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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h +0.037%
Price spread now: Nado against 01 Exchange+0.021%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 airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Nado is 0.021% dearer against 01 Exchange than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange EIGENUSD0.24080.0072pay 0.0009% / 1h15m 29s$817$5K10x
ShortNado EIGEN-PERP0.24090.0100get 0.0012% / 1h15m 29s$36K$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$5.88
Price spread: +0.021% → 0.000%
$2.08
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$6.04
Costs to cover
0.140%
Break-even
14.2 days
Slippage unknown: 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Nado no order-book sample
01 Exchange 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT−0.0062%4h0.24080.000%$9.4M$7.5M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2409+0.022%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2412+0.170%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.246%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0045%4h0.2417+0.374%$356K$118K75xas long as short
01 Exchange EIGENUSDlong+0.0072%1h0.2408long leg$817$5K10x
Lighter EIGEN+0.0096%1h0.2414+0.266%$543K$504K5xas long as short
Nado EIGEN-PERPshort+0.0100%1h0.2409+0.021%$36K$20K3x
Aster EIGENUSDT+0.0100%4h0.2409+0.053%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2409+0.042%$8.3M$20.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.24080.000%$1.6M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2410+0.083%$738K$593K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.24080.000%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.24080.000%$2.4M$10.3M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2407−0.042%$1.9M$1.5M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2409+0.042%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2412+0.147%$195K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2412+0.166%$183K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2413+0.208%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2412+0.166%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2408−0.005%$90K$644K10xas long as short
Hyperliquid EIGEN+0.0113%1h0.2413+0.208%$4.7M$1.7M5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2413+0.190%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2414+0.262%$41K$247K50xas long as short
Reya EIGENRUSDPERP+0.0517%1h0.2409+0.022%$84115xas long as short
Kraken Futures PF_EIGENUSD+0.0571%1h0.2416+0.312%$166K$100K20xas long as short