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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0256%/8h= −28.0% APRnext payment $0.32 per $10,000 · paid last 24h −0.081%
Price spread now: Extended against Lighter−0.162%7-day average −0.262% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$850.852% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.645%−$64 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.162%, 7d avg −0.262%
Together, before fees−0.761%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.101% dearer against Lighter than usual: you sell high and buy low (spread −0.162% now, against its 7-day average of −0.262%): +$10 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 31 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EIGEN0.23490.0360pay 0.0045% / 1h49m 40s$563K$486K5x
ShortExtended EIGEN-USD0.23450.0104get 0.0013% / 1h49m 40s$82K$679K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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
−$53.76
Price spread: −0.162% → −0.262%
$10.05
Slippage, 4 orders
−$80.23
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$128.94
Costs to cover
0.852%
Break-even
never at this rate
Slippage from Lighter: live order book, 49 min ago; Extended: live order book, 56 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 Lighter live order book, 49 min ago9.50 bp11.1 bp −$1172.2 bp −$722doesn't fitdoesn't fit
Sell Extended live order book, 56 min ago6.36 bp27.1 bp −$27194.1 bp −$1,941doesn't fitdoesn't fit

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 EIGENUSD−1.2496%1h0.2263−3.665%$766$5K10xas long as short
Bybit EIGENUSDT−0.0451%4h0.2344−0.217%$8.7M$6.6M50xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0091%1h0.2349−0.017%10xas long as short
dYdX EIGEN-USD0.0000%1h0.2348−0.031%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+3.784%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0057%4h0.2345−0.175%$346K$117K75xas long as short
Nado EIGEN-PERP+0.0100%1h0.2352+0.123%$23K$16K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2349−0.004%$4.4M$1.4M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2345−0.165%$44K$25K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2344−0.217%$7.9M$18.8M75xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2343−0.260%$1.5M$4.4M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2343−0.260%$700K$534K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2344−0.217%$7.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2342−0.302%$2.3M$9.3M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2346−0.132%$1.8M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2345−0.175%$1.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2345−0.180%$212K$118Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2356+0.294%$183K$3.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2358+0.379%$32K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2348−0.047%$1K$4K10xas long as short
Extended EIGEN-USDshort+0.0104%1h0.2345−0.162%$82K$679K10x
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2352+0.129%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0243%1h0.2349+0.005%$161K$133K20xas long as short
Lighter EIGENlong+0.0360%1h0.2349long leg$563K$486K5x
Coinbase International EIGEN-PERP-INTX+0.0456%1h0.2348−0.051%$38K$269K50xas long as short
Reya EIGENRUSDPERP+0.0525%1h0.2351+0.087%$82115xas long as short