Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%

Price spread now: OKX against Binance+0.167%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1401.402% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days−0.117%−$12 · spread now +0.167%, 7d avg +0.067%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.100% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDENUSDT	0.06003	0.0100	pay 0.0050% / 4h	3h 45m	$3.5M	$9.0M	20x
Short	OKX EDEN-USDT-SWAP	0.06013	0.0100	get 0.0050% / 4h	3h 45m	$707K	$3.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now +0.167%Rate

Funding earned: $0
Price spread: +0.167% → +0.067%: $9.97
Slippage, 4 orders: −$120.2
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$130.22
Costs to cover: 1.402%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; OKX: 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 Binance live order book, 9 min ago	2.49 bp	18.1 bp −$18	336.4 bp −$3,364	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.50 bp	54.2 bp −$54	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	0.06005	+0.033%	$26K	$12K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.06003	−0.001%	$63K	$80K	5x	as long as short
Binance EDENUSDTlong	+0.0100%	4h	0.06003	long leg	$3.5M	$9.0M	20x
OKX EDEN-USDT-SWAPshort	+0.0100%	4h	0.06013	+0.167%	$707K	$3.1M	20x
MEXC EDEN_USDT	+0.0100%	4h	0.06002	−0.017%	$600K	$321K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06130	+2.116%	$986	$1.7M	20x	as long as short
BloFin EDEN-USDT	+0.0121%	4h	0.06000	−0.050%	$199K	$5K	20x	as long as short
Bybit EDENUSDT	+0.0199%	4h	0.06008	+0.083%	$1.6M	$1.3M	20x	as long as short
Gate EDEN_USDT	+0.0505%	8h	0.06000	−0.050%	$216K	$486K	20x	as long as short
KuCoin EDENUSDTM	+0.0956%	4h	0.06005	+0.033%	$1.3M	$7.5M	20x	as long as short