Settings8H · net · $10k
Funding arb · Price arb /

EDEN

all EDEN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.110%
Price spread now: Bybit against MEXC+0.218%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.214%+$21 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.218%, 7d avg +0.100%
Together, before fees+0.311%+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.118% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.100%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.214% in total (about 11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EDEN_USDT0.059670.0100pay 0.0050% / 4h2h 34m$546K$306K50x
ShortBybit EDENUSDT0.059800.0436get 0.0218% / 4h2h 34m$1.5M$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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

Funding earned
$70.55
Price spread: +0.218% → +0.100%
$11.82
Slippage, 4 orders
−$134.02
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$66.64
Costs to cover
1.490%
Break-even
13.6 days
Slippage from MEXC: live order book, 49 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 49 min ago0.83 bp9.8 bp −$1041.0 bp −$410198.5 bp −$19.9Kdoesn't fit
Sell Bybit live order book, 2 min ago6.71 bp66.8 bp −$67652.7 bp −$6,527doesn't fitdoesn't fit

EDEN on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EDEN-USDT+0.0077%4h0.05947−0.335%$191K$5K20xas long as short
Lighter EDEN+0.0096%1h0.05968+0.017%$26K$17K3xas long as short
Aster EDENUSDT+0.0100%4h0.05959−0.138%$64K$84K5xas long as short
Binance EDENUSDT+0.0100%4h0.05964−0.050%$3.4M$8.7M20xas long as short
OKX EDEN-USDT-SWAP+0.0100%4h0.05971+0.067%$665K$3.1M20xas long as short
Gate EDEN_USDT+0.0100%8h0.05966−0.017%$211K$486K20xas long as short
MEXC EDEN_USDTlong+0.0100%4h0.05967long leg$546K$306K50x
SunX EDEN-USDT+0.0100%4h0.06100+2.229%$1K$1.7M20xas long as short
KuCoin EDENUSDTM+0.0252%4h0.05970+0.050%$1.3M$7.5M20xas long as short
Bybit EDENUSDTshort+0.0436%4h0.05980+0.218%$1.5M$1.0M20x