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+0.0688%/8h= +75.4% APRnext payment +$0.86 per $10,000 · paid last 24h +0.329%
Price spread now: GMX against 01 Exchange+0.026%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
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and GMX is 0.026% dearer against 01 Exchange than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange EIGENUSD0.2411−0.0120get 0.0015% / 1h20m 53s$818$5K10x
ShortGMX EIGEN/USD [ETH-USDC]0.2412L +0.0194% / S −0.0568%get 0.0071% / 1h20m 53s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against 01 Exchange. 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
$144.57
Price spread: +0.026% → 0.000%
$2.57
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$128.14
Costs to cover
0.190%
Break-even
0.8 days
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample
Sell GMX no order-book sample
01 Exchange and 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
01 Exchange EIGENUSDlong−0.0120%1h0.2411long leg$818$5K10x
dYdX EIGEN-USD0.0000%1h0.2410−0.058%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.24110.000%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.120%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0068%4h0.2409−0.083%$348K$133K75xas long as short
Lighter EIGEN+0.0096%1h0.2414+0.116%$542K$431K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2412+0.041%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2415+0.166%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2409−0.071%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2409−0.083%$8.2M$20.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2409−0.087%$9.6M$7.8M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2409−0.083%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2409−0.083%$722K$638K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2408−0.124%$9.0M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2409−0.083%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2408−0.124%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2410−0.041%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2402−0.386%$200K$132Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2405−0.249%$185K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2404−0.290%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2412+0.041%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2409−0.084%$91K$496K10xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0194% / S −0.0568%1h0.2412+0.026%$2K100x
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2412+0.025%$42K$159K50xas long as short
Reya EIGENRUSDPERP+0.0513%1h0.2411−0.009%$84215xas long as short
Kraken Futures PF_EIGENUSD+0.0680%1h0.2412+0.048%$174K$68K20xas long as short