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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.184%
Price spread now: Lighter against Bitget+0.291%7-day average +0.289% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1431.430% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.632%+$63 on $10k
Price spread, last 4 days (all we have)+0.447%+$45 · spread now +0.291%, 7d avg +0.289%
Together, before fees+1.080%+ Points / potential airdropLighter: Season 3 · farm board+$108 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EIGENUSDT0.24070.0100pay 0.0050% / 4h1h 31m$1.9M$1.5M75x
ShortLighter EIGEN0.24140.0096get 0.0012% / 1h31m 27s$542K$504K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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
−$0.84
Price spread: +0.291% → +0.289%
$0.19
Slippage, 4 orders
−$131.03
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$143.68
Costs to cover
1.430%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Lighter: live order book, 24 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 Bitget live order book, 1 min ago4.16 bp26.9 bp −$2758.5 bp −$585doesn't fitdoesn't fit
Sell Lighter live order book, 24 min ago25.93 bp54.4 bp −$5495.3 bp −$953doesn'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
Bybit EIGENUSDT−0.0119%4h0.2408+0.042%$9.4M$7.5M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2408+0.022%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2406−0.042%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.288%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0056%1h0.2409+0.083%$817$5K10xas long as short
BloFin EIGEN-USDT+0.0092%4h0.2409+0.083%$355K$119K75xas long as short
Lighter EIGENshort+0.0096%1h0.2414+0.291%$542K$504K5x
Nado EIGEN-PERP+0.0100%1h0.2409+0.104%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2408+0.035%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2408+0.042%$8.3M$20.6M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2408+0.042%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2406−0.042%$737K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2408+0.042%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2408+0.042%$2.4M$10.3M50xas long as short
Bitget EIGENUSDTlong+0.0100%4h0.2407long leg$1.9M$1.5M75x
BingX EIGEN-USDT+0.0100%4h0.2408+0.042%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2404−0.144%$194K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2410+0.135%$195K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2409+0.083%$35K$232K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2409+0.083%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2409+0.081%$92K$642K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2408+0.036%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2413+0.249%$41K$246K50xas long as short
Hyperliquid EIGEN+0.0246%1h0.2413+0.249%$4.7M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0517%1h0.2409+0.067%$84115xas long as short
Kraken Futures PF_EIGENUSD+0.0573%1h0.2408+0.032%$166K$100K20xas long as short