Funding you earn now, next payment 04:00 UTC−0.0796%/8h= −87.2% APRnext payment −$3.98 per $10,000 · paid last 24h −0.142%
Price spread now: BloFin against KuCoin−0.115%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2392.394% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)+0.459%+$46 · spread now −0.115%, 7d avg −0.040%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and BloFin is 0.075% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.98 per $10,000. 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 | KuCoin EDENUSDTM | 0.06071 | 0.0844 | pay 0.0422% / 4h | 1h 12m | $1.3M | $7.5M | 20x |
| Short | BloFin EDEN-USDT | 0.06064 | 0.0048 | get 0.0024% / 4h | 1h 12m | $203K | $5K | 20x |
KuCoin EDENUSDTM
BloFin EDEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$167.17
- Price spread: −0.115% → −0.040%
- −$7.48
- Slippage, 4 orders
- −$215.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$414.08
- Costs to cover
- 2.394%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 25 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 KuCoin live order book, 5 min ago | 4.93 bp | 174.5 bp −$174 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 25 min ago | 1.66 bp | 20.3 bp −$20 | 53.1 bp −$531 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDEN-USDTshort | +0.0048% | 4h | 0.06064 | −0.115% | $203K | $5K | 20x | |
| Lighter EDEN | +0.0096% | 1h | 0.06075 | +0.066% | $26K | $16K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06074 | +0.049% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06070 | −0.016% | $3.6M | $9.1M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06061 | −0.165% | $579K | $325K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06200 | +2.125% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0125% | 4h | 0.06079 | +0.132% | $715K | $3.3M | 20x | as long as short |
| Gate EDEN_USDT | +0.0492% | 8h | 0.06075 | +0.066% | $218K | $490K | 20x | as long as short |
| KuCoin EDENUSDTMlong | +0.0844% | 4h | 0.06071 | long leg | $1.3M | $7.5M | 20x | |
| Bybit EDENUSDT | +0.1099% | 4h | 0.06071 | 0.000% | $1.6M | $1.3M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
Bybit EDENUSDT