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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h +0.203%
Price spread now: Lighter against BingX+0.153%7-day average +0.257% · 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−$74as in the Price arb table
costs, in and out, $10k−$630.635% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.629%+$63 on $10k
Price spread, last 4 days (all we have)+0.268%+$27 · spread now +0.153%, 7d avg +0.257%
Together, before fees+0.898%+ Points / potential airdropLighter: Season 3 · farm board+$90 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.104% cheaper against BingX than usual: you would sell low and buy high (spread +0.153% now, against its 7-day average of +0.257%). If the spread goes back, that is −$10 on $10k: about 25 hours of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EIGEN-USDT0.24250.0100pay 0.0050% / 4h9m 22s$1.6M
ShortLighter EIGEN0.24290.0440get 0.0055% / 1h9m 22s$553K$449K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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
$71.4
Price spread: +0.153% → +0.257%
−$10.42
Slippage, 4 orders
−$53.48
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$2.51
Costs to cover
0.635%
Break-even
7.2 days
Slippage from BingX: live order book, 8 min ago; Lighter: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago6.19 bp18.2 bp −$1844.0 bp −$440452.4 bp −$45.2Kdoesn't fit
Sell Lighter live order book, 61 min ago9.35 bp11.8 bp −$1256.9 bp −$569doesn't fitdoesn't fit

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−0.0128%1h0.2422−0.124%$821$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2429+0.171%$175K$69K20xas long as short
Bybit EIGENUSDT−0.0005%4h0.2426+0.041%$9.7M$7.7M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2427+0.065%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2427+0.082%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.536%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0066%4h0.2416−0.371%$351K$133K75xas long as short
Nado EIGEN-PERP+0.0100%1h0.24250.000%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2425−0.006%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.24250.000%$8.3M$20.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2423−0.082%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2424−0.041%$733K$643K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.24250.000%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2426+0.041%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.24250.000%$1.9M$1.4M75xas long as short
BingX EIGEN-USDTlong+0.0100%4h0.2425long leg$1.6M
Variational Omni EIGEN+0.0100%4h0.2415−0.406%$201K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2415−0.409%$188K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2418−0.289%$36K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2426+0.041%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2422−0.104%$92K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2426+0.029%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2427+0.069%$2K100xas long as short
Hyperliquid EIGEN+0.0303%1h0.2431+0.247%$4.8M$1.6M5xas long as short
Lighter EIGENshort+0.0440%1h0.2429+0.153%$553K$449K5x
Reya EIGENRUSDPERP+0.0514%1h0.2425+0.001%$84715xas long as short