Funding you earn now, next payment 22:00 UTC+0.0428%/8h= +46.9% APRpaid last 24h +0.246%
Price spread now: Lighter against GRVT−0.254%78s7-day average +0.231% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1181.178% of the position
Funding, last 7 days+0.649%+$65 on $10k
+Price spread, last 3 days (all we have)+0.304%+$30 · spread now −0.254%, 7d avg +0.231%
=Together, before fees+0.953%+ Points / potential airdropGRVT: Active · Lighter: Season 3 · farm board+$95 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.485% cheaper against GRVT than usual: you would sell low and buy high (spread −0.254% now, against its 7-day average of +0.231%). If the spread goes back, that is −$48 on $10k: about 3.8 days of funding at the current rate (+$13 a day). The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT EIGEN_USDT_Perp | 0.2405 | 0.0100 | pay 0.0050% / 4h | 2h 51m | $188K | $2.1M | 10x |
| Short | Lighter EIGEN | 0.2399 | 0.0528 | get 0.0066% / 1h | 51m 51s | $577K | $392K | 5x |
GRVT EIGEN_USDT_Perp
Lighter EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GRVT. 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
- $89.88
- Price spread: −0.254% → +0.231%
- −$48.47
- Slippage, 4 orders
- −$108.84
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$76.43
- Costs to cover
- 1.178%
- Break-even
- 13.0 days
Slippage from GRVT: live order book, 2 min ago; Lighter: live order book, 32 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 GRVT live order book, 2 min ago | 2.09 bp | 22.2 bp −$22 | 182.0 bp −$1,820 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 32 min ago | 31.62 bp | 42.0 bp −$42 | 87.3 bp −$873 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange EIGENUSD | −0.0088% | 1h | 0.2395 | −0.399% | $812 | $5K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | −0.0084% | 1h | 0.2394 | −0.453% | — | $86 | 10x | as long as short |
| Bybit EIGENUSDT | −0.0052% | 4h | 0.2392 | −0.524% | $9.5M | $8.1M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2398 | −0.291% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.389% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0085% | 4h | 0.2392 | −0.524% | $349K | $136K | 75x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2396 | −0.358% | $29K | $16K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2395 | −0.384% | $44K | $24K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2391 | −0.563% | $8.2M | $20.2M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2391 | −0.566% | $1.6M | $5.0M | 20x | as long as short |
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Bybit EIGENUSDT
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2393 | −0.482% | $716K | $672K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2392 | −0.524% | $8.3M | $2.2M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2395 | −0.399% | $2.3M | $10.7M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2391 | −0.566% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2391 | −0.566% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2399 | −0.213% | $201K | $152K | — | as long as short |
| GRVT EIGEN_USDT_Perplong | +0.0100% | 4h | 0.2405 | long leg | $188K | $2.1M | 10x | |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2397 | −0.316% | $36K | $234K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2394 | −0.441% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2392 | −0.535% | $90K | $496K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2395 | −0.387% | $42K | $159K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2395 | −0.397% | $2K | — | 100x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0312% | 1h | 0.2399 | −0.242% | $174K | $67K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0511% | 1h | 0.2395 | −0.404% | $836 | — | 15x | as long as short |
| Lighter EIGENshort | +0.0528% | 1h | 0.2399 | −0.254% | $577K | $392K | 5x | |
| Hyperliquid EIGEN | +0.0669% | 1h | 0.2399 | −0.233% | $4.8M | $1.5M | 5x | as long as short |
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP
Hyperliquid EIGEN