EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0672%/8h= +73.6% APRnext payment +$0.84 per $10,000 · paid last 24h +0.028%

Price spread now: GMX against Kraken Futures−0.246%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.246% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.246% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 29 hours of funding at the current rate (+$20 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_EIGENUSD	0.2377	−0.0103	get 0.0013% / 1h	16m 33s	$159K	$120K	20x
Short	GMX EIGEN/USD [ETH-USDC]	0.2372	L +0.0195% / S −0.0568%	get 0.0071% / 1h	16m 33s	$2K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.246%Rate

Funding earned: $141.09
Price spread: −0.246% → 0.000%: −$24.63
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $94.46
Costs to cover: 0.220%
Break-even: 2.3 days

Slippage unknown: Kraken Futures: live order book, 21 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 21 min ago	4.22 bp	29.1 bp −$29	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 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 EIGENUSDT	−0.0296%	4h	0.2375	−0.099%	$9.0M	$7.4M	50x	as long as short
Kraken Futures PF_EIGENUSDlong	−0.0103%	1h	0.2377	long leg	$159K	$120K	20x
01 Exchange EIGENUSD	−0.0040%	1h	0.2366	−0.482%	$802	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2377	−0.039%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2371	−0.271%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.547%	$6	$6	5.5x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2382	+0.174%	$535K	$500K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2379	+0.044%	$36K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2382	+0.191%	$4.5M	$1.7M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2376	−0.062%	$44K	$26K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EIGENUSDT	+0.0100%	4h	0.2376	−0.061%	$8.0M	$20.1M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2376	−0.061%	$1.6M	$4.7M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2374	−0.145%	$705K	$619K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2377	−0.019%	$7.9M	$2.4M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2375	−0.103%	$2.4M	$9.7M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2375	−0.103%	$1.8M	$1.3M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2375	−0.103%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2360	−0.752%	$207K	$138K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2370	−0.314%	$180K	$2.7M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2370	−0.314%	$34K	$232K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2370	−0.314%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2377	−0.025%	$90K	$690K	10x	as long as short
BloFin EIGEN-USDT	+0.0114%	4h	0.2372	−0.229%	$347K	$106K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]short	L +0.0195% / S −0.0568%	1h	0.2372	−0.246%	$2K	—	100x
Coinbase International EIGEN-PERP-INTX	+0.0488%	1h	0.2380	+0.107%	$38K	$276K	50x	as long as short
Reya EIGENRUSDPERP	+0.0522%	1h	0.2372	−0.250%	$828	—	15x	as long as short