Funding you earn now, next payment 04:00 UTC−0.1003%/8h= −109.9% APRnext payment −$5.02 per $10,000 · paid last 24h −0.140%
Price spread now: Binance against Bybit−0.050%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1451.447% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 7 days−0.102%−$10 · spread now −0.050%, 7d avg −0.113%
=The price spread pays, funding is against you. Binance is 0.063% dearer against Bybit than usual: you sell high and buy low (spread −0.050% now, against its 7-day average of −0.113%): +$6 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.236% in total) that is about 45 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.236% in total (about -12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.02 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 | Bybit EDENUSDT | 0.06059 | 0.1103 | pay 0.0552% / 4h | 1h 15m | $1.6M | $1.3M | 20x |
| Short | Binance EDENUSDT | 0.06056 | 0.0100 | get 0.0050% / 4h | 1h 15m | $3.6M | $9.1M | 20x |
Bybit EDENUSDT
Binance EDENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$210.72
- Price spread: −0.050% → −0.113%
- $6.33
- Slippage, 4 orders
- −$123.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$349.14
- Costs to cover
- 1.447%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 9 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 Bybit live order book, 1 min ago | 4.11 bp | 59.5 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.64 bp | 26.1 bp −$26 | 109.7 bp −$1,097 | 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 | 0.06069 | +0.165% | $26K | $16K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06063 | +0.071% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDTshort | +0.0100% | 4h | 0.06056 | −0.050% | $3.6M | $9.1M | 20x | |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06058 | −0.017% | $579K | $324K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06210 | +2.492% | $788 | $1.7M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0115% | 4h | 0.06081 | +0.363% | $200K | $5K | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0138% | 4h | 0.06070 | +0.182% | $715K | $3.3M | 20x | as long as short |
| Gate EDEN_USDT | +0.0506% | 8h | 0.06068 | +0.149% | $217K | $490K | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0860% | 4h | 0.06067 | +0.132% | $1.3M | $7.5M | 20x | as long as short |
| Bybit EDENUSDTlong | +0.1103% | 4h | 0.06059 | long leg | $1.6M | $1.3M | 20x |
Lighter EDEN
Aster EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
BloFin EDEN-USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
KuCoin EDENUSDTM