Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.197%
Price spread now: Lighter against Binance+0.330%7-day average +0.251% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$640.636% of the position
Funding, last 7 days+0.648%+$65 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.330%, 7d avg +0.251%
=Together, before fees+0.663%+ Points / potential airdropLighter: Season 3 · farm board+$66 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.079% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.251%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EIGENUSDT | 0.2431 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $8.3M | $20.2M | 75x |
| Short | Lighter EIGEN | 0.2439 | 0.0096 | get 0.0012% / 1h | 41m 46s | $555K | $449K | 5x |
Binance EIGENUSDT
Lighter EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.330% → +0.251%
- $7.95
- Slippage, 4 orders
- −$53.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$56.54
- Costs to cover
- 0.636%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Lighter: live order book, 24 min ago.
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 Binance live order book, 14 min ago | 2.06 bp | 14.1 bp −$14 | 39.2 bp −$392 | 1285.3 bp −$128.5K | doesn't fit |
| Sell Lighter live order book, 24 min ago | 5.73 bp | 19.4 bp −$19 | 67.2 bp −$672 | doesn't fit | doesn't fit |
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 | −0.0207% | 4h | 0.2432 | +0.059% | $9.7M | $7.7M | 50x | as long as short |
| 01 Exchange EIGENUSD | −0.0144% | 1h | 0.2435 | +0.161% | $826 | $5K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0097% | 1h | 0.2441 | +0.394% | $175K | $74K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2434 | +0.102% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2436 | +0.215% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.285% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGENshort | +0.0096% | 1h | 0.2439 | +0.330% | $555K | $449K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2438 | +0.285% | $32K | $18K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2438 | +0.285% | $4.8M | $1.6M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2434 | +0.107% | $47K | $35K | 5x | as long as short |
Bybit EIGENUSDT
01 Exchange EIGENUSD
Kraken Futures PF_EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDTlong | +0.0100% | 4h | 0.2431 | long leg | $8.3M | $20.2M | 75x | |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2433 | +0.079% | $1.7M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2434 | +0.120% | $734K | $565K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2433 | +0.079% | $8.6M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2434 | +0.120% | $2.4M | $10.5M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2431 | −0.003% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2433 | +0.079% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2430 | −0.060% | $202K | $125K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2430 | −0.044% | $193K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2430 | −0.044% | $36K | $237K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2436 | +0.202% | $579 | $3K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2431 | −0.003% | $89K | $639K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0105% | 4h | 0.2430 | −0.044% | $354K | $134K | 75x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2437 | +0.240% | $55K | $176K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2437 | +0.253% | $2K | — | 100x | as long as short |
| Reya EIGENRUSDPERP | +0.0514% | 1h | 0.2437 | +0.226% | $851 | — | 15x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP