EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0468%/8h= +51.3% APRnext payment +$0.59 per $10,000 · paid last 24h +0.193%

Price spread now: GMX against Nado−0.175%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 GMX

What this pair did over the last

the charts below follow

Funding, last 4 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. GMX is 0.175% cheaper against Nado than usual: you would sell low and buy high (spread −0.175% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 30 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado EIGEN-PERP	0.2367	0.0100	pay 0.0012% / 1h	32m 10s	$36K	$20K	3x
Short	GMX EIGEN/USD [ETH-USDC]	0.2363	L +0.0195% / S −0.0568%	get 0.0071% / 1h	32m 10s	$2K	—	100x

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

Position, each leg$Hold fordaysFee NadobpFee GMXbpOrdersPrice spread, now −0.175%Rate

Funding earned: $98.37
Price spread: −0.175% → 0.000%: −$17.49
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $61.88
Costs to cover: 0.190%
Break-even: 2.6 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

Leg	Half-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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange EIGENUSD	−0.6416%	1h	0.2327	−1.690%	$789	$5K	10x	as long as short
Bybit EIGENUSDT	−0.0784%	4h	0.2362	−0.211%	$8.9M	$7.4M	50x	as long as short
Deribit EIGEN_USDC-PERPETUAL	−0.0342%	1h	0.2362	−0.207%	—	$41	10x	as long as short
Kraken Futures PF_EIGENUSD	−0.0079%	1h	0.2365	−0.072%	$158K	$116K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2367	−0.017%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+3.000%	$6	$6	5.5x	as long as short
Gate EIGEN_USDT	+0.0078%	4h	0.2364	−0.127%	$703K	$592K	50x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2367	0.000%	$532K	$497K	5x	as long as short
Nado EIGEN-PERPlong	+0.0100%	1h	0.2367	long leg	$36K	$20K	3x
Hyperliquid EIGEN	+0.0100%	1h	0.2368	+0.042%	$4.4M	$1.8M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EIGENUSDT	+0.0100%	4h	0.2365	−0.079%	$44K	$27K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2362	−0.211%	$8.0M	$20.2M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2361	−0.253%	$1.6M	$4.7M	20x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2361	−0.253%	$8.0M	$2.4M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2362	−0.211%	$2.4M	$9.6M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2363	−0.169%	$1.8M	$1.3M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2361	−0.253%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2376	+0.385%	$218K	$145K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2377	+0.422%	$188K	$2.8M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2377	+0.422%	$35K	$233K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2362	−0.211%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2362	−0.206%	$83K	$696K	10x	as long as short
BloFin EIGEN-USDT	+0.0115%	4h	0.2372	+0.211%	$349K	$112K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]short	L +0.0195% / S −0.0568%	1h	0.2363	−0.175%	$2K	—	100x
Coinbase International EIGEN-PERP-INTX	+0.0504%	1h	0.2364	−0.110%	$38K	$275K	50x	as long as short
Reya EIGENRUSDPERP	+0.0522%	1h	0.2363	−0.180%	$825	—	15x	as long as short