EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0468%/8h= +51.3% APRnext payment +$0.59 per $10,000 · paid last 24h +0.301%

Price spread now: GMX against Nado−0.034%7-day average — · you buy dearer than you sell

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

Long on Nado Short on GMX

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. GMX is 0.034% cheaper against Nado than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado EIGEN-PERP	0.2404	0.0100	pay 0.0012% / 1h	34m 01s	$29K	$16K	3x
Short	GMX EIGEN/USD [ETH-USDC]	0.2403	L +0.0195% / S −0.0568%	get 0.0071% / 1h	34m 01s	$2K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $98.37
Price spread: −0.034% → 0.000%: −$3.41
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $75.96
Costs to cover: 0.190%
Break-even: 1.6 days

Slippage unknown: Nado: 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

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

Nado 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit EIGEN_USDC-PERPETUAL	−0.0208%	1h	0.2403	−0.037%	—	$86	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2402	−0.046%	$3K	—	5x	as long as short
01 Exchange EIGENUSD	0.0000%	1h	0.2402	−0.062%	$814	$5K	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.435%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0083%	4h	0.2406	+0.104%	$351K	$136K	75x	as long as short
Nado EIGEN-PERPlong	+0.0100%	1h	0.2404	long leg	$29K	$16K	3x
Aster EIGENUSDT	+0.0100%	4h	0.2404	+0.006%	$44K	$24K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2403	−0.031%	$8.2M	$20.1M	75x	as long as short
Bybit EIGENUSDT	+0.0100%	4h	0.2402	−0.050%	$9.6M	$8.0M	50x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2403	−0.021%	$1.6M	$5.1M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDT	+0.0100%	4h	0.2402	−0.062%	$718K	$672K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2402	−0.062%	$8.4M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2403	−0.021%	$2.3M	$10.8M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2400	−0.146%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2402	−0.062%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2402	−0.066%	$202K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2401	−0.112%	$185K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2400	−0.146%	$35K	$235K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2403	−0.021%	$2K	$2K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2403	−0.031%	$91K	$496K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2407	+0.133%	$42K	$160K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]short	L +0.0195% / S −0.0568%	1h	0.2403	−0.034%	$2K	—	100x
Kraken Futures PF_EIGENUSD	+0.0311%	1h	0.2406	+0.109%	$173K	$68K	20x	as long as short
Reya EIGENRUSDPERP	+0.0512%	1h	0.2403	−0.027%	$839	—	15x	as long as short
Lighter EIGEN	+0.0544%	1h	0.2404	+0.021%	$572K	$398K	5x	as long as short
Hyperliquid EIGEN	+0.0576%	1h	0.2409	+0.229%	$4.8M	$1.5M	5x	as long as short