Funding you earn now, next payment 00:00 UTC−0.0712%/8h= −77.9% APRnext payment −$3.56 per $10,000 · paid last 24h −0.079%
Price spread now: OKX against Bybit+0.100%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1951.951% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 7 days−0.156%−$16 · spread now +0.100%, 7d avg −0.053%
=The price spread pays, funding is against you. OKX is 0.153% dearer against Bybit than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.053%): +$15 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.147% in total) that is about 7.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.147% in total (about -7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.56 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 | 0.05993 | 0.0832 | pay 0.0416% / 4h | 1h 08m | $1.5M | $1.1M | 20x |
| Short | OKX EDEN-USDT-SWAP | 0.05999 | 0.0120 | get 0.0060% / 4h | 1h 08m | $676K | $3.2M | 20x |
Bybit EDENUSDT
OKX EDEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$149.45
- Price spread: +0.100% → −0.053%
- $15.28
- Slippage, 4 orders
- −$174.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$329.25
- Costs to cover
- 1.951%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 3 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 | 8.34 bp | 93.4 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.34 bp | 16.2 bp −$16 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDEN-USDT | +0.0052% | 4h | 0.05993 | 0.000% | $193K | $4K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.05993 | 0.000% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05979 | −0.228% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.05991 | −0.033% | $3.5M | $8.8M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.05990 | −0.050% | $543K | $308K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06110 | +1.952% | $884 | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAPshort | +0.0120% | 4h | 0.05999 | +0.100% | $676K | $3.2M | 20x | |
| Gate EDEN_USDT | +0.0394% | 8h | 0.05994 | +0.017% | $210K | $488K | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0782% | 4h | 0.05994 | +0.017% | $1.3M | $7.6M | 20x | as long as short |
| Bybit EDENUSDTlong | +0.0832% | 4h | 0.05993 | long leg | $1.5M | $1.1M | 20x |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
Gate EDEN_USDT
KuCoin EDENUSDTM