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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0696%/8h= +76.2% APRnext payment +$0.87 per $10,000 · paid last 24h +0.262%
Price spread now: Lighter against Deribit+0.213%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Lighter is 0.213% dearer against Deribit than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EIGEN_USDC-PERPETUAL0.23940get 0.0000% / 1h45m 33s$8610x
ShortLighter EIGEN0.23990.0696get 0.0087% / 1h45m 33s$577K$392K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Deribit. 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
$146.16
Price spread: +0.213% → 0.000%
$21.31
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$160.47
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Lighter live order book, 38 min ago31.62 bp42.0 bp −$4287.3 bp −$873doesn't fitdoesn't fit
Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange EIGENUSD−0.0016%1h0.2396+0.104%$812$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2395+0.063%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUALlong0.0000%1h0.2394long leg$8610x
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.859%$6$65.5xas long as short
Bybit EIGENUSDT+0.0065%4h0.2397+0.146%$9.6M$8.0M50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2397+0.167%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2394+0.039%$44K$24K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2397+0.146%$8.2M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2395+0.063%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2393−0.021%$716K$672K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2398+0.188%$8.4M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2394+0.021%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2394+0.021%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2396+0.104%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393−0.041%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2395+0.050%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2397+0.146%$36K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2393−0.021%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2397+0.145%$90K$496K10xas long as short
BloFin EIGEN-USDT+0.0121%4h0.2391−0.104%$350K$135K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2399+0.209%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2393−0.007%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2399+0.222%$174K$67K20xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2396+0.122%$83715xas long as short
Lighter EIGENshort+0.0696%1h0.2399+0.213%$577K$392K5x
Hyperliquid EIGEN+0.0771%1h0.2403+0.397%$4.8M$1.5M5xas long as short