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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.174%
Price spread now: BingX against Lighter−0.092%7-day average −0.227% · you buy dearer than you sell
Net, funding: paid 7d − costs−$390as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$3273.268% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.632%−$63 on $10k
Price spread, last 4 days (all we have)−0.516%−$52 · spread now −0.092%, 7d avg −0.227%
Together, before fees−1.149%+ Points / potential airdropLighter: Season 3 · farm board−$115 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: BingX is 0.135% dearer against Lighter than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.227%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EIGEN0.23990.0096pay 0.0012% / 1h53m 17s$539K$504K5x
ShortBingX EIGEN-USDC0.23970.0100get 0.0050% / 4h53m 17s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Lighter. 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: −0.092% → −0.227%
$13.52
Slippage, 4 orders
−$316.76
Fee Lighter: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$312.4
Costs to cover
3.268%
Break-even
2610.3 days
Slippage from Lighter: live order book, 62 min ago; BingX: live order book, 12 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 Lighter live order book, 62 min ago25.93 bp40.1 bp −$4078.9 bp −$789doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago4.20 bp118.7 bp −$119doesn't fitdoesn'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−0.0046%4h0.2394−0.217%$9.3M$7.4M50xas long as short
01 Exchange EIGENUSD−0.0016%1h0.2396−0.133%$812$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2396−0.133%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2396−0.121%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.617%$6$65.5xas long as short
Lighter EIGENlong+0.0096%1h0.2399long leg$539K$504K5x
Nado EIGEN-PERP+0.0100%1h0.2395−0.154%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2400+0.033%$4.7M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2396−0.147%$44K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2395−0.175%$8.3M$20.3M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2395−0.175%$1.6M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2397−0.092%$732K$569K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2395−0.175%$8.1M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2395−0.175%$2.4M$10.2M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2396−0.133%$1.9M$1.5M75xas long as short
BingX EIGEN-USDCshort+0.0100%4h0.2397−0.092%$6.5M
Variational Omni EIGEN+0.0100%4h0.2403+0.142%$195K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2394−0.234%$186K$2.3M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2392−0.300%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2396−0.133%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2395−0.190%$90K$637K10xas long as short
BloFin EIGEN-USDT+0.0133%4h0.2394−0.217%$354K$117K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2396−0.151%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0280%1h0.2398−0.054%$40K$248K50xas long as short
Kraken Futures PF_EIGENUSD+0.0473%1h0.2397−0.106%$163K$104K20xas long as short
Reya EIGENRUSDPERP+0.0517%1h0.2395−0.164%$83615xas long as short