Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.045%

Price spread now: Nado against BloFin−0.061%7-day average — · you buy dearer than you sell

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

Long on BloFin 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 0.061% cheaper against BloFin than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 18 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EIGEN-USDT	0.2448	0.0089	pay 0.0044% / 4h	3h 03m	$362K	$128K	75x
Short	Nado EIGEN-PERP	0.2446	0.0100	get 0.0012% / 1h	3m 55s	$32K	$18K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against BloFin. 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 BloFinbpFee NadobpOrdersPrice spread, now −0.061%Rate

Funding earned: $2.37
Price spread: −0.061% → 0.000%: −$6.13
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$22.76
Costs to cover: 0.190%
Break-even: 74.4 days

Slippage unknown: BloFin: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 1 min ago	4.09 bp	10.1 bp −$10	24.3 bp −$243	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_EIGENUSD	−0.0097%	1h	0.2442	−0.232%	$168K	$82K	20x	as long as short
01 Exchange EIGENUSD	−0.0056%	1h	0.2445	−0.123%	$829	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2447	−0.060%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2442	−0.233%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	−0.408%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDTlong	+0.0089%	4h	0.2448	long leg	$362K	$128K	75x
Lighter EIGEN	+0.0096%	1h	0.2450	+0.098%	$558K	$449K	5x	as long as short
Nado EIGEN-PERPshort	+0.0100%	1h	0.2446	−0.061%	$32K	$18K	3x
Aster EIGENUSDT	+0.0100%	4h	0.2443	−0.205%	$48K	$37K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2436	−0.494%	$8.5M	$20.4M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit EIGENUSDT	+0.0100%	4h	0.2436	−0.507%	$9.7M	$7.6M	50x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2433	−0.613%	$1.7M	$4.9M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2435	−0.531%	$752K	$594K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2437	−0.449%	$8.5M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2437	−0.449%	$2.4M	$10.4M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2435	−0.531%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2436	−0.490%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2439	−0.366%	$203K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2455	+0.286%	$194K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2457	+0.368%	$36K	$237K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2444	−0.163%	$581	$3K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2437	−0.469%	$93K	$640K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2445	−0.106%	$44K	$189K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2445	−0.123%	$2K	—	100x	as long as short
Hyperliquid EIGEN	+0.0313%	1h	0.2447	−0.041%	$4.9M	$1.6M	5x	as long as short
Reya EIGENRUSDPERP	+0.0515%	1h	0.2446	−0.099%	$854	—	15x	as long as short