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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.167%
Price spread now: Lighter against MEXC+0.301%7-day average +0.256% · you sell dearer than you buy
Net, funding: paid 7d − costs+$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$480.475% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.648%+$65 on $10k
Price spread, last 4 days (all we have)+0.154%+$15 · spread now +0.301%, 7d avg +0.256%
Together, before fees+0.802%+ Points / potential airdropLighter: Season 3 · farm board+$80 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: Lighter is 0.045% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.256%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EIGEN_USDT0.23900.0100pay 0.0050% / 4h3h 19m$8.0M$2.3M125x
ShortLighter EIGEN0.23970.0096get 0.0012% / 1h19m 40s$539K$506K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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: +0.301% → +0.256%
$4.51
Slippage, 4 orders
−$43.52
Fee MEXC: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
−$43.84
Costs to cover
0.475%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 26 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 MEXC live order book, 3 min ago2.10 bp4.1 bp −$415.2 bp −$152138.6 bp −$13.9Kdoesn't fit
Sell Lighter live order book, 26 min ago12.23 bp15.4 bp −$1572.9 bp −$729doesn'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
dYdX EIGEN-USD0.0000%1h0.2393+0.106%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2394+0.151%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.008%$6$65.5xas long as short
Lighter EIGENshort+0.0096%1h0.2397+0.301%$539K$506K5x
BloFin EIGEN-USDT+0.0098%4h0.2391+0.042%$356K$115K75xas long as short
Nado EIGEN-PERP+0.0100%1h0.2396+0.272%$37K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2393+0.139%$44K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2390−0.006%$8.2M$19.8M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2389−0.033%$9.3M$7.1M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2388−0.084%$1.6M$4.8M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2392+0.084%$721K$573K50xas long as short
MEXC EIGEN_USDTlong+0.0100%4h0.2390long leg$8.0M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2392+0.084%$2.4M$9.9M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2394+0.167%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2394+0.167%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393+0.108%$214K$135Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2387−0.120%$188K$2.4M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2384−0.251%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2396+0.251%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2393+0.132%$88K$439K10xas long as short
Kraken Futures PF_EIGENUSD+0.0108%1h0.2395+0.189%$162K$105K20xas long as short
01 Exchange EIGENUSD+0.0152%1h0.2397+0.293%$813$5K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2395+0.213%$2K100xas long as short
Hyperliquid EIGEN+0.0210%1h0.2397+0.293%$4.6M$1.7M5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0312%1h0.2396+0.259%$41K$261K50xas long as short
Reya EIGENRUSDPERP+0.0519%1h0.2396+0.233%$83615xas long as short