Funding you earn now, next payment 07:00 UTC+0.0392%/8h= +42.9% APRnext payment +$0.49 per $10,000 · paid last 24h −0.122%
Price spread now: Coinbase International against Lighter−0.173%7-day average −0.194% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1561.559% of the position
Funding, last 7 days−0.667%−$67 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.173%, 7d avg −0.194%
=Together, before fees−0.682%+ Points / potential airdropLighter: Season 3 · farm board−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.021% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.194%. Mind the row above: over the last 7 days funding on this pair cost −0.667%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EIGEN | 0.2372 | 0.0096 | pay 0.0012% / 1h | 58m 48s | $533K | $500K | 5x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2368 | 0.0488 | get 0.0061% / 1h | 58m 48s | $38K | $268K | 50x |
Lighter EIGEN
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $82.32
- Price spread: −0.173% → −0.194%
- $2.13
- Slippage, 4 orders
- −$145.85
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$71.4
- Costs to cover
- 1.559%
- Break-even
- 13.1 days
Slippage from Lighter: live order book, 36 min ago; Coinbase International: live order book, 44 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, 36 min ago | 12.85 bp | 16.5 bp −$16 | 64.6 bp −$646 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 44 min ago | 9.66 bp | 41.0 bp −$41 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | −0.0161% | 4h | 0.2358 | −0.599% | $9.0M | $7.3M | 50x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0104% | 1h | 0.2368 | −0.166% | $158K | $116K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2373 | +0.015% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | 0.0000% | 1h | 0.2369 | −0.135% | $803 | $5K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2369 | −0.152% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.774% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0048% | 4h | 0.2370 | −0.093% | $347K | $113K | 75x | as long as short |
| Lighter EIGENlong | +0.0096% | 1h | 0.2372 | long leg | $533K | $500K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2370 | −0.072% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2365 | −0.304% | $4.5M | $1.7M | 5x | as long as short |
Bybit EIGENUSDT
Kraken Futures PF_EIGENUSD
dYdX EIGEN-USD
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin 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 | 0.2360 | −0.524% | $44K | $26K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2360 | −0.514% | $8.0M | $20.0M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2359 | −0.556% | $1.6M | $4.7M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2358 | −0.599% | $699K | $596K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2358 | −0.599% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2358 | −0.599% | $2.4M | $9.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2360 | −0.514% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2360 | −0.514% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2368 | −0.173% | $208K | $138K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2372 | −0.008% | $189K | $2.7M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2371 | −0.051% | $35K | $232K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2369 | −0.135% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2358 | −0.582% | $87K | $698K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2369 | −0.150% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0488% | 1h | 0.2368 | −0.173% | $38K | $268K | 50x | |
| Reya EIGENRUSDPERP | +0.0521% | 1h | 0.2370 | −0.111% | $827 | — | 15x | as long as short |
Aster EIGENUSDT
Binance EIGENUSDT
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
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP