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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: Nado against GRVT+0.166%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 fees+ Points / potential airdropGRVT: Active · Nado: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.166% dearer against GRVT than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT EIGEN_USDT_Perp0.23920.0100pay 0.0050% / 4h2h 47m$187K$2.1M10x
ShortNado EIGEN-PERP0.23960.0100get 0.0012% / 1h47m 05s$29K$16K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against GRVT. 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
$0
Price spread: +0.166% → 0.000%
$16.58
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$0.58
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: GRVT: live order book, 1 min ago; Nado: 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 GRVT live order book, 1 min ago6.26 bp17.3 bp −$17119.9 bp −$1,199doesn't fitdoesn't fit
Sell Nado no order-book sample
Nado: 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 EIGENUSD−0.0032%1h0.2395+0.124%$812$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2395+0.141%$8610xas long as short
dYdX EIGEN-USD0.0000%1h0.2397+0.208%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.922%$6$65.5xas long as short
Bybit EIGENUSDT+0.0052%4h0.2395+0.124%$9.6M$8.0M50xas long as short
Nado EIGEN-PERPshort+0.0100%1h0.2396+0.166%$29K$16K3x
Aster EIGENUSDT+0.0100%4h0.2396+0.186%$44K$24K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2395+0.124%$8.2M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2394+0.082%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2394+0.082%$716K$672K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2394+0.082%$8.4M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2395+0.124%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2395+0.124%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2395+0.124%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2391−0.043%$201K$152Kas long as short
GRVT EIGEN_USDT_Perplong+0.0100%4h0.2392long leg$187K$2.1M10x
ApeX Omni EIGENUSDT+0.0100%1h0.2390−0.085%$36K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2396+0.166%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2395+0.111%$90K$496K10xas long as short
BloFin EIGEN-USDT+0.0121%4h0.2391−0.043%$350K$135K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2399+0.270%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2395+0.135%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2399+0.298%$174K$67K20xas long as short
Reya EIGENRUSDPERP+0.0511%1h0.2395+0.139%$83615xas long as short
Lighter EIGEN+0.0672%1h0.2400+0.341%$578K$392K5xas long as short
Hyperliquid EIGEN+0.0787%1h0.2401+0.375%$4.8M$1.5M5xas long as short