Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h +0.024%

Price spread now: Gate against BloFin+0.134%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$537as in the Funding arb table

Net, price: spread back to 7d avg − costs−$523as in the Price arb table

costs, in and out, $10k−$5385.380% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 3 days (all we have)−0.306%−$31 · spread now +0.134%, 7d avg −0.017%

Together, before fees−0.297%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.151% dearer against BloFin than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of −0.017%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EDEN-USDT	0.05973	0.0124	pay 0.0062% / 4h	1h 53m	$191K	$4K	20x
Short	Gate EDEN_USDT	0.05981	0.0100	get 0.0100% / 8h	1h 53m	$209K	$484K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now +0.134%Rate

Funding earned: −$5.08
Price spread: +0.134% → −0.017%: $15.11
Slippage, 4 orders: −$511.03
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$528
Costs to cover: 5.380%
Break-even: never at this rate

Slippage from BloFin: live order book, 21 min ago; Gate: live order book, 28 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, 21 min ago	1.68 bp	19.5 bp −$19	67.1 bp −$671	doesn't fit	doesn't fit
Sell Gate live order book, 28 min ago	10.05 bp	240.6 bp −$241	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
Lighter EDEN	+0.0096%	1h	0.05977	+0.067%	$26K	$17K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.05974	+0.019%	$64K	$85K	5x	as long as short
Binance EDENUSDT	+0.0100%	4h	0.05968	−0.082%	$3.4M	$8.7M	20x	as long as short
OKX EDEN-USDT-SWAP	+0.0100%	4h	0.05973	0.000%	$667K	$3.2M	20x	as long as short
Gate EDEN_USDTshort	+0.0100%	8h	0.05981	+0.134%	$209K	$484K	20x
MEXC EDEN_USDT	+0.0100%	4h	0.05969	−0.067%	$546K	$303K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06100	+2.126%	$1K	$1.7M	20x	as long as short
BloFin EDEN-USDTlong	+0.0124%	4h	0.05973	long leg	$191K	$4K	20x
KuCoin EDENUSDTM	+0.0318%	4h	0.05972	−0.017%	$1.3M	$7.6M	20x	as long as short
Bybit EDENUSDT	+0.0796%	4h	0.05982	+0.151%	$1.5M	$1.0M	20x	as long as short