Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.142%
Price spread now: MEXC against Lighter−0.155%7-day average −0.252% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days−0.648%−$65 on $10k
+Price spread, last 4 days (all we have)−0.267%−$27 · spread now −0.155%, 7d avg −0.252%
=Together, before fees−0.916%+ Points / potential airdropLighter: Season 3 · farm board−$92 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.097% dearer against Lighter than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.252%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EIGEN | 0.2383 | 0.0096 | pay 0.0012% / 1h | 46m 19s | $535K | $503K | 5x |
| Short | MEXC EIGEN_USDT | 0.2379 | 0.0100 | get 0.0050% / 4h | 1h 46m | $8.0M | $2.4M | 125x |
Lighter EIGEN
MEXC EIGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.84
- Price spread: −0.155% → −0.252%
- $9.7
- Slippage, 4 orders
- −$30.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$24.26
- Costs to cover
- 0.348%
- Break-even
- 209.2 days
Slippage from Lighter: live order book, 54 min ago; MEXC: live order book, 2 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, 54 min ago | 12.64 bp | 13.9 bp −$14 | 61.0 bp −$610 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.10 bp | 4.1 bp −$4 | 11.8 bp −$118 | 102.6 bp −$10.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | −0.0246% | 4h | 0.2379 | −0.164% | $9.1M | $7.3M | 50x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | −0.0044% | 1h | 0.2379 | −0.176% | — | $41 | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0027% | 1h | 0.2379 | −0.145% | $160K | $113K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2380 | −0.113% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.321% | $6 | $6 | 5.5x | as long as short |
| 01 Exchange EIGENUSD | +0.0064% | 1h | 0.2375 | −0.323% | $805 | $5K | 10x | as long as short |
| Lighter EIGENlong | +0.0096% | 1h | 0.2383 | long leg | $535K | $503K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2379 | −0.134% | $37K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2386 | +0.138% | $4.5M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2381 | −0.062% | $44K | $26K | 5x | as long as short |
Bybit EIGENUSDT
Deribit EIGEN_USDC-PERPETUAL
Kraken Futures PF_EIGENUSD
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
01 Exchange EIGENUSD
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2379 | −0.155% | $8.1M | $19.9M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2377 | −0.239% | $1.6M | $4.7M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2378 | −0.197% | $714K | $576K | 50x | as long as short |
| MEXC EIGEN_USDTshort | +0.0100% | 4h | 0.2379 | −0.155% | $8.0M | $2.4M | 125x | |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2381 | −0.071% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2378 | −0.197% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2380 | −0.113% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2377 | −0.256% | $209K | $138K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2378 | −0.211% | $182K | $2.6M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2385 | +0.097% | $35K | $232K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2379 | −0.155% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2379 | −0.164% | $88K | $726K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0131% | 4h | 0.2384 | +0.055% | $350K | $114K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2380 | −0.117% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0448% | 1h | 0.2383 | 0.000% | $39K | $266K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0520% | 1h | 0.2380 | −0.121% | $831 | — | 15x | as long as short |
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate 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]
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP