Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.174%
Price spread now: KuCoin against Lighter−0.150%7-day average −0.246% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
Funding, last 7 days−0.687%−$69 on $10k
+Price spread, last 4 days (all we have)−0.447%−$45 · spread now −0.150%, 7d avg −0.246%
=Together, before fees−1.133%+ Points / potential airdropLighter: Season 3 · farm board−$113 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: KuCoin is 0.096% dearer against Lighter than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.246%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EIGEN | 0.2398 | 0.0096 | pay 0.0012% / 1h | 25m 06s | $539K | $504K | 5x |
| Short | KuCoin EIGENUSDTM | 0.2394 | 0.0100 | get 0.0050% / 4h | 25m 06s | $2.4M | $10.1M | 50x |
Lighter EIGEN
KuCoin EIGENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.150% → −0.246%
- $9.55
- Slippage, 4 orders
- −$111.3
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$112.91
- Costs to cover
- 1.233%
- Break-even
- 947.9 days
Slippage from Lighter: live order book, 25 min ago; KuCoin: 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, 25 min ago | 13.00 bp | 14.2 bp −$14 | 84.9 bp −$849 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.09 bp | 55.4 bp −$55 | 242.5 bp −$2,425 | 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 | −0.0073% | 4h | 0.2392 | −0.250% | $9.3M | $7.3M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2391 | −0.294% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | 0.0000% | 1h | 0.2395 | −0.108% | $812 | $5K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2394 | −0.146% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.685% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0093% | 4h | 0.2392 | −0.234% | $351K | $113K | 75x | as long as short |
| Lighter EIGENlong | +0.0096% | 1h | 0.2398 | long leg | $539K | $504K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2395 | −0.108% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2395 | −0.108% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2394 | −0.148% | $44K | $37K | 5x | as long as short |
Bybit EIGENUSDT
dYdX EIGEN-USD
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2393 | −0.184% | $8.3M | $20.2M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2390 | −0.317% | $1.6M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2390 | −0.317% | $728K | $575K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2392 | −0.234% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTMshort | +0.0100% | 4h | 0.2394 | −0.150% | $2.4M | $10.1M | 50x | |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2390 | −0.317% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2392 | −0.234% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2388 | −0.398% | $209K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2388 | −0.413% | $182K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2388 | −0.400% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2395 | −0.108% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2393 | −0.176% | $88K | $639K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2393 | −0.173% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0280% | 1h | 0.2396 | −0.063% | $39K | $250K | 50x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0473% | 1h | 0.2395 | −0.098% | $163K | $104K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2396 | −0.087% | $836 | — | 15x | as long as short |
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
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]
Coinbase International EIGEN-PERP-INTX
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP