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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EIGEN0.24540.0096pay 0.0012% / 1h4m 48s$558K$449K5x
ShortKuCoin EIGENUSDTM0.24420.0100get 0.0050% / 4h3h 04m$2.4M$10.4M50x

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 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: −0.485% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 60 min ago5.73 bp14.8 bp −$1575.2 bp −$752doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago2.04 bp19.6 bp −$20215.0 bp −$2,150doesn'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
Kraken Futures PF_EIGENUSD−0.0097%1h0.2440−0.561%$167K$82K20xas long as short
01 Exchange EIGENUSD−0.0056%1h0.2440−0.566%$827$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2442−0.503%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2440−0.554%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.648%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0089%4h0.2448−0.240%$362K$128K75xas long as short
Lighter EIGENlong+0.0096%1h0.2454long leg$558K$449K5x
Nado EIGEN-PERP+0.0100%1h0.2441−0.526%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2444−0.415%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2446−0.322%$8.5M$20.4M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2444−0.403%$9.7M$7.6M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2444−0.403%$1.7M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2439−0.607%$754K$594K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2446−0.322%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTMshort+0.0100%4h0.2442−0.485%$2.4M$10.4M50x
Bitget EIGENUSDT+0.0100%4h0.2445−0.363%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2444−0.403%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2439−0.605%$203K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2455+0.045%$194K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2457+0.126%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2440−0.566%$580$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2445−0.380%$93K$640K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2453−0.020%$44K$190K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2440−0.547%$2K100xas long as short
Hyperliquid EIGEN+0.0307%1h0.2453−0.037%$4.9M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2441−0.527%$85215xas long as short