Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h −0.009%

Price spread now: OKX against Gate+0.149%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$499as in the Funding arb table

Net, price: spread back to 7d avg − costs−$489as in the Price arb table

costs, in and out, $10k−$4994.989% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.149%, 7d avg +0.055%

Together, before fees−0.052%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.094% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate EDEN_USDT	0.06030	0.0155	pay 0.0155% / 8h	7h 16m	$214K	$483K	20x
Short	OKX EDEN-USDT-SWAP	0.06039	0.0252	get 0.0126% / 4h	3h 16m	$686K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee OKXbpOrdersPrice spread, now +0.149%Rate

Funding earned: $20.34
Price spread: +0.149% → +0.055%: $9.42
Slippage, 4 orders: −$473.89
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$469.13
Costs to cover: 4.989%
Break-even: 168.4 days

Slippage from Gate: live order book, 54 min ago; OKX: live order book, 1 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, 54 min ago	10.79 bp	197.5 bp −$197	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.65 bp	22.0 bp −$22	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
Lighter EDEN	+0.0096%	1h	0.06033	+0.050%	$26K	$17K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.06023	−0.108%	$63K	$86K	5x	as long as short
Binance EDENUSDT	+0.0100%	4h	0.06031	+0.013%	$3.5M	$9.0M	20x	as long as short
MEXC EDEN_USDT	+0.0100%	4h	0.06030	0.000%	$540K	$309K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06160	+2.156%	$1K	$1.7M	20x	as long as short
BloFin EDEN-USDT	+0.0151%	4h	0.06029	−0.017%	$199K	$5K	20x	as long as short
Gate EDEN_USDTlong	+0.0155%	8h	0.06030	long leg	$214K	$483K	20x
OKX EDEN-USDT-SWAPshort	+0.0252%	4h	0.06039	+0.149%	$686K	$3.3M	20x
KuCoin EDENUSDTM	+0.0844%	4h	0.06033	+0.050%	$1.3M	$7.5M	20x	as long as short
Bybit EDENUSDT	+0.1835%	4h	0.06033	+0.050%	$1.6M	$1.2M	20x	as long as short