Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h −0.168%
Price spread now: BloFin against Bybit−0.376%102s7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$245as 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−$2192.193% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 4 days (all we have)+0.324%+$32 · spread now −0.376%, 7d avg −0.069%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.307% cheaper against Bybit than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.069%). Swap the legs. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EDENUSDT | 0.06109 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $1.7M | $1.4M | 20x |
| Short | BloFin EDEN-USDT | 0.06086 | 0.0084 | get 0.0042% / 4h | 3h 59m | $204K | $14K | 20x |
Bybit EDENUSDT
BloFin EDEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$3.34
- Price spread: −0.376% → −0.069%
- −$30.73
- Slippage, 4 orders
- −$196.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$253.32
- Costs to cover
- 2.193%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 6 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, 2 min ago | 6.56 bp | 99.0 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.82 bp | 14.4 bp −$14 | 45.0 bp −$450 | 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-USDTshort | +0.0084% | 4h | 0.06086 | −0.376% | $204K | $14K | 20x | |
| Lighter EDEN | +0.0096% | 1h | 0.06097 | −0.196% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06096 | −0.213% | $62K | $79K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06102 | −0.117% | $3.6M | $9.7M | 20x | as long as short |
| Bybit EDENUSDTlong | +0.0100% | 4h | 0.06109 | long leg | $1.7M | $1.4M | 20x | |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06101 | −0.131% | $554K | $354K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06230 | +1.981% | $801 | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0146% | 4h | 0.06111 | +0.033% | $715K | $3.1M | 20x | as long as short |
| Gate EDEN_USDT | +0.0186% | 8h | 0.06095 | −0.229% | $226K | $471K | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0402% | 4h | 0.06104 | −0.082% | $1.3M | $7.8M | 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