Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.197%
Price spread now: Binance against Lighter−0.415%7-day average −0.251% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days−0.648%−$65 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.415%, 7d avg −0.251%
=Together, before fees−0.577%+ Points / potential airdropLighter: Season 3 · farm board−$58 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: Binance is 0.165% cheaper against Lighter than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.251%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EIGEN | 0.2445 | 0.0096 | pay 0.0012% / 1h | 18m 54s | $557K | $449K | 5x |
| Short | Binance EIGENUSDT | 0.2435 | 0.0100 | get 0.0050% / 4h | 3h 18m | $8.3M | $20.1M | 75x |
Lighter EIGEN
Binance EIGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $0.84
- Price spread: −0.415% → −0.251%
- −$16.5
- Slippage, 4 orders
- −$53.84
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$79.5
- Costs to cover
- 0.638%
- Break-even
- 669.5 days
Slippage from Lighter: live order book, 46 min ago; Binance: live order book, 7 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 Lighter live order book, 46 min ago | 5.73 bp | 14.8 bp −$15 | 75.2 bp −$752 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.04 bp | 17.1 bp −$17 | 41.1 bp −$411 | 255.5 bp −$25.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EIGENUSD | −0.0097% | 1h | 0.2444 | −0.060% | $175K | $74K | 20x | as long as short |
| 01 Exchange EIGENUSD | −0.0088% | 1h | 0.2442 | −0.143% | $828 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2444 | −0.081% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2442 | −0.159% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | −0.307% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGENlong | +0.0096% | 1h | 0.2445 | long leg | $557K | $449K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2443 | −0.082% | $32K | $18K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2440 | −0.212% | $48K | $37K | 5x | as long as short |
| Binance EIGENUSDTshort | +0.0100% | 4h | 0.2435 | −0.415% | $8.3M | $20.1M | 75x | |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2435 | −0.433% | $9.7M | $7.5M | 50x | as long as short |
Kraken Futures PF_EIGENUSD
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Aster EIGENUSDT
Bybit 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 | 0.2433 | −0.511% | $1.7M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2434 | −0.470% | $756K | $587K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2437 | −0.348% | $8.7M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2436 | −0.388% | $2.4M | $10.5M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2437 | −0.348% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2436 | −0.388% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2442 | −0.160% | $206K | $121K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2442 | −0.143% | $190K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2442 | −0.143% | $36K | $238K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2442 | −0.143% | $580 | $3K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2435 | −0.449% | $93K | $644K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2442 | −0.143% | $54K | $176K | 50x | as long as short |
| BloFin EIGEN-USDT | +0.0157% | 4h | 0.2435 | −0.429% | $354K | $131K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2443 | −0.099% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0204% | 1h | 0.2444 | −0.061% | $4.8M | $1.6M | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0515% | 1h | 0.2444 | −0.078% | $853 | — | 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
Coinbase International EIGEN-PERP-INTX
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Reya EIGENRUSDPERP