Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.201%
Price spread now: Bybit against Lighter−0.417%7-day average −0.276% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days−0.799%−$80 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.417%, 7d avg −0.276%
=Together, before fees−0.729%+ Points / potential airdropLighter: Season 3 · farm board−$73 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: Bybit is 0.141% cheaper against Lighter than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.276%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EIGEN | 0.2424 | 0.0096 | pay 0.0012% / 1h | 54m 26s | $545K | $499K | 5x |
| Short | Bybit EIGENUSDT | 0.2414 | 0.0100 | get 0.0050% / 4h | 3h 54m | $9.4M | $7.3M | 50x |
Lighter EIGEN
Bybit EIGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.417% → −0.276%
- −$14.1
- Slippage, 4 orders
- −$58.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$82.84
- Costs to cover
- 0.696%
- Break-even
- 697.3 days
Slippage from Lighter: live order book, 56 min ago; Bybit: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 56 min ago | 13.00 bp | 14.2 bp −$14 | 84.9 bp −$849 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.15 bp | 21.4 bp −$21 | 56.4 bp −$564 | doesn't fit | doesn't fit |
EIGEN on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2419 | −0.219% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | +0.0032% | 1h | 0.2416 | −0.351% | $819 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.557% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGENlong | +0.0096% | 1h | 0.2424 | long leg | $545K | $499K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2415 | −0.392% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2419 | −0.227% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2417 | −0.328% | $45K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2419 | −0.226% | $8.3M | $20.0M | 75x | as long as short |
| Bybit EIGENUSDTshort | +0.0100% | 4h | 0.2414 | −0.417% | $9.4M | $7.3M | 50x | |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2413 | −0.474% | $1.6M | $4.8M | 20x | as long as short |
dYdX EIGEN-USD
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2417 | −0.309% | $735K | $564K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2414 | −0.433% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2415 | −0.392% | $2.4M | $10.0M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2416 | −0.351% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2420 | −0.186% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2408 | −0.677% | $215K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2405 | −0.804% | $193K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2404 | −0.846% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2419 | −0.227% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2419 | −0.219% | $89K | $637K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0105% | 4h | 0.2419 | −0.227% | $355K | $115K | 75x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0107% | 1h | 0.2422 | −0.121% | $165K | $105K | 20x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2418 | −0.266% | $2K | — | 100x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | +0.0205% | 1h | 0.2419 | −0.210% | — | $41 | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0312% | 1h | 0.2422 | −0.107% | $39K | $256K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2415 | −0.398% | $843 | — | 15x | as long as short |
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
Kraken Futures PF_EIGENUSD
GMX EIGEN/USD [ETH-USDC]
Deribit EIGEN_USDC-PERPETUAL
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP