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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.226%
Price spread now: Lighter against Orderly+0.071%7-day average · you sell dearer than you buy
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 5 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.071% dearer against Orderly than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EIGEN_USDC_mythos0.23910.0100pay 0.0050% / 4h2h 08m$2K$2K10x
ShortLighter EIGEN0.23930.0128get 0.0016% / 1h8m 18s$538K$436K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Orderly. 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
$5.88
Price spread: +0.071% → 0.000%
$7.11
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
$6.99
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 7 min ago. 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 Orderly no order-book sample
Sell Lighter live order book, 7 min ago15.75 bp27.0 bp −$2773.4 bp −$734doesn't fitdoesn't fit
Orderly: 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
01 Exchange EIGENUSD−0.0016%1h0.2388−0.125%$810$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0001%1h0.2390−0.029%$8610xas long as short
dYdX EIGEN-USD0.0000%1h0.2391−0.004%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.966%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2390−0.021%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2389−0.084%$46K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2389−0.084%$8.1M$20.1M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2389−0.067%$9.6M$8.0M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2389−0.084%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2390−0.042%$715K$674K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.23910.000%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2390−0.042%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2387−0.167%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2390−0.042%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393+0.102%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2393+0.084%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2392+0.042%$35K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythoslong+0.0100%4h0.2391long leg$2K$2K10x
Extended EIGEN-USD+0.0104%1h0.2389−0.072%$90K$496K10xas long as short
Lighter EIGENshort+0.0128%1h0.2393+0.071%$538K$436K5x
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2397+0.272%$42K$160K50xas long as short
BloFin EIGEN-USDT+0.0155%4h0.2392+0.042%$350K$136K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2391−0.005%$2K100xas long as short
Hyperliquid EIGEN+0.0278%1h0.2394+0.125%$4.7M$1.5M5xas long as short
Kraken Futures PF_EIGENUSD+0.0313%1h0.2393+0.070%$172K$68K20xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2390−0.049%$83415xas long as short