EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0345%/8h= +37.8% APRnext payment +$0.43 per $10,000 · paid last 24h +0.035%

Price spread now: Nado against Deribit−0.078%46s7-day average — · you buy dearer than you sell

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

Long on Deribit 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 0.078% cheaper against Deribit than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$10 a day). The two prices were read 46 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	Deribit EIGEN_USDC-PERPETUAL	0.2421	−0.0245	get 0.0031% / 1h	25m 26s	—	$86	10x
Short	Nado EIGEN-PERP	0.2419	0.0100	get 0.0012% / 1h	25m 26s	$32K	$18K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Deribit. 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 DeribitbpFee NadobpOrdersPrice spread, now −0.078%Rate

Funding earned: $72.52
Price spread: −0.078% → 0.000%: −$7.85
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $50.67
Costs to cover: 0.140%
Break-even: 2.1 days

Slippage unknown: Deribit: 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 Deribit no order-book sample	—	—	—	—	—
Sell Nado no order-book sample	—	—	—	—	—

Deribit 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
Deribit EIGEN_USDC-PERPETUALlong	−0.0245%	1h	0.2421	long leg	—	$86	10x
01 Exchange EIGENUSD	−0.0104%	1h	0.2418	−0.140%	$820	$5K	10x	as long as short
Kraken Futures PF_EIGENUSD	−0.0016%	1h	0.2421	−0.005%	$174K	$69K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2421	−0.029%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+0.686%	$6	$6	5.5x	as long as short
Bybit EIGENUSDT	+0.0049%	4h	0.2420	−0.058%	$9.7M	$7.7M	50x	as long as short
Nado EIGEN-PERPshort	+0.0100%	1h	0.2419	−0.078%	$32K	$18K	3x
Aster EIGENUSDT	+0.0100%	4h	0.2422	+0.037%	$46K	$30K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2418	−0.157%	$8.2M	$20.1M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2420	−0.058%	$1.6M	$5.0M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDT	+0.0100%	4h	0.2421	−0.017%	$732K	$642K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2418	−0.140%	$8.5M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2419	−0.099%	$2.3M	$10.5M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2418	−0.140%	$1.9M	$1.3M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2420	−0.058%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2429	+0.323%	$202K	$125K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2429	+0.321%	$189K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2430	+0.355%	$36K	$237K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2421	−0.017%	$2K	$1K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2418	−0.154%	$92K	$496K	10x	as long as short
BloFin EIGEN-USDT	+0.0139%	4h	0.2428	+0.273%	$353K	$134K	75x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0160%	1h	0.2420	−0.070%	$42K	$158K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2421	−0.022%	$2K	—	100x	as long as short
Hyperliquid EIGEN	+0.0426%	1h	0.2426	+0.190%	$4.8M	$1.6M	5x	as long as short
Reya EIGENRUSDPERP	+0.0514%	1h	0.2420	−0.070%	$845	—	15x	as long as short
Lighter EIGEN	+0.0528%	1h	0.2424	+0.091%	$558K	$443K	5x	as long as short