EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.042%

Price spread now: Nado against Injective−1.805%49s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 1.805% cheaper against Injective than usual: you would sell low and buy high (spread −1.805% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$180 on $10k: about 3 months of funding at the current rate (+$2 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective EIGEN/USDC PERP	0.2438	0.0033	pay 0.0004% / 1h	45m 55s	$6	$6	5.5x
Short	Nado EIGEN-PERP	0.2394	0.0100	get 0.0012% / 1h	45m 55s	$29K	$16K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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 InjectivebpFee NadobpOrdersPrice spread, now −1.805%Rate

Funding earned: $14
Price spread: −1.805% → 0.000%: −$180.48
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$173.5
Costs to cover: 0.070%
Break-even: 93.7 days

Slippage unknown: Injective: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Nado no order-book sample	—	—	—	—	—

Injective and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange EIGENUSD	−0.0024%	1h	0.2393	−1.846%	$811	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2395	−1.764%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2394	−1.825%	—	$86	10x	as long as short
Injective EIGEN/USDC PERPlong	+0.0033%	1h	0.2438	long leg	$6	$6	5.5x
Bybit EIGENUSDT	+0.0056%	4h	0.2392	−1.866%	$9.6M	$8.0M	50x	as long as short
Nado EIGEN-PERPshort	+0.0100%	1h	0.2394	−1.805%	$29K	$16K	3x
Aster EIGENUSDT	+0.0100%	4h	0.2394	−1.818%	$44K	$24K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2394	−1.813%	$8.2M	$20.1M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2391	−1.928%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2391	−1.928%	$715K	$672K	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EIGEN_USDT	+0.0100%	4h	0.2393	−1.846%	$8.4M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2394	−1.805%	$2.3M	$10.8M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2394	−1.805%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2394	−1.805%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2391	−1.927%	$201K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2392	−1.885%	$187K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2390	−1.969%	$36K	$235K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2393	−1.846%	$2K	$2K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2392	−1.878%	$90K	$496K	10x	as long as short
BloFin EIGEN-USDT	+0.0121%	4h	0.2391	−1.928%	$350K	$135K	75x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2399	−1.620%	$42K	$159K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2393	−1.832%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSD	+0.0312%	1h	0.2399	−1.607%	$174K	$67K	20x	as long as short
Reya EIGENRUSDPERP	+0.0511%	1h	0.2393	−1.830%	$835	—	15x	as long as short
Lighter EIGEN	+0.0672%	1h	0.2399	−1.604%	$577K	$392K	5x	as long as short
Hyperliquid EIGEN	+0.0792%	1h	0.2399	−1.600%	$4.8M	$1.5M	5x	as long as short