Settings8H · net · $10k
Funding arb · Price arb /

EDEN

all EDEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1799%/8h= −197.0% APRnext payment $9.00 per $10,000 · paid last 24h −0.140%
Price spread now: SunX against Bybit+2.098%46s7-day average +2.064% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.184%−$18 on $10k
Price spread, last 3 days (all we have)−0.054%−$5 · spread now +2.098%, 7d avg +2.064%
Together, before fees−0.238%−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.034% dearer against Bybit than usual: you sell high and buy low (spread +2.098% now, against its 7-day average of +2.064%): +$3 on $10k if it goes back. Holding the pair costs −$54 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.184% in total) that is about 31 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.184% in total (about -9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $9.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EDENUSDT0.060530.1899pay 0.0950% / 4h3h 12m$1.6M$1.2M20x
ShortSunX EDEN-USDT0.061800.0100get 0.0050% / 4h3h 12m$1K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$377.87
Price spread: +2.098% → +2.064%
$3.41
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$393.46
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; SunX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago9.10 bp63.9 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 3 min ago250.20 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

EDEN on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter EDEN+0.0096%1h0.06054+0.017%$26K$17K3xas long as short
Aster EDENUSDT+0.0100%4h0.06045−0.136%$64K$86K5xas long as short
Binance EDENUSDT+0.0100%4h0.06045−0.138%$3.5M$9.1M20xas long as short
MEXC EDEN_USDT+0.0100%4h0.06045−0.132%$542K$310K50xas long as short
SunX EDEN-USDTshort+0.0100%4h0.06180+2.098%$1K$1.7M20x
Gate EDEN_USDT+0.0109%8h0.06059+0.099%$215K$485K20xas long as short
BloFin EDEN-USDT+0.0144%4h0.06050−0.050%$198K$5K20xas long as short
OKX EDEN-USDT-SWAP+0.0242%4h0.06059+0.099%$686K$3.3M20xas long as short
KuCoin EDENUSDTM+0.0828%4h0.06052−0.017%$1.3M$7.5M20xas long as short
Bybit EDENUSDTlong+0.1899%4h0.06053long leg$1.6M$1.2M20x