Funding you earn now, next payment 08:00 UTC−0.0359%/8h= −39.3% APRnext payment −$1.79 per $10,000 · paid last 24h −0.039%
Price spread now: Binance against OKX−0.261%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1471.470% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 7 days+0.218%+$22 · spread now −0.261%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Binance is 0.193% cheaper against OKX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.79 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 | OKX EDEN-USDT-SWAP | 0.06141 | 0.0459 | pay 0.0229% / 4h | 1h 59m | $724K | $3.2M | 20x |
| Short | Binance EDENUSDT | 0.06125 | 0.0100 | get 0.0050% / 4h | 1h 59m | $3.6M | $9.3M | 20x |
OKX EDEN-USDT-SWAP
Binance EDENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$75.33
- Price spread: −0.261% → −0.068%
- −$19.3
- Slippage, 4 orders
- −$126.96
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$241.6
- Costs to cover
- 1.470%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 10 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 OKX live order book, 3 min ago | 2.45 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.64 bp | 15.4 bp −$15 | 48.1 bp −$481 | 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 | +0.0082% | 4h | 0.06110 | −0.505% | $205K | $6K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.06124 | −0.277% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06116 | −0.403% | $64K | $78K | 5x | as long as short |
| Binance EDENUSDTshort | +0.0100% | 4h | 0.06125 | −0.261% | $3.6M | $9.3M | 20x | |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06124 | −0.277% | $583K | $333K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06250 | +1.775% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAPlong | +0.0459% | 4h | 0.06141 | long leg | $724K | $3.2M | 20x | |
| Gate EDEN_USDT | +0.0575% | 8h | 0.06115 | −0.423% | $219K | $481K | 20x | as long as short |
| Bybit EDENUSDT | +0.1167% | 4h | 0.06130 | −0.179% | $1.7M | $1.4M | 20x | as long as short |
| KuCoin EDENUSDTM | +0.1226% | 4h | 0.06126 | −0.244% | $1.3M | $7.8M | 20x | as long as short |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
Gate EDEN_USDT
Bybit EDENUSDT
KuCoin EDENUSDTM