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+0.0472%/8h= +51.7% APRnext payment +$0.59 per $10,000 · paid last 24h +0.060%
Price spread now: GMX against Lighter−0.004%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EIGEN0.24020.0096pay 0.0012% / 1h57m 38s$540K$504K5x
ShortGMX EIGEN/USD [ETH-USDC]0.2402L +0.0195% / S −0.0568%get 0.0071% / 1h57m 38s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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
$99.21
Price spread: −0.004% → 0.000%
−$0.37
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
$86.84
Costs to cover
0.120%
Break-even
0.9 days
Slippage unknown: Lighter: live order book, 63 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 Lighter live order book, 63 min ago22.83 bp25.8 bp −$2675.7 bp −$757doesn'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 25 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
dYdX EIGEN-USD0.0000%1h0.2397−0.212%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2403+0.042%$4110xas long as short
Bybit EIGENUSDT+0.0018%4h0.2395−0.279%$9.3M$7.7M50xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.511%$6$65.5xas long as short
Lighter EIGENlong+0.0096%1h0.2402long leg$540K$504K5x
Nado EIGEN-PERP+0.0100%1h0.2394−0.300%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2398−0.164%$44K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2394−0.310%$8.2M$20.7M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2395−0.279%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2392−0.404%$732K$587K50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2395−0.279%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2395−0.279%$2.3M$10.4M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2395−0.279%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2394−0.321%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2407+0.224%$195K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2406+0.179%$191K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2408+0.262%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2402+0.012%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2394−0.318%$88K$639K10xas long as short
Hyperliquid EIGEN+0.0115%1h0.2402+0.012%$4.7M$1.7M5xas long as short
01 Exchange EIGENUSD+0.0168%1h0.2395−0.279%$812$5K10xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0195% / S −0.0568%1h0.2402−0.004%$2K100x
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2404+0.100%$40K$234K50xas long as short
Reya EIGENRUSDPERP+0.0516%1h0.2397−0.211%$83715xas long as short
Kraken Futures PF_EIGENUSD+0.0574%1h0.2404+0.110%$164K$98K20xas long as short