN-USD | −0.201% | 0.0000% | 1h | $3K | — | 5x | as long as short |
| Lighter EIGEN | −0.195% | +0.0392% | 1h | $542K | $346K | 5x | as long as short |