EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0426%/8h= −46.6% APRnext payment −$0.53 per $10,000 · paid last 24h +0.009%

Price spread now: Lighter against Reya+0.167%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.167% dearer against Reya than usual: you sell high and buy low (spread +0.167% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya EIGENRUSDPERP	0.2369	0.0522	pay 0.0065% / 1h	59m 36s	$827	—	15x
Short	Lighter EIGEN	0.2373	0.0096	get 0.0012% / 1h	59m 36s	$533K	$495K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee LighterbpOrdersPrice spread, now +0.167%Rate

Funding earned: −$89.42
Price spread: +0.167% → 0.000%: $16.69
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$78.73
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Lighter: live order book, 30 min ago. Net counts fees only.

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 Reya no order-book sample	—	—	—	—	—
Sell Lighter live order book, 30 min ago	13.31 bp	13.4 bp −$13	65.1 bp −$651	doesn't fit	doesn't fit

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
01 Exchange EIGENUSD	−0.6280%	1h	0.2324	−1.918%	$788	$5K	10x	as long as short
Bybit EIGENUSDT	−0.0279%	4h	0.2371	+0.066%	$9.0M	$7.4M	50x	as long as short
Kraken Futures PF_EIGENUSD	−0.0104%	1h	0.2372	+0.110%	$158K	$116K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2370	+0.009%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2369	−0.019%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.893%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0052%	4h	0.2372	+0.108%	$346K	$112K	75x	as long as short
Lighter EIGENshort	+0.0096%	1h	0.2373	+0.167%	$533K	$495K	5x
Nado EIGEN-PERP	+0.0100%	1h	0.2369	+0.002%	$36K	$20K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2373	+0.136%	$44K	$26K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EIGENUSDT	+0.0100%	4h	0.2372	+0.089%	$8.0M	$20.1M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2371	+0.066%	$1.6M	$4.7M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2371	+0.066%	$705K	$589K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2372	+0.108%	$7.9M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2370	+0.023%	$2.4M	$9.7M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2368	−0.061%	$1.8M	$1.3M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2372	+0.108%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2367	−0.117%	$208K	$136K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2374	+0.192%	$183K	$2.7M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2375	+0.234%	$35K	$233K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2368	−0.061%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2371	+0.047%	$90K	$687K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2369	−0.019%	$2K	—	100x	as long as short
Hyperliquid EIGEN	+0.0344%	1h	0.2374	+0.192%	$4.5M	$1.8M	5x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0488%	1h	0.2372	+0.129%	$38K	$276K	50x	as long as short
Reya EIGENRUSDPERPlong	+0.0522%	1h	0.2369	long leg	$827	—	15x