Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against Nado+0.032%48s7-day average — · you sell dearer than you buy

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

Long on Nado Short on Aster

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 · Aster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.032% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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	Nado EIGEN-PERP	0.2396	0.0100	pay 0.0012% / 1h	37m 41s	$36K	$20K	3x
Short	Aster EIGENUSDT	0.2397	0.0100	get 0.0050% / 4h	1h 37m	$44K	$39K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → 0.000%: $3.21
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$11.79
Costs to cover: 0.150%
Break-even: 235252324680537.2 days

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

Nado and Aster: 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
Bybit EIGENUSDT	−0.0132%	4h	0.2396	0.000%	$9.3M	$7.6M	50x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2397	+0.023%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2395	−0.033%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.753%	$6	$6	5.5x	as long as short
01 Exchange EIGENUSD	+0.0048%	1h	0.2395	−0.042%	$812	$5K	10x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2402	+0.230%	$540K	$504K	5x	as long as short
Nado EIGEN-PERPlong	+0.0100%	1h	0.2396	long leg	$36K	$20K	3x
Aster EIGENUSDTshort	+0.0100%	4h	0.2397	+0.032%	$44K	$39K	5x
Binance EIGENUSDT	+0.0100%	4h	0.2396	0.000%	$8.3M	$20.6M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2397	+0.042%	$1.6M	$4.9M	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	0.2394	−0.083%	$733K	$590K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2396	0.000%	$8.2M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2396	0.000%	$2.4M	$10.3M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2396	0.000%	$1.9M	$1.5M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2397	+0.042%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2399	+0.106%	$194K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2406	+0.418%	$182K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2408	+0.501%	$35K	$232K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2396	0.000%	$1K	$4K	10x	as long as short
BloFin EIGEN-USDT	+0.0101%	4h	0.2397	+0.042%	$356K	$118K	75x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2398	+0.069%	$91K	$642K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2395	−0.026%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0208%	1h	0.2397	+0.046%	$40K	$241K	50x	as long as short
Hyperliquid EIGEN	+0.0254%	1h	0.2402	+0.250%	$4.7M	$1.6M	5x	as long as short
Reya EIGENRUSDPERP	+0.0516%	1h	0.2395	−0.029%	$836	—	15x	as long as short
Kraken Futures PF_EIGENUSD	+0.0576%	1h	0.2397	+0.031%	$165K	$99K	20x	as long as short