Funding you earn now, next payment 04:00 UTC+0.0415%/8h= +45.4% APRpaid last 24h +0.048%
Price spread now: Gate against SunX−2.399%7-day average −2.128% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −2.399%, 7d avg −2.128%
=Funding pays, the price is against you. Gate is 0.270% cheaper against SunX than usual: you would sell low and buy high (spread −2.399% now, against its 7-day average of −2.128%). If the spread goes back, that is −$27 on $10k: about 2.2 days of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.017% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% a year). A funding rate is set anew for every payment. 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 | SunX EDEN-USDT | 0.06170 | 0.0100 | pay 0.0050% / 4h | 31m 01s | $1K | $1.7M | 20x |
| Short | Gate EDEN_USDT | 0.06022 | 0.0515 | get 0.0515% / 8h | 4h 31m | $218K | $472K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SunX. 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
- $87.15
- Price spread: −2.399% → −2.128%
- −$27.04
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $37.11
- Costs to cover
- 0.230%
- Break-even
- 4.0 days
Slippage unknown: SunX: live order book, 4 min ago; Gate: live order book, 25 min ago. Net counts fees only.
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 SunX live order book, 4 min ago | 252.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 6.64 bp | 253.2 bp −$253 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDEN | +0.0096% | 1h | 0.06038 | −2.139% | $26K | $15K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06025 | −2.343% | $63K | $81K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06037 | −2.156% | $3.5M | $9.0M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.06047 | −1.994% | $712K | $3.3M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06036 | −2.172% | $586K | $327K | 50x | as long as short |
| SunX EDEN-USDTlong | +0.0100% | 4h | 0.06170 | long leg | $1K | $1.7M | 20x | |
| BloFin EDEN-USDT | +0.0113% | 4h | 0.06037 | −2.156% | $201K | $5K | 20x | as long as short |
| Gate EDEN_USDTshort | +0.0515% | 8h | 0.06022 | −2.399% | $218K | $472K | 20x | |
| Bybit EDENUSDT | +0.0904% | 4h | 0.06041 | −2.091% | $1.6M | $1.3M | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0928% | 4h | 0.06035 | −2.188% | $1.3M | $7.4M | 20x | as long as short |
SunX EDEN-USDT
Gate EDEN_USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
MEXC EDEN_USDT
BloFin EDEN-USDT
Bybit EDENUSDT
KuCoin EDENUSDTM