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

EDEN

all EDEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0297%/8h= +32.5% APRnext payment +$1.48 per $10,000 · paid last 24h +0.170%
Price spread now: KuCoin against BloFin+0.183%110s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$470as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4914.909% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.211%+$21 on $10k
Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.183%, 7d avg +0.054%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.128% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.054%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EDEN-USDT0.060240.0081pay 0.0041% / 4h21m 30s$205K$9K20x
ShortKuCoin EDENUSDTM0.060350.0378get 0.0189% / 4h21m 30s$1.3M$7.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$62.34
Price spread: +0.183% → +0.054%
$12.83
Slippage, 4 orders
−$466.88
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$415.71
Costs to cover
4.909%
Break-even
53.7 days
Slippage from BloFin: live order book, 49 min ago; KuCoin: live order book, 7 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 BloFin live order book, 49 min ago7.32 bp16.6 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago5.82 bp49.4 bp −$49doesn'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-USDTlong+0.0081%4h0.06024long leg$205K$9K20x
Lighter EDEN+0.0096%1h0.06021−0.050%$26K$12K3xas long as short
Aster EDENUSDT+0.0100%4h0.06024+0.002%$61K$79K5xas long as short
Binance EDENUSDT+0.0100%4h0.06035+0.179%$3.6M$9.7M20xas long as short
MEXC EDEN_USDT+0.0100%4h0.06037+0.216%$550K$357K50xas long as short
SunX EDEN-USDT+0.0100%4h0.06150+2.092%$899$1.7M20xas long as short
OKX EDEN-USDT-SWAP+0.0182%4h0.06041+0.282%$706K$3.1M20xas long as short
Gate EDEN_USDT+0.0183%8h0.06031+0.116%$220K$484K20xas long as short
KuCoin EDENUSDTMshort+0.0378%4h0.06035+0.183%$1.3M$7.8M20x
Bybit EDENUSDT+0.0800%4h0.06035+0.183%$1.7M$1.4M20xas long as short