EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0412%/8h= +45.2% APRnext payment +$0.52 per $10,000 · paid last 24h +0.120%

Price spread now: Reya against Nado−0.041%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 Reya

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 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.041% cheaper against Nado than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado EIGEN-PERP	0.2397	0.0100	pay 0.0012% / 1h	46m 02s	$28K	$17K	3x
Short	Reya EIGENRUSDPERP	0.2397	0.0512	get 0.0064% / 1h	46m 02s	$837	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.041%Rate

Funding earned: $86.61
Price spread: −0.041% → 0.000%: −$4.12
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $69.49
Costs to cover: 0.130%
Break-even: 1.4 days

Slippage unknown: Nado: no order-book sample; Reya: 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 Reya no order-book sample	—	—	—	—	—

Nado and Reya: 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	−0.0096%	1h	0.2395	−0.104%	$812	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2396	−0.072%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2398	+0.033%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.689%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0053%	4h	0.2393	−0.188%	$345K	$137K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2401	+0.163%	$540K	$431K	5x	as long as short
Nado EIGEN-PERPlong	+0.0100%	1h	0.2397	long leg	$28K	$17K	3x
Hyperliquid EIGEN	+0.0100%	1h	0.2403	+0.229%	$4.7M	$1.5M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2399	+0.056%	$44K	$29K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2399	+0.052%	$8.1M	$20.1M	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	0.2399	+0.079%	$9.6M	$7.9M	50x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2398	+0.021%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2395	−0.104%	$718K	$635K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2398	+0.021%	$8.6M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2399	+0.063%	$2.3M	$10.8M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2398	+0.021%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2398	+0.021%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2393	−0.175%	$200K	$154K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2392	−0.244%	$184K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2390	−0.313%	$35K	$236K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2398	+0.021%	$2K	$1K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2399	+0.058%	$90K	$496K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2397	−0.022%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0200%	1h	0.2400	+0.088%	$42K	$159K	50x	as long as short
Reya EIGENRUSDPERPshort	+0.0512%	1h	0.2397	−0.041%	$837	—	15x
Kraken Futures PF_EIGENUSD	+0.0683%	1h	0.2402	+0.190%	$173K	$67K	20x	as long as short