Funding arb · Price arb / Crypto
EIGEN
All EIGEN markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1987 | −0.0117 | get 0.0015% / 1h | 10m 57s | $415K | $60K | 25x | Long TxFlow5% off | |
| SHORT | 0.1993 | +0.0096 | get 0.0012% / 1h | 10m 57s | $393K | $14K | 5x | Short Lighter7d free |
Price gap+0.312%
Funding gap+0.0213% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.052% above its 7d average: +$5 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$53+0.0213% /8h now · paid +0.534% over the last 7D
Price+$5spread +0.312% now, avg +0.260% → +0.052% if it goes back
Costs−$700.700% of $10k · taker + slippage, in and out
Result−$11−0.11%+ Points / potential airdropTxFlow: points · Lighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.312%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hEIGEN on 26 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Thin at this size11.8 / 19.3 bpAt $10k entering Lighter costs 19.3 bp, fee and slippage, 1.6× TxFlow’s.
- Note: Margin at max leverage$400 + $2,000TxFlow 25x, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$6.39Long TxFlow: 24 payments, +$3.51; short Lighter: 24 payments, +$2.88.
- OK: Entry gap works for you+0.312% vs +0.260%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$393K vs $415K OILighter sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0254%/8h × 21 periods+$53.40
Price spread+0.312% → +0.260% (7d avg)+$5.21
Slippage, 4 orderslive order books−$61.02
Fee TxFlow bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$11.41
Costs to cover0.700%Break-even8.5 days
Slippage: TxFlow: live order book, 8 min ago; Lighter: live order book, 66 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow5.0211.8 bp−$1230.1 bp−$301doesn’t fitdoesn’t fit
SELL · SHORTLighter1.2519.3 bp−$19109.2 bp−$1,092doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-01 07:43 | MEXC | Listing | EIGEN_USDC no longer reported ($EIGEN) seen by our collector |
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