Funding you earn now, next payment 00:00 UTC−0.0218%/8h= −23.9% APRpaid last 24h −0.024%
Price spread now: BloFin against Gate−0.334%48s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$315as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3153.146% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.486%+$49 · spread now −0.334%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.348% cheaper against Gate than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of +0.014%). Swap the legs. The two prices were read 48 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 -0.009% in total (about -0.5% 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 | 0.05995 | 0.0361 | pay 0.0361% / 8h | 1h 12m | $210K | $486K | 20x |
| Short | BloFin EDEN-USDT | 0.05975 | 0.0143 | get 0.0072% / 4h | 1h 12m | $192K | $4K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$45.78
- Price spread: −0.334% → +0.014%
- −$34.76
- Slippage, 4 orders
- −$287.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$395.1
- Costs to cover
- 3.146%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 62 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, 3 min ago | 10.00 bp | 61.7 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 62 min ago | 1.68 bp | 13.1 bp −$13 | 40.1 bp −$401 | 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 | 0.05984 | −0.183% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05980 | −0.246% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.05998 | +0.050% | $3.5M | $8.8M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.06001 | +0.100% | $677K | $3.2M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.05993 | −0.033% | $541K | $307K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06100 | +1.751% | $924 | $1.7M | 20x | as long as short |
| BloFin EDEN-USDTshort | +0.0143% | 4h | 0.05975 | −0.334% | $192K | $4K | 20x | |
| Gate EDEN_USDTlong | +0.0361% | 8h | 0.05995 | long leg | $210K | $486K | 20x | |
| KuCoin EDENUSDTM | +0.0738% | 4h | 0.05994 | −0.017% | $1.3M | $7.6M | 20x | as long as short |
| Bybit EDENUSDT | +0.0838% | 4h | 0.05996 | +0.017% | $1.5M | $1.1M | 20x | as long as short |
Gate EDEN_USDT
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
MEXC EDEN_USDT
SunX EDEN-USDT
KuCoin EDENUSDTM
Bybit EDENUSDT