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

EIGEN

all EIGEN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.226%
Price spread now: Lighter against Gate+0.171%7-day average +0.257% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1131.135% 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)+0.338%+$34 · spread now +0.171%, 7d avg +0.257%
Together, before fees+0.967%+ Points / potential airdropLighter: Season 3 · farm board+$97 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.086% cheaper against Gate than usual: you would sell low and buy high (spread +0.171% now, against its 7-day average of +0.257%). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.629% in total) that is about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EIGEN_USDT0.23940.0100pay 0.0050% / 4h2h 12m$716K$673K50x
ShortLighter EIGEN0.23980.0192get 0.0024% / 1h12m 45s$549K$416K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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
$19.32
Price spread: +0.171% → +0.257%
−$8.59
Slippage, 4 orders
−$98.46
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter: 0 bp × 2 orders
$0
Net
−$102.73
Costs to cover
1.135%
Break-even
44.2 days
Slippage from Gate: live order book, 9 min ago; Lighter: live order book, 3 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 Gate live order book, 9 min ago8.29 bp34.5 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 3 min ago15.75 bp27.0 bp −$2773.4 bp −$734doesn'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
Deribit EIGEN_USDC-PERPETUAL−0.0583%1h0.2399+0.188%$8610xas long as short
dYdX EIGEN-USD0.0000%1h0.2396+0.078%$3K5xas long as short
01 Exchange EIGENUSD0.0000%1h0.2401+0.292%$814$5K10xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.838%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2402+0.355%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2395+0.061%$46K$26K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2391−0.125%$8.2M$20.1M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2392−0.079%$9.6M$8.0M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2391−0.125%$1.6M$5.0M20xas long as short
Gate EIGEN_USDTlong+0.0100%4h0.2394long leg$716K$673K50x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2392−0.084%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2395+0.042%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2392−0.084%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2397+0.125%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2408+0.580%$203K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2412+0.758%$188K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2408+0.585%$35K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2399+0.209%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2393−0.044%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2415+0.886%$42K$161K50xas long as short
BloFin EIGEN-USDT+0.0145%4h0.2404+0.418%$350K$136K75xas long as short
Lighter EIGENshort+0.0192%1h0.2398+0.171%$549K$416K5x
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2402+0.346%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2402+0.328%$173K$68K20xas long as short
Hyperliquid EIGEN+0.0350%1h0.2397+0.125%$4.7M$1.5M5xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2402+0.326%$83815xas long as short