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

EDEN

all EDEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0322%/8h= +35.3% APRnext payment +$1.61 per $10,000 · paid last 24h +0.156%
Price spread now: KuCoin against Binance−0.182%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$397as in the Funding arb table
Net, price: spread back to 7d avg − costs−$446as in the Price arb table
costs, in and out, $10k−$4214.206% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.232%+$23 on $10k
Price spread, last 7 days+0.308%+$31 · spread now −0.182%, 7d avg +0.072%
Together, before fees+0.540%+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.253% cheaper against Binance than usual: you would sell low and buy high (spread −0.182% now, against its 7-day average of +0.072%). If the spread goes back, that is −$25 on $10k: about 2.6 days of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.232% in total) that is about 7.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDENUSDT0.060530.0100pay 0.0050% / 4h3h 53m$3.6M$9.7M20x
ShortKuCoin EDENUSDTM0.060420.0422get 0.0211% / 4h3h 53m$1.3M$7.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$67.62
Price spread: −0.182% → +0.072%
−$25.33
Slippage, 4 orders
−$398.64
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$378.35
Costs to cover
4.206%
Break-even
46.2 days
Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago1.65 bp17.9 bp −$18221.9 bp −$2,219doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago4.92 bp31.3 bp −$31doesn't fitdoesn't fitdoesn't fit

EDEN on 10 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
BloFin EDEN-USDT+0.0041%4h0.06079+0.430%$205K$14K20xas long as short
Lighter EDEN+0.0096%1h0.06049−0.066%$26K$12K3xas long as short
Aster EDENUSDT+0.0100%4h0.06052−0.013%$62K$80K5xas long as short
Binance EDENUSDTlong+0.0100%4h0.06053long leg$3.6M$9.7M20x
MEXC EDEN_USDT+0.0100%4h0.06055+0.033%$548K$354K50xas long as short
SunX EDEN-USDT+0.0100%4h0.06190+2.263%$1K$1.7M20xas long as short
OKX EDEN-USDT-SWAP+0.0124%4h0.06057+0.066%$711K$3.1M20xas long as short
Gate EDEN_USDT+0.0146%8h0.06043−0.165%$224K$472K20xas long as short
KuCoin EDENUSDTMshort+0.0422%4h0.06042−0.182%$1.3M$7.8M20x
Bybit EDENUSDT+0.1168%4h0.06055+0.033%$1.7M$1.4M20xas long as short