Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.194%
Price spread now: Lighter against Bybit+0.242%7-day average +0.274% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$780.783% of the position
Funding, last 7 days+0.799%+$80 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.242%, 7d avg +0.274%
=Together, before fees+0.869%+ Points / potential airdropLighter: Season 3 · farm board+$87 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 0.032% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.274%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EIGENUSDT | 0.2399 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $9.3M | $7.1M | 50x |
| Short | Lighter EIGEN | 0.2405 | 0.0096 | get 0.0012% / 1h | 32m 09s | $540K | $501K | 5x |
Bybit EIGENUSDT
Lighter EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: +0.242% → +0.274%
- −$3.24
- Slippage, 4 orders
- −$67.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$82.4
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Lighter: live order book, 13 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 Bybit live order book, 1 min ago | 2.09 bp | 23.8 bp −$24 | 57.6 bp −$576 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 13 min ago | 12.23 bp | 15.4 bp −$15 | 72.9 bp −$729 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2399 | −0.017% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.626% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGENshort | +0.0096% | 1h | 0.2405 | +0.242% | $540K | $501K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2399 | −0.021% | $36K | $20K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2401 | +0.075% | $45K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2400 | +0.051% | $8.3M | $19.7M | 75x | as long as short |
| Bybit EIGENUSDTlong | +0.0100% | 4h | 0.2399 | long leg | $9.3M | $7.1M | 50x | |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2399 | 0.000% | $1.6M | $4.8M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2396 | −0.125% | $726K | $568K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2400 | +0.042% | $8.1M | $2.3M | 125x | as long as short |
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2401 | +0.083% | $2.4M | $10.0M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2398 | −0.042% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2399 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2397 | −0.080% | $214K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2399 | −0.020% | $193K | $2.4M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2399 | 0.000% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2401 | +0.083% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2400 | +0.040% | $88K | $642K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0108% | 1h | 0.2400 | +0.062% | $164K | $104K | 20x | as long as short |
| 01 Exchange EIGENUSD | +0.0128% | 1h | 0.2400 | +0.042% | $814 | $5K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0133% | 4h | 0.2401 | +0.083% | $355K | $115K | 75x | as long as short |
| Hyperliquid EIGEN | +0.0159% | 1h | 0.2404 | +0.208% | $4.6M | $1.7M | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | +0.0167% | 1h | 0.2401 | +0.063% | — | $41 | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2399 | +0.018% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0312% | 1h | 0.2402 | +0.113% | $39K | $254K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2399 | +0.015% | $838 | — | 15x | as long as short |
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Kraken Futures PF_EIGENUSD
01 Exchange EIGENUSD
BloFin EIGEN-USDT
Hyperliquid EIGEN
Deribit EIGEN_USDC-PERPETUAL
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP