Settings8H · net · $10k
Funding arb · Price arb /

EDEN

all EDEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0337%/8h= +36.9% APRpaid last 24h +0.045%
Price spread now: Gate against BloFin+0.131%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$499as in the Funding arb table
Net, price: spread back to 7d avg − costs−$490as in the Price arb table
costs, in and out, $10k−$5055.049% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 3 days (all we have)−0.200%−$20 · spread now +0.131%, 7d avg −0.014%
Together, before fees−0.137%−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Gate is 0.145% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.014%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.064% in total (about 3.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EDEN-USDT0.060860.0153pay 0.0076% / 4h3h 29m$197K$5K20x
ShortGate EDEN_USDT0.060940.0490get 0.0490% / 8h7h 29m$216K$477K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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

Funding earned
$70.79
Price spread: +0.131% → −0.014%
$14.51
Slippage, 4 orders
−$477.93
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$419.63
Costs to cover
5.049%
Break-even
48.5 days
Slippage from BloFin: live order book, 35 min ago; Gate: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 35 min ago6.61 bp18.6 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 42 min ago10.79 bp254.4 bp −$254doesn't fitdoesn't fitdoesn't fit

EDEN on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter EDEN+0.0096%1h0.06095+0.148%$26K$17K3xas long as short
Aster EDENUSDT+0.0100%4h0.06081−0.079%$64K$85K5xas long as short
Binance EDENUSDT+0.0100%4h0.06092+0.099%$3.5M$9.0M20xas long as short
MEXC EDEN_USDT+0.0100%4h0.06093+0.115%$546K$307K50xas long as short
SunX EDEN-USDT+0.0100%4h0.06220+2.202%$943$1.7M20xas long as short
BloFin EDEN-USDTlong+0.0153%4h0.06086long leg$197K$5K20x
OKX EDEN-USDT-SWAP+0.0276%4h0.06101+0.246%$681K$3.3M20xas long as short
Gate EDEN_USDTshort+0.0490%8h0.06094+0.131%$216K$477K20x
KuCoin EDENUSDTM+0.0890%4h0.06094+0.131%$1.3M$7.6M20xas long as short
Bybit EDENUSDT+0.1762%4h0.06105+0.312%$1.6M$1.2M20xas long as short