Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.197%
Price spread now: KuCoin against Lighter−0.485%7-day average −0.245% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1141.145% of the position
Funding, last 7 days−0.686%−$69 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.485%, 7d avg −0.245%
=Together, before fees−0.633%+ Points / potential airdropLighter: Season 3 · farm board−$63 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: KuCoin is 0.240% cheaper against Lighter than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.245%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EIGEN | 0.2454 | 0.0096 | pay 0.0012% / 1h | 4m 48s | $558K | $449K | 5x |
| Short | KuCoin EIGENUSDTM | 0.2442 | 0.0100 | get 0.0050% / 4h | 3h 04m | $2.4M | $10.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.485% → −0.245%
- −$24.01
- Slippage, 4 orders
- −$102.46
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$137.63
- Costs to cover
- 1.145%
- Break-even
- 1153.9 days
Slippage from Lighter: live order book, 60 min ago; KuCoin: 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, 60 min ago | 5.73 bp | 14.8 bp −$15 | 75.2 bp −$752 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.04 bp | 19.6 bp −$20 | 215.0 bp −$2,150 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EIGENUSD | −0.0097% | 1h | 0.2440 | −0.561% | $167K | $82K | 20x | as long as short |
| 01 Exchange EIGENUSD | −0.0056% | 1h | 0.2440 | −0.566% | $827 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2442 | −0.503% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2440 | −0.554% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | −0.648% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0089% | 4h | 0.2448 | −0.240% | $362K | $128K | 75x | as long as short |
| Lighter EIGENlong | +0.0096% | 1h | 0.2454 | long leg | $558K | $449K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2441 | −0.526% | $32K | $18K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2444 | −0.415% | $48K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2446 | −0.322% | $8.5M | $20.4M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2444 | −0.403% | $9.7M | $7.6M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2444 | −0.403% | $1.7M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2439 | −0.607% | $754K | $594K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2446 | −0.322% | $8.6M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTMshort | +0.0100% | 4h | 0.2442 | −0.485% | $2.4M | $10.4M | 50x | |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2445 | −0.363% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2444 | −0.403% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2439 | −0.605% | $203K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2455 | +0.045% | $194K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2457 | +0.126% | $36K | $237K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2440 | −0.566% | $580 | $3K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2445 | −0.380% | $93K | $640K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2453 | −0.020% | $44K | $190K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2440 | −0.547% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0307% | 1h | 0.2453 | −0.037% | $4.9M | $1.6M | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0515% | 1h | 0.2441 | −0.527% | $852 | — | 15x | as long as short |
Lighter EIGEN
KuCoin EIGENUSDTM
Kraken Futures PF_EIGENUSD
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Extended EIGEN-USD
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN