EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0098%/8h= −10.8% APRnext payment −$0.12 per $10,000 · paid last 24h +0.189%

Price spread now: Lighter against GMX+0.163%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Lighter

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.163% dearer against GMX than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX EIGEN/USD [ETH-USDC]	0.2406	L +0.0194% / S −0.0568%	pay 0.0024% / 1h	42m 27s	$2K	—	100x
Short	Lighter EIGEN	0.2410	0.0096	get 0.0012% / 1h	42m 27s	$541K	$431K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee LighterbpOrdersPrice spread, now +0.163%Rate

Funding earned: −$20.68
Price spread: +0.163% → 0.000%: $16.29
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$16.39
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 33 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 33 min ago	15.75 bp	27.0 bp −$27	73.4 bp −$734	doesn't fit	doesn't fit

GMX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange EIGENUSD	−0.0112%	1h	0.2406	+0.005%	$816	$5K	10x	as long as short
Deribit EIGEN_USDC-PERPETUAL	−0.0082%	1h	0.2406	−0.003%	—	$86	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2409	+0.117%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.335%	$6	$6	5.5x	as long as short
Lighter EIGENshort	+0.0096%	1h	0.2410	+0.163%	$541K	$431K	5x
BloFin EIGEN-USDT	+0.0096%	4h	0.2407	+0.047%	$348K	$138K	75x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2409	+0.109%	$28K	$17K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2414	+0.338%	$4.7M	$1.5M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2408	+0.072%	$44K	$29K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2406	+0.013%	$8.2M	$20.1M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit EIGENUSDT	+0.0100%	4h	0.2406	+0.022%	$9.7M	$7.9M	50x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2406	+0.005%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2407	+0.047%	$721K	$636K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2407	+0.047%	$8.7M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2408	+0.088%	$2.3M	$10.8M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2405	−0.037%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2408	+0.088%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2397	−0.358%	$199K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2400	−0.243%	$191K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2400	−0.244%	$35K	$236K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2406	+0.005%	$2K	$1K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2406	+0.001%	$91K	$496K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]long	L +0.0194% / S −0.0568%	1h	0.2406	long leg	$2K	—	100x
Coinbase International EIGEN-PERP-INTX	+0.0200%	1h	0.2408	+0.076%	$42K	$161K	50x	as long as short
Reya EIGENRUSDPERP	+0.0513%	1h	0.2407	+0.038%	$840	—	15x	as long as short
Kraken Futures PF_EIGENUSD	+0.0681%	1h	0.2409	+0.126%	$174K	$68K	20x	as long as short