Funding you earn now, next payment 11:00 UTC−0.0368%/8h= −40.3% APRnext payment −$0.46 per $10,000 · paid last 24h −0.105%
Price spread now: Extended against Lighter−0.357%7-day average −0.261% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1161.158% of the position
Funding, last 7 days−0.640%−$64 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.357%, 7d avg −0.261%
=Together, before fees−0.575%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Extended is 0.096% cheaper against Lighter than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.261%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EIGEN | 0.2385 | 0.0472 | pay 0.0059% / 1h | 56m 49s | $560K | $502K | 5x |
| Short | Extended EIGEN-USD | 0.2377 | 0.0104 | get 0.0013% / 1h | 56m 49s | $83K | $684K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$77.28
- Price spread: −0.357% → −0.261%
- −$9.57
- Slippage, 4 orders
- −$110.76
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$202.61
- Costs to cover
- 1.158%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 50 min ago; Extended: live order book, 54 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, 50 min ago | 21.26 bp | 27.5 bp −$27 | 60.4 bp −$604 | doesn't fit | doesn't fit |
| Sell Extended live order book, 54 min ago | 10.54 bp | 31.1 bp −$31 | 216.4 bp −$2,164 | doesn't fit | doesn't fit |
EIGEN on 26 exchanges
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 | −0.6440% | 1h | 0.2332 | −2.235% | $791 | $5K | 10x | as long as short |
| Bybit EIGENUSDT | −0.0236% | 4h | 0.2376 | −0.390% | $8.9M | $6.7M | 50x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0088% | 1h | 0.2380 | −0.235% | $159K | $121K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2377 | −0.329% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2378 | −0.319% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.209% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0073% | 4h | 0.2376 | −0.390% | $350K | $115K | 75x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2379 | −0.243% | $36K | $13K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2383 | −0.096% | $4.5M | $1.6M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2379 | −0.282% | $44K | $26K | 5x | as long as short |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2377 | −0.348% | $8.1M | $18.8M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2376 | −0.390% | $1.6M | $4.4M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2378 | −0.306% | $710K | $566K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2376 | −0.390% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2378 | −0.306% | $2.6M | $9.3M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2375 | −0.432% | $1.8M | $1.2M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2378 | −0.306% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2374 | −0.455% | $216K | $126K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2378 | −0.307% | $183K | $2.9M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2378 | −0.306% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2378 | −0.306% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USDshort | +0.0104% | 1h | 0.2377 | −0.357% | $83K | $684K | 10x | |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2378 | −0.317% | $2K | — | 100x | as long as short |
| Lighter EIGENlong | +0.0472% | 1h | 0.2385 | long leg | $560K | $502K | 5x | |
| Coinbase International EIGEN-PERP-INTX | +0.0488% | 1h | 0.2384 | −0.050% | $40K | $267K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0524% | 1h | 0.2377 | −0.332% | $830 | — | 15x | as long as short |
Lighter EIGEN
Extended EIGEN-USD
01 Exchange EIGENUSD
Bybit EIGENUSDT
Kraken Futures PF_EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX