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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EDEN_USDT | 0.05967 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $546K | $306K | 50x |
| Short | Bybit EDENUSDT | 0.05980 | 0.0436 | get 0.0218% / 4h | 2h 34m | $1.5M | $1.0M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 49 min ago | 0.83 bp | 9.8 bp −$10 | 41.0 bp −$410 | 198.5 bp −$19.9K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.71 bp | 66.8 bp −$67 | 652.7 bp −$6,527 | 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 | +0.0077% | 4h | 0.05947 | −0.335% | $191K | $5K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.05968 | +0.017% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05959 | −0.138% | $64K | $84K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.05964 | −0.050% | $3.4M | $8.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.05971 | +0.067% | $665K | $3.1M | 20x | as long as short |
| Gate EDEN_USDT | +0.0100% | 8h | 0.05966 | −0.017% | $211K | $486K | 20x | as long as short |
| MEXC EDEN_USDTlong | +0.0100% | 4h | 0.05967 | long leg | $546K | $306K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06100 | +2.229% | $1K | $1.7M | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0252% | 4h | 0.05970 | +0.050% | $1.3M | $7.5M | 20x | as long as short |
| Bybit EDENUSDTshort | +0.0436% | 4h | 0.05980 | +0.218% | $1.5M | $1.0M | 20x |
MEXC EDEN_USDT
Bybit EDENUSDT
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
SunX EDEN-USDT
KuCoin EDENUSDTM