Settings8H · net · $10k
Funding arb · Price arb /

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.226%
Price spread now: Lighter against BingX+0.150%7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$278as in the Price arb table
costs, in and out, $10k−$2702.700% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.629%+$63 on $10k
Price spread, last 4 days (all we have)+0.337%+$34 · spread now +0.150%, 7d avg +0.227%
Together, before fees+0.966%+ Points / potential airdropLighter: Season 3 · farm board+$97 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.077% cheaper against BingX than usual: you would sell low and buy high (spread +0.150% now, against its 7-day average of +0.227%). If the spread goes back, that is −$8 on $10k: about 2.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.629% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EIGEN-USDC0.23930.0100pay 0.0050% / 4h2h 12m$6.5M
ShortLighter EIGEN0.23970.0192get 0.0024% / 1h12m 09s$540K$434K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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

Funding earned
$19.32
Price spread: +0.150% → +0.227%
−$7.69
Slippage, 4 orders
−$260.05
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$258.42
Costs to cover
2.700%
Break-even
100.6 days
Slippage from BingX: live order book, 8 min ago; Lighter: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago4.14 bp97.3 bp −$97doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 3 min ago15.75 bp27.0 bp −$2773.4 bp −$734doesn't fitdoesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit EIGEN_USDC-PERPETUAL−0.0210%1h0.2393−0.013%$8610xas long as short
01 Exchange EIGENUSD−0.0008%1h0.2391−0.084%$811$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2396+0.119%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.880%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2392−0.021%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2394+0.047%$46K$26K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2394+0.042%$8.2M$20.2M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2394+0.042%$9.6M$8.0M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.23930.000%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2392−0.042%$716K$673K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2394+0.042%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2394+0.042%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.23930.000%$1.9M$1.4M75xas long as short
BingX EIGEN-USDClong+0.0100%4h0.2393long leg$6.5M
Variational Omni EIGEN+0.0100%4h0.2408+0.622%$203K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2412+0.800%$188K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2408+0.627%$35K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2391−0.084%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2392−0.022%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2397+0.188%$42K$160K50xas long as short
BloFin EIGEN-USDT+0.0145%4h0.2404+0.460%$350K$136K75xas long as short
Lighter EIGENshort+0.0192%1h0.2397+0.150%$540K$434K5x
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2394+0.026%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2395+0.090%$173K$68K20xas long as short
Hyperliquid EIGEN+0.0344%1h0.2395+0.084%$4.7M$1.5M5xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2392−0.061%$83515xas long as short