Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Lighter against Binance+0.158%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.158% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDENUSDT	0.06028	0.0100	pay 0.0050% / 4h	43m 01s	$3.6M	$9.6M	20x
Short	Lighter EDEN	0.06038	0.0096	get 0.0012% / 1h	43m 01s	$26K	$12K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.158%Rate

Funding earned: −$0.84
Price spread: +0.158% → 0.000%: $15.82
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $4.98
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Binance: live order book, 12 min ago; Lighter: no order-book sample. Net counts fees only.

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, 12 min ago	1.64 bp	13.3 bp −$13	223.2 bp −$2,232	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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.

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
Lighter EDENshort	+0.0096%	1h	0.06038	+0.158%	$26K	$12K	3x
Aster EDENUSDT	+0.0100%	4h	0.06028	−0.002%	$61K	$80K	5x	as long as short
Binance EDENUSDTlong	+0.0100%	4h	0.06028	long leg	$3.6M	$9.6M	20x
MEXC EDEN_USDT	+0.0100%	4h	0.06030	+0.025%	$554K	$355K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06190	+2.680%	$1K	$1.7M	20x	as long as short
BloFin EDEN-USDT	+0.0114%	4h	0.06033	+0.075%	$203K	$7K	20x	as long as short
Gate EDEN_USDT	+0.0271%	8h	0.06035	+0.108%	$220K	$483K	20x	as long as short
OKX EDEN-USDT-SWAP	+0.0323%	4h	0.06034	+0.092%	$713K	$3.1M	20x	as long as short
KuCoin EDENUSDTM	+0.0602%	4h	0.06034	+0.092%	$1.3M	$7.8M	20x	as long as short
Bybit EDENUSDT	+0.0944%	4h	0.06035	+0.108%	$1.7M	$1.4M	20x	as long as short