Funding you earn now, next payment 06:00 UTC−0.0228%/8h= −25.0% APRnext payment −$0.29 per $10,000 · paid last 24h −0.017%
Price spread now: Lighter against Kraken Futures+0.150%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1041.037% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now +0.150%, 7d avg +0.158%
=Together, before fees+0.365%+ Points / potential airdropLighter: Season 3 · farm board+$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.158%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.234%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EIGENUSD | 0.2394 | 0.0324 | pay 0.0041% / 1h | 57m 10s | $160K | $109K | 20x |
| Short | Lighter EIGEN | 0.2398 | 0.0096 | get 0.0012% / 1h | 57m 10s | $539K | $507K | 5x |
Kraken Futures PF_EIGENUSD
Lighter EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Kraken Futures. 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
- −$47.91
- Price spread: +0.150% → +0.158%
- −$0.85
- Slippage, 4 orders
- −$93.66
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$152.42
- Costs to cover
- 1.037%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 55 min ago; Lighter: live order book, 48 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 Kraken Futures live order book, 55 min ago | 12.38 bp | 25.7 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 48 min ago | 12.23 bp | 15.4 bp −$15 | 72.9 bp −$729 | 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 | −0.0104% | 1h | 0.2390 | −0.172% | $810 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2387 | −0.314% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | +0.0001% | 1h | 0.2394 | −0.009% | — | $41 | 10x | as long as short |
| Bybit EIGENUSDT | +0.0022% | 4h | 0.2393 | −0.047% | $9.3M | $7.1M | 50x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.833% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGENshort | +0.0096% | 1h | 0.2398 | +0.150% | $539K | $507K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2392 | −0.088% | $37K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2396 | +0.079% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2391 | −0.131% | $44K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2393 | −0.045% | $8.2M | $19.7M | 75x | as long as short |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Bybit EIGENUSDT
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2391 | −0.130% | $1.6M | $4.8M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2390 | −0.172% | $718K | $567K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2393 | −0.047% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2390 | −0.172% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2390 | −0.172% | $1.8M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2388 | −0.255% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2379 | −0.649% | $213K | $135K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2379 | −0.631% | $192K | $2.4M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2383 | −0.464% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2394 | −0.005% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2392 | −0.093% | $91K | $729K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0134% | 4h | 0.2392 | −0.088% | $356K | $115K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2393 | −0.060% | $2K | — | 100x | as long as short |
| Kraken Futures PF_EIGENUSDlong | +0.0324% | 1h | 0.2394 | long leg | $160K | $109K | 20x | |
| Coinbase International EIGEN-PERP-INTX | +0.0360% | 1h | 0.2394 | +0.016% | $41K | $265K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0519% | 1h | 0.2392 | −0.097% | $835 | — | 15x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP