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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.120%
Price spread now: Lighter against BloFin+0.089%7-day average +0.245% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$680.679% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.200%+$20 on $10k
Price spread, last 4 days (all we have)+0.126%+$13 · spread now +0.089%, 7d avg +0.245%
Together, before fees+0.326%+ Points / potential airdropLighter: Season 3 · farm board+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.156% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.245%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.200%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EIGEN-USDT0.23670.0128pay 0.0064% / 4h2h 22m$350K$113K75x
ShortLighter EIGEN0.23690.0096get 0.0012% / 1h22m 42s$532K$507K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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
−$6.72
Price spread: +0.089% → +0.245%
−$15.63
Slippage, 4 orders
−$55.93
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$90.27
Costs to cover
0.679%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Lighter: live order book, 18 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 BloFin live order book, 2 min ago6.34 bp13.8 bp −$1435.7 bp −$357doesn't fitdoesn't fit
Sell Lighter live order book, 18 min ago12.64 bp12.7 bp −$1373.5 bp −$735doesn'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
Bybit EIGENUSDT−0.0409%4h0.2367−0.004%$9.1M$7.2M50xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0088%1h0.2363−0.156%$4110xas long as short
01 Exchange EIGENUSD−0.0056%1h0.2365−0.084%$802$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2367−0.016%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+3.000%$6$65.5xas long as short
Gate EIGEN_USDT+0.0072%4h0.2364−0.127%$710K$579K50xas long as short
Lighter EIGENshort+0.0096%1h0.2369+0.089%$532K$507K5x
Nado EIGEN-PERP+0.0100%1h0.2367+0.021%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2371+0.169%$4.5M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2366−0.060%$44K$26K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2367+0.012%$8.0M$19.8M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.23670.000%$1.6M$4.7M20xas long as short
MEXC EIGEN_USDT+0.0100%4h0.23670.000%$7.8M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.23670.000%$2.4M$9.9M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2364−0.127%$1.8M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2365−0.084%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2363−0.185%$211K$134Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2369+0.072%$181K$2.5M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2368+0.042%$34K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2364−0.127%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2366−0.026%$88K$726K10xas long as short
BloFin EIGEN-USDTlong+0.0128%4h0.2367long leg$350K$113K75x
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2363−0.186%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0328%1h0.2364−0.115%$158K$111K20xas long as short
Coinbase International EIGEN-PERP-INTX+0.0360%1h0.2366−0.063%$41K$265K50xas long as short
Reya EIGENRUSDPERP+0.0520%1h0.2365−0.103%$82515xas long as short