Funding you earn now, next payment 04:00 UTC+0.0602%/8h= +65.9% APRpaid last 24h +0.093%
Price spread now: Bybit against Gate+0.166%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$542as in the Funding arb table
Net, price: spread back to 7d avg − costs−$549as in the Price arb table
costs, in and out, $10k−$5595.592% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 4 days (all we have)+0.311%+$31 · spread now +0.166%, 7d avg +0.068%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Bybit is 0.098% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.068%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.8% 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 | 0.06007 | 0.0353 | pay 0.0353% / 8h | 4h 54m | $216K | $467K | 20x |
| Short | Bybit EDENUSDT | 0.06017 | 0.0955 | get 0.0477% / 4h | 54m 28s | $1.6M | $1.3M | 20x |
Gate EDEN_USDT
Bybit EDENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $126.38
- Price spread: +0.166% → +0.068%
- $9.85
- Slippage, 4 orders
- −$533.18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$422.95
- Costs to cover
- 5.592%
- Break-even
- 30.4 days
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 2 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, 1 min ago | 6.64 bp | 167.8 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 7.46 bp | 69.3 bp −$69 | 519.6 bp −$5,196 | 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 | 0.06011 | +0.067% | $26K | $15K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06005 | −0.027% | $63K | $84K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06006 | −0.014% | $3.5M | $9.1M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.06021 | +0.233% | $704K | $3.3M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06010 | +0.050% | $569K | $321K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06150 | +2.381% | $1K | $1.7M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0160% | 4h | 0.06017 | +0.166% | $202K | $5K | 20x | as long as short |
| Gate EDEN_USDTlong | +0.0353% | 8h | 0.06007 | long leg | $216K | $467K | 20x | |
| KuCoin EDENUSDTM | +0.0744% | 4h | 0.06010 | +0.050% | $1.3M | $7.5M | 20x | as long as short |
| Bybit EDENUSDTshort | +0.0955% | 4h | 0.06017 | +0.166% | $1.6M | $1.3M | 20x |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
MEXC EDEN_USDT
SunX EDEN-USDT
BloFin EDEN-USDT
KuCoin EDENUSDTM