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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.184%
Price spread now: Lighter against KuCoin+0.279%7-day average +0.245% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2032.031% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.687%+$69 on $10k
Price spread, last 4 days (all we have)+0.416%+$42 · spread now +0.279%, 7d avg +0.245%
Together, before fees+1.103%+ Points / potential airdropLighter: Season 3 · farm board+$110 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.034% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.245%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EIGENUSDTM0.24030.0100pay 0.0050% / 4h1h 34m$2.4M$10.3M50x
ShortLighter EIGEN0.24100.0096get 0.0012% / 1h34m 33s$541K$504K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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
−$0.84
Price spread: +0.279% → +0.245%
$3.36
Slippage, 4 orders
−$191.12
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$200.59
Costs to cover
2.031%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Lighter: live order book, 21 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 KuCoin live order book, 4 min ago2.09 bp82.0 bp −$821002.0 bp −$10.0Kdoesn't fitdoesn't fit
Sell Lighter live order book, 21 min ago25.93 bp54.4 bp −$5495.3 bp −$953doesn'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
Bybit EIGENUSDT−0.0125%4h0.2407+0.146%$9.4M$7.6M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2405+0.083%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.457%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0056%1h0.2406+0.125%$816$5K10xas long as short
Lighter EIGENshort+0.0096%1h0.2410+0.279%$541K$504K5x
Nado EIGEN-PERP+0.0100%1h0.2407+0.166%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2405+0.068%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2406+0.116%$8.3M$20.5M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2407+0.166%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2402−0.042%$736K$591K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2406+0.125%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTMlong+0.0100%4h0.2403long leg$2.4M$10.3M50x
Bitget EIGENUSDT+0.0100%4h0.2404+0.042%$1.9M$1.5M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2406+0.125%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2404+0.022%$194K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2401−0.077%$195K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2401−0.083%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2408+0.208%$1K$4K10xas long as short
BloFin EIGEN-USDT+0.0102%4h0.2408+0.208%$356K$119K75xas long as short
Extended EIGEN-USD+0.0104%1h0.2404+0.058%$92K$642K10xas long as short
Deribit EIGEN_USDC-PERPETUAL+0.0165%1h0.2409+0.270%$4110xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2406+0.134%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2406+0.108%$40K$243K50xas long as short
Hyperliquid EIGEN+0.0273%1h0.2412+0.375%$4.7M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0516%1h0.2408+0.210%$84115xas long as short
Kraken Futures PF_EIGENUSD+0.0572%1h0.2411+0.326%$166K$99K20xas long as short