Funding you earn now, next payment 00:00 UTC−0.0512%/8h= −56.1% APRpaid last 24h −0.086%
Price spread now: Gate against Bybit−0.133%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$508as in the Funding arb table
Net, price: spread back to 7d avg − costs−$494as in the Price arb table
costs, in and out, $10k−$4884.878% of the position
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)−0.344%−$34 · spread now −0.133%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Gate is 0.058% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.204% in total (about -10.7% a year). A funding rate is set anew for every payment. 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 | 0.05995 | 0.0719 | pay 0.0360% / 4h | 2h 57m | $1.5M | $1.0M | 20x |
| Short | Gate EDEN_USDT | 0.05987 | 0.0207 | get 0.0207% / 8h | 2h 57m | $213K | $481K | 20x |
Bybit EDENUSDT
Gate EDEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$107.52
- Price spread: −0.133% → −0.075%
- −$5.84
- Slippage, 4 orders
- −$461.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$601.14
- Costs to cover
- 4.878%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 0.83 bp | 55.6 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 6.66 bp | 201.7 bp −$202 | 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 | 0.05988 | −0.117% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05973 | −0.367% | $64K | $83K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.05989 | −0.104% | $3.5M | $8.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.05987 | −0.133% | $668K | $3.1M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.05990 | −0.083% | $565K | $287K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06110 | +1.918% | $1K | $1.7M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0111% | 4h | 0.05990 | −0.083% | $194K | $5K | 20x | as long as short |
| Gate EDEN_USDTshort | +0.0207% | 8h | 0.05987 | −0.133% | $213K | $481K | 20x | |
| KuCoin EDENUSDTM | +0.0672% | 4h | 0.05994 | −0.017% | $1.3M | $7.6M | 20x | as long as short |
| Bybit EDENUSDTlong | +0.0719% | 4h | 0.05995 | long leg | $1.5M | $1.0M | 20x |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
MEXC EDEN_USDT
SunX EDEN-USDT
BloFin EDEN-USDT
KuCoin EDENUSDTM