Funding you earn now, next payment 22:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.204%
Price spread now: Coinbase International against Lighter+0.087%7-day average −0.203% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$940.935% of the position
Funding, last 7 days−0.684%−$68 on $10k
+Price spread, last 3 days (all we have)−0.265%−$26 · spread now +0.087%, 7d avg −0.203%
=Together, before fees−0.949%+ Points / potential airdropLighter: Season 3 · farm board−$95 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.290% dearer against Lighter than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.203%. Mind the row above: over the last 7 days funding on this pair cost −0.684%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EIGEN | 0.2409 | 0.0096 | pay 0.0012% / 1h | 14m 21s | $541K | $431K | 5x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2412 | 0.0200 | get 0.0025% / 1h | 14m 21s | $42K | $159K | 50x |
Lighter EIGEN
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $21.84
- Price spread: +0.087% → −0.203%
- $28.99
- Slippage, 4 orders
- −$83.54
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$42.71
- Costs to cover
- 0.935%
- Break-even
- 20.7 days
Slippage from Lighter: live order book, 61 min ago; Coinbase International: live order book, 3 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, 61 min ago | 15.75 bp | 21.0 bp −$21 | 81.1 bp −$811 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 7.07 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange EIGENUSD | −0.0112% | 1h | 0.2404 | −0.228% | $815 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2407 | −0.117% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2408 | −0.054% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.183% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGENlong | +0.0096% | 1h | 0.2409 | long leg | $541K | $431K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2407 | −0.083% | $28K | $17K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2413 | +0.145% | $4.7M | $1.5M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2408 | −0.043% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2407 | −0.104% | $8.2M | $20.0M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2407 | −0.108% | $9.6M | $7.8M | 50x | as long as short |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2409 | −0.021% | $1.6M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2406 | −0.145% | $720K | $638K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2408 | −0.062% | $8.6M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2407 | −0.104% | $2.3M | $10.6M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2406 | −0.145% | $1.9M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2408 | −0.062% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2404 | −0.220% | $200K | $132K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2405 | −0.201% | $185K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2405 | −0.187% | $35K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2409 | −0.021% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2406 | −0.156% | $91K | $496K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0138% | 4h | 0.2404 | −0.228% | $347K | $133K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2408 | −0.083% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0200% | 1h | 0.2412 | +0.087% | $42K | $159K | 50x | |
| Reya EIGENRUSDPERP | +0.0513% | 1h | 0.2408 | −0.080% | $840 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0681% | 1h | 0.2409 | −0.022% | $174K | $68K | 20x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP
Kraken Futures PF_EIGENUSD