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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.8% APRnext payment $0.10 per $10,000 · paid last 24h −0.211%
Price spread now: 01 Exchange against Lighter−0.188%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and 01 Exchange is 0.188% cheaper against Lighter than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter EIGEN0.23940.0096pay 0.0012% / 1h19m 26s$538K$504K5x
Short01 Exchange EIGENUSD0.23900.0016get 0.0002% / 1h19m 26s$810$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$16.8
Price spread: −0.188% → 0.000%
−$18.79
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$42.59
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 31 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 31 min ago13.00 bp14.2 bp −$1484.9 bp −$849doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bybit EIGENUSDT−0.0018%4h0.2389−0.238%$9.3M$7.3M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2388−0.291%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2388−0.263%$4110xas long as short
01 Exchange EIGENUSDshort+0.0016%1h0.2390−0.188%$810$5K10x
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.817%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0089%4h0.2392−0.104%$351K$113K75xas long as short
Lighter EIGENlong+0.0096%1h0.2394long leg$538K$504K5x
Nado EIGEN-PERP+0.0100%1h0.2389−0.209%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2394−0.021%$4.6M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2389−0.235%$44K$37K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2390−0.195%$8.2M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2389−0.230%$1.6M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2387−0.313%$728K$576K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2388−0.271%$8.1M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2389−0.230%$2.4M$10.1M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2388−0.271%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2388−0.271%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2387−0.311%$208K$134Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2389−0.245%$190K$2.3M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2389−0.230%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2388−0.271%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2389−0.224%$88K$639K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2388−0.267%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0280%1h0.2394−0.042%$39K$250K50xas long as short
Kraken Futures PF_EIGENUSD+0.0474%1h0.2390−0.205%$163K$105K20xas long as short
Reya EIGENRUSDPERP+0.0518%1h0.2390−0.198%$83415xas long as short