Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.032%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$560.563% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.032%, 7d avg −0.003%

Together, before fees−0.142%−$14 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: MEXC is 0.035% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDENUSDT	0.05955	0.0100	pay 0.0050% / 4h	1h 36m	$3.4M	$8.8M	20x
Short	MEXC EDEN_USDT	0.05957	0.0100	get 0.0050% / 4h	1h 36m	$541K	$306K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → −0.003%: $3.45
Slippage, 4 orders: −$42.35
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$52.89
Costs to cover: 0.563%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 38 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, 3 min ago	1.67 bp	16.1 bp −$16	135.6 bp −$1,356	doesn't fit	doesn't fit
Sell MEXC live order book, 38 min ago	2.52 bp	13.4 bp −$13	39.6 bp −$396	201.2 bp −$20.1K	609.0 bp −$304.5K

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	+0.0075%	4h	0.05953	−0.035%	$190K	$4K	20x	as long as short
Lighter EDEN	+0.0096%	1h	0.05964	+0.150%	$26K	$17K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.05954	−0.011%	$64K	$85K	5x	as long as short
Binance EDENUSDTlong	+0.0100%	4h	0.05955	long leg	$3.4M	$8.8M	20x
OKX EDEN-USDT-SWAP	+0.0100%	4h	0.05964	+0.150%	$670K	$3.1M	20x	as long as short
MEXC EDEN_USDTshort	+0.0100%	4h	0.05957	+0.032%	$541K	$306K	50x
SunX EDEN-USDT	+0.0100%	4h	0.06090	+2.265%	$960	$1.7M	20x	as long as short
Gate EDEN_USDT	+0.0124%	8h	0.05966	+0.183%	$210K	$486K	20x	as long as short
KuCoin EDENUSDTM	+0.0408%	4h	0.05963	+0.133%	$1.3M	$7.6M	20x	as long as short
Bybit EDENUSDT	+0.0809%	4h	0.05957	+0.032%	$1.5M	$1.1M	20x	as long as short