Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.226%
Price spread now: MEXC against Lighter−0.163%7-day average −0.259% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days−0.645%−$64 on $10k
+Price spread, last 4 days (all we have)−0.412%−$41 · spread now −0.163%, 7d avg −0.259%
=Together, before fees−1.057%+ Points / potential airdropLighter: Season 3 · farm board−$106 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: MEXC 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 −0.259%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EIGEN | 0.2386 | 0.0096 | pay 0.0012% / 1h | 2m 10s | $537K | $436K | 5x |
| Short | MEXC EIGEN_USDT | 0.2382 | 0.0100 | get 0.0050% / 4h | 2h 02m | $8.5M | $2.3M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.163% → −0.259%
- $9.56
- Slippage, 4 orders
- −$52.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$45.77
- Costs to cover
- 0.562%
- Break-even
- 388.4 days
Slippage from Lighter: live order book, 13 min ago; MEXC: live order book, 1 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, 13 min ago | 15.75 bp | 21.0 bp −$21 | 81.1 bp −$811 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.10 bp | 4.1 bp −$4 | 13.7 bp −$137 | 81.6 bp −$8,162 | 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 | −0.0128% | 1h | 0.2382 | −0.159% | — | $86 | 10x | as long as short |
| 01 Exchange EIGENUSD | −0.0024% | 1h | 0.2380 | −0.247% | $807 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2384 | −0.086% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.184% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0060% | 4h | 0.2380 | −0.247% | $348K | $136K | 75x | as long as short |
| Lighter EIGENlong | +0.0096% | 1h | 0.2386 | long leg | $537K | $436K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2382 | −0.143% | $28K | $17K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2383 | −0.114% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2381 | −0.217% | $8.1M | $20.3M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2382 | −0.163% | $9.6M | $8.0M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2382 | −0.163% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2381 | −0.205% | $715K | $678K | 50x | as long as short |
| MEXC EIGEN_USDTshort | +0.0100% | 4h | 0.2382 | −0.163% | $8.5M | $2.3M | 125x | |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2383 | −0.122% | $2.3M | $10.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2381 | −0.205% | $1.8M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2381 | −0.205% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2377 | −0.357% | $198K | $154K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2384 | −0.091% | $186K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2383 | −0.122% | $35K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2382 | −0.163% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2382 | −0.163% | $90K | $496K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2389 | +0.126% | $42K | $159K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2383 | −0.128% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0195% | 1h | 0.2386 | +0.004% | $4.7M | $1.5M | 5x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0314% | 1h | 0.2386 | +0.001% | $172K | $68K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0512% | 1h | 0.2383 | −0.140% | $832 | — | 15x | as long as short |
Lighter EIGEN
MEXC EIGEN_USDT
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Extended EIGEN-USD
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Kraken Futures PF_EIGENUSD