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+0.0002%/8h= +0.2% APRpaid last 24h +0.132%
Price spread now: Lighter against BloFin+0.235%7-day average +0.246% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$650.651% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.200%+$20 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.235%, 7d avg +0.246%
Together, before fees+0.177%+ Points / potential airdropLighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EIGEN-USDT0.23880.0094pay 0.0047% / 4h3h 25m$354K$115K75x
ShortLighter EIGEN0.23940.0096get 0.0012% / 1h25m 17s$539K$504K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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
$0.42
Price spread: +0.235% → +0.246%
−$1.16
Slippage, 4 orders
−$53.06
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$65.8
Costs to cover
0.651%
Break-even
1108.4 days
Slippage from BloFin: live order book, 5 min ago; Lighter: live order book, 20 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 BloFin live order book, 5 min ago2.08 bp19.3 bp −$1940.2 bp −$402doesn't fitdoesn't fit
Sell Lighter live order book, 20 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%1h0.23880.000%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.094%$6$65.5xas long as short
Gate EIGEN_USDT+0.0066%4h0.2386−0.084%$721K$570K50xas long as short
BloFin EIGEN-USDTlong+0.0094%4h0.2388long leg$354K$115K75x
Lighter EIGENshort+0.0096%1h0.2394+0.235%$539K$504K5x
Nado EIGEN-PERP+0.0100%1h0.2389+0.063%$37K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2388−0.005%$44K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2388−0.014%$8.2M$19.7M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2387−0.059%$9.3M$7.1M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2387−0.042%$1.6M$4.8M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.23880.000%$8.0M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2390+0.084%$2.4M$9.9M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.23880.000%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2386−0.084%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2388−0.018%$213K$135Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2403+0.618%$186K$2.4M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2390+0.084%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.23880.000%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2387−0.024%$88K$622K10xas long as short
Kraken Futures PF_EIGENUSD+0.0109%1h0.2389+0.029%$163K$104K20xas long as short
Deribit EIGEN_USDC-PERPETUAL+0.0127%1h0.2387−0.021%$4110xas long as short
01 Exchange EIGENUSD+0.0152%1h0.23880.000%$810$5K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2387−0.042%$2K100xas long as short
Hyperliquid EIGEN+0.0216%1h0.2393+0.209%$4.6M$1.7M5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0312%1h0.2392+0.151%$39K$255K50xas long as short
Reya EIGENRUSDPERP+0.0519%1h0.2390+0.066%$83415xas long as short