Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.50 per $10,000 · paid last 24h +0.202%
Price spread now: Bybit against Binance+0.007%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1671.672% of the position
Funding, last 7 days+0.308%+$31 on $10k
+Price spread, last 7 days+0.119%+$12 · spread now +0.007%, 7d avg +0.112%
=Funding pays, the price is against you. Bybit is 0.105% cheaper against Binance than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.112%). If the spread goes back, that is −$11 on $10k: about 3.5 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EDENUSDT | 0.06100 | 0.0100 | pay 0.0050% / 4h | 48m 37s | $3.5M | $9.3M | 20x |
| Short | Bybit EDENUSDT | 0.06100 | 0.0200 | get 0.0100% / 4h | 48m 37s | $1.7M | $1.3M | 20x |
Binance EDENUSDT
Bybit EDENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $21.09
- Price spread: +0.007% → +0.112%
- −$10.53
- Slippage, 4 orders
- −$146.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$156.64
- Costs to cover
- 1.672%
- Break-even
- 59.0 days
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 1 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 Binance live order book, 14 min ago | 1.63 bp | 17.9 bp −$18 | 96.7 bp −$967 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 9.03 bp | 69.8 bp −$70 | 636.0 bp −$6,360 | doesn't fit | doesn't fit |
EDEN on 10 exchanges
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 | 0.06096 | −0.059% | $24K | $10K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06088 | −0.192% | $63K | $67K | 5x | as long as short |
| Binance EDENUSDTlong | +0.0100% | 4h | 0.06100 | long leg | $3.5M | $9.3M | 20x | |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.06110 | +0.171% | $715K | $2.9M | 20x | as long as short |
| Gate EDEN_USDT | +0.0100% | 8h | 0.06091 | −0.141% | $222K | $439K | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06095 | −0.075% | $532K | $354K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06220 | +1.974% | $890 | $1.5M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0158% | 4h | 0.06093 | −0.108% | $205K | $16K | 20x | as long as short |
| Bybit EDENUSDTshort | +0.0200% | 4h | 0.06100 | +0.007% | $1.7M | $1.3M | 20x | |
| KuCoin EDENUSDTM | +0.0406% | 4h | 0.06092 | −0.125% | $1.4M | $7.8M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
MEXC EDEN_USDT
SunX EDEN-USDT
BloFin EDEN-USDT
KuCoin EDENUSDTM