Funding you earn now, next payment 00:00 UTC+0.0723%/8h= +79.1% APRnext payment +$3.61 per $10,000 · paid last 24h +0.111%
Price spread now: Bybit against BloFin−0.017%52s7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as 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−$1551.548% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.017%, 7d avg +0.055%
=Funding pays, the price is against you. Bybit is 0.072% cheaper against BloFin than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.055%). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.213% in total) that is about 2.4 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.213% in total (about 11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EDEN-USDT | 0.06009 | 0.0041 | pay 0.0021% / 4h | 56m 20s | $194K | $4K | 20x |
| Short | Bybit EDENUSDT | 0.06008 | 0.0764 | get 0.0382% / 4h | 56m 20s | $1.5M | $1.1M | 20x |
BloFin EDEN-USDT
Bybit EDENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $151.78
- Price spread: −0.017% → +0.055%
- −$7.19
- Slippage, 4 orders
- −$131.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$10.25
- Costs to cover
- 1.548%
- Break-even
- 7.5 days
Slippage from BloFin: live order book, 13 min ago; Bybit: live order book, 5 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 BloFin live order book, 13 min ago | 1.67 bp | 11.3 bp −$11 | 61.3 bp −$613 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 8.31 bp | 41.3 bp −$41 | 605.6 bp −$6,056 | 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-USDTlong | +0.0041% | 4h | 0.06009 | long leg | $194K | $4K | 20x | |
| Lighter EDEN | +0.0096% | 1h | 0.06021 | +0.200% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06008 | −0.021% | $65K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06007 | −0.026% | $3.5M | $8.8M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06009 | 0.000% | $544K | $303K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06130 | +2.014% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0241% | 4h | 0.06009 | 0.000% | $678K | $3.2M | 20x | as long as short |
| Gate EDEN_USDT | +0.0448% | 8h | 0.06014 | +0.083% | $209K | $483K | 20x | as long as short |
| Bybit EDENUSDTshort | +0.0764% | 4h | 0.06008 | −0.017% | $1.5M | $1.1M | 20x | |
| KuCoin EDENUSDTM | +0.0880% | 4h | 0.06008 | −0.017% | $1.3M | $7.6M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
KuCoin EDENUSDTM