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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −11.0% APRnext payment $0.13 per $10,000 · paid last 24h −0.012%
Price spread now: Nado against Coinbase International−0.211%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.211% cheaper against Coinbase International than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EIGEN-PERP-INTX0.24120.0200pay 0.0025% / 1h18m 19s$42K$159K50x
ShortNado EIGEN-PERP0.24060.0100get 0.0012% / 1h18m 19s$28K$17K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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
−$21
Price spread: −0.211% → 0.000%
−$21.15
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$59.15
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 64 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 64 min ago0.21 bp31.6 bp −$32doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange EIGENUSD−0.0112%1h0.2406−0.232%$816$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2407−0.205%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2406−0.253%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.095%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0044%4h0.2409−0.108%$347K$133K75xas long as short
Lighter EIGEN+0.0096%1h0.2407−0.178%$541K$431K5xas long as short
Nado EIGEN-PERPshort+0.0100%1h0.2406−0.211%$28K$17K3x
Hyperliquid EIGEN+0.0100%1h0.2411−0.025%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2407−0.199%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2405−0.285%$8.2M$20.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2404−0.315%$9.6M$7.8M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2406−0.232%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2404−0.315%$720K$638K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2405−0.274%$9.0M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2406−0.232%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2405−0.274%$1.9M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2405−0.274%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2409−0.100%$201K$132Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2410−0.066%$185K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2410−0.066%$35K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2406−0.232%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2406−0.244%$91K$496K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2406−0.240%$2K100xas long as short
Coinbase International EIGEN-PERP-INTXlong+0.0200%1h0.2412long leg$42K$159K50x
Reya EIGENRUSDPERP+0.0513%1h0.2406−0.220%$84015xas long as short
Kraken Futures PF_EIGENUSD+0.0682%1h0.2407−0.188%$174K$68K20xas long as short