EIGEN Funding Rate — live across 11 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized EIGEN perpetual funding across all 11 venues Perpia tracks. Right now EIGEN funding is positive on 6 and negative on 5, ranging from +10.9% on Variational to -19.3% on Lighter — a spread of 30.2%. The widest delta-neutral trade is long Lighter / short Variational at 26.8% net APR.
EIGEN funding rate by venue
38 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Variational | +10.9% | 4h |
| Bybit | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| Hyperliquid | +10.9% | 1h |
| BingX | +10.9% | 4h |
| Gate.io | +7.4% | 4h |
| MEXC | -0.2% | 8h |
| Binance | -0.4% | 8h |
| OKX | -4.2% | 4h |
| KuCoin | -15.5% | 4h |
| Lighter | -19.3% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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EIGEN funding — FAQ
Is EIGEN funding positive right now?
EIGEN perpetual funding is positive on 6 of 11 venues Perpia tracks and negative on 5. The highest is +10.9% on Variational; the lowest is -19.3% on Lighter.
What is the best EIGEN funding arbitrage right now?
Go long Lighter and short Variational for about 26.8% net APR after fees — the widest delta-neutral EIGEN spread Perpia currently sees.
Which exchange has the highest EIGEN funding rate?
Variational, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How EIGEN funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.