Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Binance against Nado+0.271%48s7-day average — · you sell dearer than you buy

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

Long on Nado Short on Binance

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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.271% dearer against Nado than usual: you sell high and buy low, +$27 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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	Nado EIGEN-PERP	0.2395	0.0100	pay 0.0012% / 1h	3m 44s	$36K	$20K	3x
Short	Binance EIGENUSDT	0.2402	0.0100	get 0.0050% / 4h	3m 44s	$8.3M	$20.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Nado. 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 NadobpFee BinancebpOrdersPrice spread, now +0.271%Rate

Funding earned: $0
Price spread: +0.271% → 0.000%: $27.13
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: $10.13
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Nado: no order-book sample; Binance: live order book, 7 min ago. 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 Nado no order-book sample	—	—	—	—	—
Sell Binance live order book, 7 min ago	2.08 bp	12.5 bp −$12	50.1 bp −$501	473.0 bp −$47.3K	doesn't fit

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
dYdX EIGEN-USD	0.0000%	1h	0.2399	+0.129%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.774%	$6	$6	5.5x	as long as short
01 Exchange EIGENUSD	+0.0064%	1h	0.2396	+0.021%	$812	$5K	10x	as long as short
BloFin EIGEN-USDT	+0.0071%	4h	0.2395	−0.021%	$354K	$113K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2407	+0.463%	$541K	$504K	5x	as long as short
Nado EIGEN-PERPlong	+0.0100%	1h	0.2395	long leg	$36K	$20K	3x
Hyperliquid EIGEN	+0.0100%	1h	0.2406	+0.438%	$4.6M	$1.7M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2398	+0.113%	$44K	$37K	5x	as long as short
Binance EIGENUSDTshort	+0.0100%	4h	0.2402	+0.271%	$8.3M	$20.0M	75x
Bybit EIGENUSDT	+0.0100%	4h	0.2398	+0.104%	$9.3M	$7.3M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2401	+0.230%	$1.6M	$4.8M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2393	−0.104%	$729K	$577K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2399	+0.146%	$8.1M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2398	+0.104%	$2.4M	$10.0M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2398	+0.104%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2396	+0.021%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2393	−0.101%	$209K	$134K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2396	+0.021%	$183K	$2.3M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2396	+0.021%	$35K	$230K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2397	+0.063%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2400	+0.196%	$88K	$639K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2397	+0.076%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0280%	1h	0.2400	+0.188%	$40K	$250K	50x	as long as short
Deribit EIGEN_USDC-PERPETUAL	+0.0292%	1h	0.2399	+0.129%	—	$41	10x	as long as short
Kraken Futures PF_EIGENUSD	+0.0472%	1h	0.2400	+0.183%	$164K	$105K	20x	as long as short
Reya EIGENRUSDPERP	+0.0518%	1h	0.2398	+0.120%	$837	—	15x	as long as short