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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0468%/8h= +51.3% APRnext payment +$0.59 per $10,000 · paid last 24h +0.279%
Price spread now: GMX against Nado+0.011%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado EIGEN-PERP0.24240.0100pay 0.0012% / 1h19m 16s$32K$18K3x
ShortGMX EIGEN/USD [ETH-USDC]0.2425L +0.0195% / S −0.0568%get 0.0071% / 1h19m 16s$2K100x

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

Funding earned
$98.37
Price spread: +0.011% → 0.000%
$1.07
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$80.44
Costs to cover
0.190%
Break-even
1.3 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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit EIGEN_USDC-PERPETUAL−0.0286%1h0.2423−0.066%$8610xas long as short
01 Exchange EIGENUSD−0.0112%1h0.2422−0.103%$821$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2426+0.065%$175K$69K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2426+0.074%$3K5xas long as short
Bybit EIGENUSDT+0.0006%4h0.2423−0.062%$9.7M$7.7M50xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.557%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0043%4h0.2426+0.062%$352K$134K75xas long as short
Nado EIGEN-PERPlong+0.0100%1h0.2424long leg$32K$18K3x
Aster EIGENUSDT+0.0100%4h0.2426+0.063%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2422−0.103%$8.2M$20.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2421−0.144%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2422−0.103%$732K$643K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2423−0.062%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2425+0.021%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2425+0.021%$1.9M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2423−0.062%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2426+0.069%$202K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2422−0.123%$188K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2423−0.062%$36K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2424−0.021%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2423−0.072%$92K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2428+0.140%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]shortL +0.0195% / S −0.0568%1h0.2425+0.011%$2K100x
Hyperliquid EIGEN+0.0455%1h0.2430+0.227%$4.8M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2423−0.051%$84615xas long as short
Lighter EIGEN+0.0528%1h0.2428+0.140%$559K$443K5xas long as short