Funding you earn now, next payment 04:00 UTC−0.0644%/8h= −70.5% APRpaid last 24h −0.048%
Price spread now: Binance against Gate+0.115%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$581as in the Funding arb table
Net, price: spread back to 7d avg − costs−$560as in the Price arb table
costs, in and out, $10k−$5745.744% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.267%+$27 · spread now +0.115%, 7d avg −0.029%
=The price spread pays, funding is against you. Binance is 0.144% dearer against Gate than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of −0.029%): +$14 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.068% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.5% 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 | Gate EDEN_USDT | 0.06061 | 0.0744 | pay 0.0744% / 8h | 5h 44m | $219K | $477K | 20x |
| Short | Binance EDENUSDT | 0.06068 | 0.0100 | get 0.0050% / 4h | 1h 44m | $3.6M | $9.1M | 20x |
Gate EDEN_USDT
Binance EDENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$135.24
- Price spread: +0.115% → −0.029%
- $14.44
- Slippage, 4 orders
- −$549.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$695.22
- Costs to cover
- 5.744%
- Break-even
- never at this rate
Slippage from Gate: live order book, 17 min ago; Binance: live order book, 10 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 Gate live order book, 17 min ago | 8.24 bp | 254.3 bp −$254 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.65 bp | 17.8 bp −$18 | 55.7 bp −$557 | 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 | 0.06070 | +0.148% | $26K | $16K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06064 | +0.045% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDTshort | +0.0100% | 4h | 0.06068 | +0.115% | $3.6M | $9.1M | 20x | |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06067 | +0.099% | $545K | $314K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06200 | +2.293% | $1K | $1.7M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0116% | 4h | 0.06059 | −0.033% | $202K | $5K | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0177% | 4h | 0.06077 | +0.264% | $708K | $3.3M | 20x | as long as short |
| Gate EDEN_USDTlong | +0.0744% | 8h | 0.06061 | long leg | $219K | $477K | 20x | |
| KuCoin EDENUSDTM | +0.1026% | 4h | 0.06065 | +0.066% | $1.3M | $7.5M | 20x | as long as short |
| Bybit EDENUSDT | +0.1380% | 4h | 0.06070 | +0.148% | $1.6M | $1.3M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
BloFin EDEN-USDT
OKX EDEN-USDT-SWAP
KuCoin EDENUSDTM
Bybit EDENUSDT