Funding you earn now, next payment 04:00 UTC+0.0579%/8h= +63.4% APRpaid last 24h +0.048%
Price spread now: Gate against Binance−0.074%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$501as in the Funding arb table
Net, price: spread back to 7d avg − costs−$518as in the Price arb table
costs, in and out, $10k−$5085.079% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.074%, 7d avg +0.023%
=Funding pays, the price is against you. Gate is 0.098% cheaper against Binance than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.023%). If the spread goes back, that is −$10 on $10k: about 14 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.068% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.6% 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 | Binance EDENUSDT | 0.06050 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $3.5M | $9.1M | 20x |
| Short | Gate EDEN_USDT | 0.06045 | 0.0679 | get 0.0679% / 8h | 6h 01m | $218K | $500K | 20x |
Binance EDENUSDT
Gate EDEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $121.59
- Price spread: −0.074% → +0.023%
- −$9.8
- Slippage, 4 orders
- −$482.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$396.1
- Costs to cover
- 5.079%
- Break-even
- 29.8 days
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 64 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, 8 min ago | 1.67 bp | 13.8 bp −$14 | 191.8 bp −$1,918 | doesn't fit | doesn't fit |
| Sell Gate live order book, 64 min ago | 8.28 bp | 160.5 bp −$160 | doesn't fit | doesn't fit | doesn't fit |
EDEN on 9 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 | 0.06054 | +0.074% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06027 | −0.374% | $63K | $85K | 5x | as long as short |
| Binance EDENUSDTlong | +0.0100% | 4h | 0.06050 | long leg | $3.5M | $9.1M | 20x | |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06050 | +0.008% | $546K | $319K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06160 | +1.826% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0227% | 4h | 0.06059 | +0.157% | $698K | $3.3M | 20x | as long as short |
| Gate EDEN_USDTshort | +0.0679% | 8h | 0.06045 | −0.074% | $218K | $500K | 20x | |
| KuCoin EDENUSDTM | +0.0998% | 4h | 0.06049 | −0.008% | $1.3M | $7.5M | 20x | as long as short |
| Bybit EDENUSDT | +0.1433% | 4h | 0.06053 | +0.058% | $1.6M | $1.2M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
KuCoin EDENUSDTM
Bybit EDENUSDT