EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.042%

Price spread now: Nado against Injective−1.251%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 1.251% cheaper against Injective than usual: you would sell low and buy high (spread −1.251% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$125 on $10k: about 2 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	13m 39s	$6	$6	5.5x
Short	Nado EIGEN-PERP	0.2407	0.0100	get 0.0012% / 1h	13m 39s	$28K	$17K	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 −1.251%Rate

Funding earned: $14
Price spread: −1.251% → 0.000%: −$125.1
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: −$118.12
Costs to cover: 0.070%
Break-even: 66.1 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	−0.0112%	1h	0.2402	−1.477%	$814	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2407	−1.284%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2408	−1.222%	—	$86	10x	as long as short
Injective EIGEN/USDC PERPlong	+0.0033%	1h	0.2438	long leg	$6	$6	5.5x
Lighter EIGEN	+0.0096%	1h	0.2408	−1.239%	$541K	$431K	5x	as long as short
Nado EIGEN-PERPshort	+0.0100%	1h	0.2407	−1.251%	$28K	$17K	3x
Hyperliquid EIGEN	+0.0100%	1h	0.2412	−1.066%	$4.7M	$1.5M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2408	−1.215%	$44K	$29K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2405	−1.364%	$8.2M	$20.0M	75x	as long as short
Bybit EIGENUSDT	+0.0100%	4h	0.2404	−1.374%	$9.6M	$7.8M	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	0.2405	−1.354%	$1.6M	$4.9M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2404	−1.395%	$720K	$639K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2404	−1.395%	$8.6M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2406	−1.313%	$2.3M	$10.6M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2405	−1.354%	$1.8M	$1.3M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2403	−1.436%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2404	−1.386%	$200K	$132K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2405	−1.367%	$185K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2405	−1.354%	$35K	$236K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2409	−1.189%	$2K	$1K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2404	−1.395%	$91K	$496K	10x	as long as short
BloFin EIGEN-USDT	+0.0138%	4h	0.2404	−1.395%	$347K	$133K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2408	−1.251%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0200%	1h	0.2412	−1.083%	$42K	$159K	50x	as long as short
Reya EIGENRUSDPERP	+0.0513%	1h	0.2408	−1.248%	$840	—	15x	as long as short
Kraken Futures PF_EIGENUSD	+0.0681%	1h	0.2410	−1.141%	$174K	$68K	20x	as long as short