EDEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0293%/8h= +32.1% APRnext payment +$1.46 per $10,000 · paid last 24h +0.002%

Price spread now: Bybit against KuCoin+0.151%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$710as in the Funding arb table

Net, price: spread back to 7d avg − costs−$709as in the Price arb table

costs, in and out, $10k−$7207.196% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 7 days−0.148%−$15 · spread now +0.151%, 7d avg +0.040%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bybit is 0.111% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.040%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 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	0.05954	0.0208	pay 0.0104% / 4h	2h 27m	$1.3M	$7.6M	20x
Short	Bybit EDENUSDT	0.05963	0.0501	get 0.0250% / 4h	2h 27m	$1.5M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now +0.151%Rate

Funding earned: $61.48
Price spread: +0.151% → +0.040%: $11.07
Slippage, 4 orders: −$696.6
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$647.05
Costs to cover: 7.196%
Break-even: 80.7 days

Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 3 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	3.35 bp	546.5 bp −$546	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.68 bp	78.7 bp −$79	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
BloFin EDEN-USDT	+0.0079%	4h	0.05948	−0.101%	$191K	$4K	20x	as long as short
Lighter EDEN	+0.0096%	1h	0.05963	+0.151%	$26K	$17K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.05955	+0.019%	$64K	$84K	5x	as long as short
Binance EDENUSDT	+0.0100%	4h	0.05959	+0.084%	$3.4M	$8.7M	20x	as long as short
OKX EDEN-USDT-SWAP	+0.0100%	4h	0.05965	+0.185%	$666K	$3.1M	20x	as long as short
Gate EDEN_USDT	+0.0100%	8h	0.05951	−0.050%	$210K	$486K	20x	as long as short
MEXC EDEN_USDT	+0.0100%	4h	0.05960	+0.101%	$545K	$306K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06090	+2.284%	$1K	$1.7M	20x	as long as short
KuCoin EDENUSDTMlong	+0.0208%	4h	0.05954	long leg	$1.3M	$7.6M	20x
Bybit EDENUSDTshort	+0.0501%	4h	0.05963	+0.151%	$1.5M	$1.0M	20x