Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.09 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.025%101s7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.191%+$19 · spread now −0.025%, 7d avg +0.038%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.063% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.038%). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EDENUSDT | 0.06015 | 0.0100 | pay 0.0050% / 4h | 53m 31s | $3.5M | $8.8M | 20x |
| Short | BloFin EDEN-USDT | 0.06014 | 0.0081 | get 0.0041% / 4h | 53m 31s | $194K | $5K | 20x |
Binance EDENUSDT
BloFin EDEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.95
- Price spread: −0.025% → +0.038%
- −$6.3
- Slippage, 4 orders
- −$37.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.85
- Costs to cover
- 0.596%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; BloFin: live order book, 16 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 1 min ago | 2.49 bp | 17.3 bp −$17 | 113.7 bp −$1,137 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 1.67 bp | 15.6 bp −$16 | 42.1 bp −$421 | doesn't fit | doesn't fit |
EDEN on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDEN-USDTshort | +0.0081% | 4h | 0.06014 | −0.025% | $194K | $5K | 20x | |
| Lighter EDEN | +0.0096% | 1h | 0.06015 | −0.008% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06003 | −0.210% | $65K | $85K | 5x | as long as short |
| Binance EDENUSDTlong | +0.0100% | 4h | 0.06015 | long leg | $3.5M | $8.8M | 20x | |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06026 | +0.175% | $546K | $303K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06130 | +1.904% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0245% | 4h | 0.06030 | +0.241% | $681K | $3.2M | 20x | as long as short |
| Gate EDEN_USDT | +0.0439% | 8h | 0.06016 | +0.008% | $210K | $484K | 20x | as long as short |
| Bybit EDENUSDT | +0.0745% | 4h | 0.06010 | −0.091% | $1.5M | $1.1M | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0896% | 4h | 0.06024 | +0.141% | $1.3M | $7.6M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
Bybit EDENUSDT
KuCoin EDENUSDTM