Funding you earn now, next payment 00:00 UTC−0.0401%/8h= −43.9% APRnext payment −$2.00 per $10,000 · paid last 24h −0.110%
Price spread now: MEXC against Bybit−0.268%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1411.407% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.268%, 7d avg −0.100%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and MEXC is 0.168% cheaper against Bybit than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.100%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.214% in total (about -11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.00 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 | 0.05971 | 0.0501 | pay 0.0250% / 4h | 2h 28m | $1.5M | $1.0M | 20x |
| Short | MEXC EDEN_USDT | 0.05955 | 0.0100 | get 0.0050% / 4h | 2h 28m | $545K | $306K | 50x |
Bybit EDENUSDT
MEXC EDEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$84.16
- Price spread: −0.268% → −0.100%
- −$16.83
- Slippage, 4 orders
- −$125.69
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$241.69
- Costs to cover
- 1.407%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 55 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, 3 min ago | 1.68 bp | 41.5 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 55 min ago | 0.83 bp | 10.6 bp −$11 | 47.1 bp −$471 | 211.1 bp −$21.1K | 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-USDT | +0.0079% | 4h | 0.05948 | −0.385% | $191K | $4K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.05962 | −0.151% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05954 | −0.282% | $64K | $84K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.05959 | −0.201% | $3.4M | $8.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.05965 | −0.100% | $666K | $3.1M | 20x | as long as short |
| Gate EDEN_USDT | +0.0100% | 8h | 0.05948 | −0.385% | $210K | $486K | 20x | as long as short |
| MEXC EDEN_USDTshort | +0.0100% | 4h | 0.05955 | −0.268% | $545K | $306K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06090 | +1.993% | $1K | $1.7M | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0198% | 4h | 0.05954 | −0.285% | $1.3M | $7.5M | 20x | as long as short |
| Bybit EDENUSDTlong | +0.0501% | 4h | 0.05971 | long leg | $1.5M | $1.0M | 20x |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
SunX EDEN-USDT
KuCoin EDENUSDTM