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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.227%
Price spread now: Lighter against dYdX+0.604%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 5 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 +$3 a day on $10k at the current rate, and Lighter is 0.604% dearer against dYdX than usual: you sell high and buy low: +$60 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX EIGEN-USD0.24500get 0.0000% / 1h15m 09s$3K5x
ShortLighter EIGEN0.24640.0096get 0.0012% / 1h15m 09s$561K$449K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against dYdX. 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
$20.16
Price spread: +0.604% → 0.000%
$60.38
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$70.54
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 50 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 dYdX no order-book sample
Sell Lighter live order book, 50 min ago5.73 bp19.4 bp −$1967.2 bp −$672doesn't fitdoesn't fit
dYdX: 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
Kraken Futures PF_EIGENUSD−0.0096%1h0.2461+0.486%$176K$74K20xas long as short
01 Exchange EIGENUSD−0.0080%1h0.2453+0.142%$832$5K10xas long as short
dYdX EIGEN-USDlong0.0000%1h0.2450long leg$3K5x
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2458+0.343%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.470%$6$65.5xas long as short
Lighter EIGENshort+0.0096%1h0.2464+0.604%$561K$449K5x
Nado EIGEN-PERP+0.0100%1h0.2456+0.285%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2456+0.258%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2457+0.293%$8.4M$20.2M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2456+0.269%$9.8M$7.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2455+0.224%$1.7M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2453+0.142%$762K$588K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2457+0.306%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2456+0.265%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2456+0.265%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2456+0.265%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2446−0.138%$203K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2440−0.388%$192K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2443−0.266%$36K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2457+0.306%$584$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2456+0.277%$93K$640K10xas long as short
BloFin EIGEN-USDT+0.0134%4h0.2446−0.143%$356K$128K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2449−0.009%$54K$176K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2457+0.310%$2K100xas long as short
Hyperliquid EIGEN+0.0243%1h0.2464+0.592%$4.9M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2457+0.321%$85815xas long as short