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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0789%/8h= +86.4% APRnext payment +$0.99 per $10,000 · paid last 24h +0.238%
Price spread now: Lighter against Deribit+0.595%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 3 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 +$24 a day on $10k at the current rate, and Lighter is 0.595% dearer against Deribit than usual: you sell high and buy low: +$59 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EIGEN_USDC-PERPETUAL0.2421−0.0245get 0.0031% / 1h26m 17s$8610x
ShortLighter EIGEN0.24360.0544get 0.0068% / 1h26m 17s$560K$443K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Deribit. 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
$165.76
Price spread: +0.595% → 0.000%
$59.47
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$218.23
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 44 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 Deribit no order-book sample
Sell Lighter live order book, 44 min ago9.35 bp11.8 bp −$1256.9 bp −$569doesn't fitdoesn't fit
Deribit: 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 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
Deribit EIGEN_USDC-PERPETUALlong−0.0245%1h0.2421long leg$8610x
01 Exchange EIGENUSD−0.0104%1h0.2427+0.231%$823$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2421−0.005%$174K$69K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2434+0.507%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.686%$6$65.5xas long as short
Bybit EIGENUSDT+0.0058%4h0.2426+0.206%$9.7M$7.7M50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2429+0.314%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2431+0.389%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2426+0.190%$8.3M$20.0M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2424+0.107%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2427+0.231%$731K$640K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2426+0.190%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2429+0.314%$2.3M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2420−0.058%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2425+0.149%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2429+0.323%$202K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2431+0.395%$189K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2430+0.355%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2422+0.025%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2420−0.068%$92K$496K10xas long as short
BloFin EIGEN-USDT+0.0139%4h0.2428+0.273%$353K$134K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2420−0.070%$42K$158K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2427+0.220%$2K100xas long as short
Hyperliquid EIGEN+0.0411%1h0.2435+0.562%$4.8M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2427+0.252%$84715xas long as short
Lighter EIGENshort+0.0544%1h0.2436+0.595%$560K$443K5x