Funding you earn now, next payment 00:00 UTC−0.0532%/8h= −58.3% APRnext payment −$2.66 per $10,000 · paid last 24h −0.107%
Price spread now: MEXC against KuCoin−0.033%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$387as in the Funding arb table
Net, price: spread back to 7d avg − costs−$370as in the Price arb table
costs, in and out, $10k−$3753.745% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.033%, 7d avg −0.076%
=The price spread pays, funding is against you. MEXC is 0.042% dearer against KuCoin than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.076%): +$4 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.121% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.66 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 | 0.05985 | 0.0632 | pay 0.0316% / 4h | 1h 15m | $1.3M | $7.6M | 20x |
| Short | MEXC EDEN_USDT | 0.05983 | 0.0100 | get 0.0050% / 4h | 1h 15m | $540K | $307K | 50x |
KuCoin EDENUSDTM
MEXC EDEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$111.72
- Price spread: −0.033% → −0.076%
- $4.22
- Slippage, 4 orders
- −$358.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$482.01
- Costs to cover
- 3.745%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 59 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, 2 min ago | 5.85 bp | 310.4 bp −$310 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 59 min ago | 2.52 bp | 13.4 bp −$13 | 39.6 bp −$396 | 201.2 bp −$20.1K | 609.0 bp −$304.5K |
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 | 0.05986 | +0.017% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05974 | −0.179% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.05984 | −0.010% | $3.5M | $8.8M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.05991 | +0.100% | $676K | $3.2M | 20x | as long as short |
| MEXC EDEN_USDTshort | +0.0100% | 4h | 0.05983 | −0.033% | $540K | $307K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06100 | +1.921% | $1K | $1.7M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0120% | 4h | 0.05977 | −0.134% | $192K | $4K | 20x | as long as short |
| Gate EDEN_USDT | +0.0293% | 8h | 0.05984 | −0.017% | $210K | $486K | 20x | as long as short |
| KuCoin EDENUSDTMlong | +0.0632% | 4h | 0.05985 | long leg | $1.3M | $7.6M | 20x | |
| Bybit EDENUSDT | +0.0771% | 4h | 0.05986 | +0.017% | $1.5M | $1.1M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
SunX EDEN-USDT
BloFin EDEN-USDT
Gate EDEN_USDT
Bybit EDENUSDT