Funding you earn now, next payment 00:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.223%
Price spread now: GRVT against Lighter−0.045%48s7-day average −0.229% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as 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−$670.670% of the position
Funding, last 7 days−0.649%−$65 on $10k
+Price spread, last 3 days (all we have)−0.175%−$18 · spread now −0.045%, 7d avg −0.229%
=Together, before fees−0.824%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board−$82 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.184% dearer against Lighter than usual: you sell high and buy low (spread −0.045% now, against its 7-day average of −0.229%): +$18 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 31 hours. The two prices were read 48 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 | 0.2434 | 0.0576 | pay 0.0072% / 1h | 30m 39s | $560K | $443K | 5x |
| Short | GRVT EIGEN_USDT_Perp | 0.2433 | 0.0100 | get 0.0050% / 4h | 30m 39s | $189K | $2.2M | 10x |
Lighter EIGEN
GRVT EIGEN_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$99.96
- Price spread: −0.045% → −0.229%
- $18.43
- Slippage, 4 orders
- −$57.95
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$148.49
- Costs to cover
- 0.670%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 40 min ago; GRVT: live order book, 3 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, 40 min ago | 9.35 bp | 16.4 bp −$16 | 84.6 bp −$846 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 2.06 bp | 18.7 bp −$19 | 59.1 bp −$591 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EIGEN_USDC-PERPETUAL | −0.0202% | 1h | 0.2432 | −0.107% | — | $86 | 10x | as long as short |
| 01 Exchange EIGENUSD | −0.0088% | 1h | 0.2429 | −0.210% | $824 | $5K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0016% | 1h | 0.2433 | −0.038% | $175K | $68K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2435 | +0.025% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.160% | $6 | $6 | 5.5x | as long as short |
| Bybit EIGENUSDT | +0.0071% | 4h | 0.2430 | −0.168% | $9.7M | $7.7M | 50x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2432 | −0.066% | $32K | $18K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2432 | −0.074% | $46K | $30K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2429 | −0.203% | $8.3M | $20.0M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2429 | −0.210% | $1.6M | $5.0M | 20x | as long as short |
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
Kraken Futures PF_EIGENUSD
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
Bybit EIGENUSDT
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2430 | −0.168% | $733K | $639K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2429 | −0.210% | $8.6M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2430 | −0.168% | $2.3M | $10.5M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2431 | −0.127% | $1.9M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2431 | −0.127% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2430 | −0.159% | $203K | $125K | — | as long as short |
| GRVT EIGEN_USDT_Perpshort | +0.0100% | 4h | 0.2433 | −0.045% | $189K | $2.2M | 10x | |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2433 | −0.045% | $36K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2431 | −0.127% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2429 | −0.213% | $92K | $496K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0117% | 4h | 0.2428 | −0.251% | $353K | $134K | 75x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0160% | 1h | 0.2435 | +0.021% | $42K | $159K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2433 | −0.053% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0371% | 1h | 0.2437 | +0.119% | $4.8M | $1.6M | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0514% | 1h | 0.2432 | −0.088% | $849 | — | 15x | as long as short |
| Lighter EIGENlong | +0.0576% | 1h | 0.2434 | long leg | $560K | $443K | 5x |
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Reya EIGENRUSDPERP