Funding you earn now, next payment 06:00 UTC−0.0045%/8h= −5.0% APRpaid last 24h −0.120%
Price spread now: BloFin against Lighter−0.453%60s7-day average −0.245% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as 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−$610.606% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)+0.239%+$24 · spread now −0.453%, 7d avg −0.245%
=Together, before fees+0.039%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.208% cheaper against Lighter than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.245%). Swap the legs. The two prices were read 60 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 | Lighter EIGEN | 0.2382 | 0.0096 | pay 0.0012% / 1h | 37m 59s | $535K | $507K | 5x |
| Short | BloFin EIGEN-USDT | 0.2371 | 0.0051 | get 0.0025% / 4h | 2h 37m | $352K | $113K | 75x |
Lighter EIGEN
BloFin EIGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$9.53
- Price spread: −0.453% → −0.245%
- −$20.84
- Slippage, 4 orders
- −$48.57
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.95
- Costs to cover
- 0.606%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; BloFin: live order book, 52 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, 2 min ago | 12.64 bp | 13.9 bp −$14 | 61.0 bp −$610 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 2.08 bp | 14.7 bp −$15 | 33.9 bp −$339 | 183.6 bp −$18.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | −0.0298% | 4h | 0.2381 | −0.055% | $9.2M | $7.1M | 50x | as long as short |
| 01 Exchange EIGENUSD | −0.0056% | 1h | 0.2376 | −0.244% | $806 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2373 | −0.384% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2378 | −0.176% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.360% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDTshort | +0.0051% | 4h | 0.2371 | −0.453% | $352K | $113K | 75x | |
| Lighter EIGENlong | +0.0096% | 1h | 0.2382 | long leg | $535K | $507K | 5x | |
| Gate EIGEN_USDT | +0.0098% | 4h | 0.2374 | −0.327% | $714K | $572K | 50x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2377 | −0.181% | $37K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2383 | +0.050% | $4.5M | $1.7M | 5x | as long as short |
Bybit EIGENUSDT
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Gate EIGEN_USDT
Nado EIGEN-PERP
Hyperliquid EIGENShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EIGENUSDT | +0.0100% | 4h | 0.2381 | −0.028% | $44K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2382 | −0.007% | $8.1M | $19.8M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2380 | −0.076% | $1.6M | $4.7M | 20x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2381 | −0.034% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2378 | −0.160% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2377 | −0.202% | $1.8M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2377 | −0.202% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2367 | −0.617% | $212K | $135K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2369 | −0.537% | $185K | $2.4M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2370 | −0.495% | $34K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2377 | −0.202% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2378 | −0.144% | $91K | $729K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2377 | −0.217% | $2K | — | 100x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0326% | 1h | 0.2379 | −0.112% | $159K | $110K | 20x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0360% | 1h | 0.2379 | −0.118% | $41K | $264K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0519% | 1h | 0.2377 | −0.210% | $830 | — | 15x | as long as short |
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSD
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP