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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.167%
Price spread now: OKX against Lighter−0.280%7-day average −0.260% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$700.705% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.659%−$66 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now −0.280%, 7d avg −0.260%
Together, before fees−0.718%+ Points / potential airdropLighter: Season 3 · farm board−$72 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EIGEN0.23930.0096pay 0.0012% / 1h24m 17s$538K$506K5x
ShortOKX EIGEN-USDT-SWAP0.23860.0100get 0.0050% / 4h3h 24m$1.6M$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.280% → −0.260%
−$2
Slippage, 4 orders
−$60.47
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$71.62
Costs to cover
0.705%
Break-even
603.9 days
Slippage from Lighter: live order book, 21 min ago; OKX: live order book, 3 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, 21 min ago12.23 bp15.7 bp −$1660.4 bp −$604doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.09 bp20.8 bp −$2177.7 bp −$777doesn'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
dYdX EIGEN-USD0.0000%1h0.2388−0.196%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.893%$6$65.5xas long as short
Deribit EIGEN_USDC-PERPETUAL+0.0043%1h0.2387−0.242%$4110xas long as short
Gate EIGEN_USDT+0.0074%4h0.2385−0.322%$721K$570K50xas long as short
BloFin EIGEN-USDT+0.0094%4h0.2388−0.196%$354K$115K75xas long as short
Lighter EIGENlong+0.0096%1h0.2393long leg$538K$506K5x
Nado EIGEN-PERP+0.0100%1h0.2386−0.259%$37K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2389−0.159%$44K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2387−0.238%$8.2M$19.7M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2387−0.255%$9.3M$7.1M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAPshort+0.0100%4h0.2386−0.280%$1.6M$4.8M20x
MEXC EIGEN_USDT+0.0100%4h0.2387−0.238%$8.0M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2389−0.155%$2.4M$9.9M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2387−0.238%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2387−0.238%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2388−0.215%$213K$135Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2403+0.420%$186K$2.4M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2390−0.113%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2387−0.238%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2387−0.242%$88K$572K10xas long as short
Kraken Futures PF_EIGENUSD+0.0109%1h0.2385−0.311%$163K$104K20xas long as short
01 Exchange EIGENUSD+0.0152%1h0.2387−0.238%$809$5K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2386−0.279%$2K100xas long as short
Hyperliquid EIGEN+0.0224%1h0.2393+0.013%$4.6M$1.7M5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0312%1h0.2380−0.527%$39K$253K50xas long as short
Reya EIGENRUSDPERP+0.0519%1h0.2388−0.214%$83315xas long as short