Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.048%

Price spread now: Gate against Binance−0.166%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$484as in the Funding arb table

Net, price: spread back to 7d avg − costs−$510as in the Price arb table

costs, in and out, $10k−$4914.906% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.166%, 7d avg +0.023%

Together, before fees+0.254%+$25 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.189% cheaper against Binance than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDENUSDT	0.06029	0.0100	pay 0.0050% / 4h	3h 43m	$3.5M	$8.9M	20x
Short	Gate EDEN_USDT	0.06019	0.0100	get 0.0100% / 8h	7h 43m	$212K	$472K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.166%Rate

Funding earned: $0
Price spread: −0.166% → +0.023%: −$18.94
Slippage, 4 orders: −$465.64
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$509.58
Costs to cover: 4.906%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Gate: live order book, 27 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, 11 min ago	0.83 bp	17.6 bp −$18	90.2 bp −$902	doesn't fit	doesn't fit
Sell Gate live order book, 27 min ago	10.79 bp	254.4 bp −$254	doesn't fit	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-USDT	+0.0070%	4h	0.05996	−0.548%	$194K	$4K	20x	as long as short
Lighter EDEN	+0.0096%	1h	0.06027	−0.034%	$26K	$17K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.06019	−0.159%	$64K	$85K	5x	as long as short
Binance EDENUSDTlong	+0.0100%	4h	0.06029	long leg	$3.5M	$8.9M	20x
Gate EDEN_USDTshort	+0.0100%	8h	0.06019	−0.166%	$212K	$472K	20x
MEXC EDEN_USDT	+0.0100%	4h	0.06026	−0.050%	$540K	$306K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06150	+2.007%	$1K	$1.7M	20x	as long as short
OKX EDEN-USDT-SWAP	+0.0249%	4h	0.06037	+0.132%	$669K	$3.2M	20x	as long as short
KuCoin EDENUSDTM	+0.0836%	4h	0.06028	−0.017%	$1.3M	$7.6M	20x	as long as short
Bybit EDENUSDT	+0.1338%	4h	0.06026	−0.050%	$1.6M	$1.1M	20x	as long as short