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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.184%
Price spread now: Lighter against KuCoin+0.200%7-day average +0.245% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2032.031% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.687%+$69 on $10k
Price spread, last 4 days (all we have)+0.495%+$49 · spread now +0.200%, 7d avg +0.245%
Together, before fees+1.182%+ Points / potential airdropLighter: Season 3 · farm board+$118 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% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.245%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EIGENUSDTM0.24030.0100pay 0.0050% / 4h1h 28m$2.4M$10.3M50x
ShortLighter EIGEN0.24080.0096get 0.0012% / 1h28m 57s$541K$504K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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: +0.200% → +0.245%
−$4.55
Slippage, 4 orders
−$191.12
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$208.5
Costs to cover
2.031%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 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 KuCoin live order book, 9 min ago2.09 bp82.0 bp −$821002.0 bp −$10.0Kdoesn't fitdoesn't fit
Sell Lighter live order book, 26 min ago25.93 bp54.4 bp −$5495.3 bp −$953doesn'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
Bybit EIGENUSDT−0.0112%4h0.2400−0.125%$9.3M$7.5M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2404+0.042%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2403−0.008%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.457%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0064%1h0.24030.000%$815$5K10xas long as short
Lighter EIGENshort+0.0096%1h0.2408+0.200%$541K$504K5x
Nado EIGEN-PERP+0.0100%1h0.2405+0.104%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2403+0.018%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2402−0.050%$8.3M$20.5M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2401−0.083%$1.6M$4.9M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.24030.000%$736K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2402−0.042%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTMlong+0.0100%4h0.2403long leg$2.4M$10.3M50x
Bitget EIGENUSDT+0.0100%4h0.2401−0.083%$1.9M$1.5M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2402−0.042%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2406+0.104%$195K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2407+0.166%$195K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2407+0.166%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.24030.000%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2401−0.065%$92K$642K10xas long as short
BloFin EIGEN-USDT+0.0128%4h0.2405+0.083%$354K$119K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2404+0.030%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2407+0.162%$41K$246K50xas long as short
Hyperliquid EIGEN+0.0216%1h0.2407+0.166%$4.7M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0517%1h0.2406+0.117%$84015xas long as short
Kraken Futures PF_EIGENUSD+0.0574%1h0.2404+0.032%$165K$100K20xas long as short