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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.1792%/8h= +196.2% APRnext payment +$2.24 per $10,000 · paid last 24h +0.713%
Price spread now: Lighter against 01 Exchange+0.515%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and Lighter is 0.515% dearer against 01 Exchange than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange EIGENUSD0.2447−0.1528get 0.0191% / 1h9m 06s$848$5K10x
ShortLighter EIGEN0.24600.0264get 0.0033% / 1h9m 06s$558K$316K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. 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
$376.32
Price spread: +0.515% → 0.000%
$51.49
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$420.81
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 49 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Lighter live order book, 49 min ago21.77 bp24.5 bp −$2478.5 bp −$785doesn't fitdoesn't fit
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EIGEN on 26 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange EIGENUSDlong−0.1528%1h0.2447long leg$848$5K10x
Deribit EIGEN_USDC-PERPETUAL−0.0239%1h0.2453+0.237%$10K$10K10xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2324−5.027%$6$48K5.5xas long as short
BloFin EIGEN-USDT+0.0085%4h0.2453+0.245%$380K$95K75xas long as short
Nado EIGEN-PERP+0.0100%1h0.2454+0.286%$43K$28K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2457+0.403%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2455+0.327%$8.4M$16.4M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2455+0.311%$9.2M$4.4M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2454+0.286%$1.7M$3.7M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2455+0.327%$746K$454K50xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2454+0.286%$8.5M$2.0M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2453+0.245%$2.1M$8.0M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2453+0.245%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2455+0.327%$1.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2455+0.334%$263K$107Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2454+0.274%$185K$1.9M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2453+0.245%$33K$221K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2453+0.245%$1K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2453+0.225%$66K$715K10xas long as short
Hyperliquid EIGEN+0.0148%1h0.2460+0.531%$4.4M$1.1M5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0199% / S −0.0886%1h0.2453+0.265%$3K100xas long as short
Lighter EIGENshort+0.0264%1h0.2460+0.515%$558K$316K5x
dYdX EIGEN-USD+0.0323%1h0.2456+0.377%$10K$7K5xas long as short
Kraken Futures PF_EIGENUSD+0.0336%1h0.2458+0.446%$194K$164K20xas long as short
Coinbase International EIGEN-PERP-INTX+0.0424%1h0.2461+0.572%$41K$306K50xas long as short
Reya EIGENRUSDPERP+0.0533%1h0.2453+0.238%$85615xas long as short