Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0025%/8h= +2.8% APRpaid last 24h −0.005%

Price spread now: Lighter against BloFin+0.228%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.228% dearer against BloFin than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EDEN-USDT	0.06142	0.0071	pay 0.0035% / 4h	1h 16m	$206K	$6K	20x
Short	Lighter EDEN	0.06156	0.0096	get 0.0012% / 1h	16m 30s	$26K	$12K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee BloFinbpFee LighterbpOrdersPrice spread, now +0.228%Rate

Funding earned: $5.29
Price spread: +0.228% → 0.000%: $22.79
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: $16.09
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 59 min ago; Lighter: no order-book sample. 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 BloFin live order book, 59 min ago	1.64 bp	24.1 bp −$24	87.3 bp −$873	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin EDEN-USDTlong	+0.0071%	4h	0.06142	long leg	$206K	$6K	20x
Lighter EDENshort	+0.0096%	1h	0.06156	+0.228%	$26K	$12K	3x
Aster EDENUSDT	+0.0100%	4h	0.06145	+0.048%	$62K	$80K	5x	as long as short
Binance EDENUSDT	+0.0100%	4h	0.06153	+0.179%	$3.7M	$9.6M	20x	as long as short
MEXC EDEN_USDT	+0.0100%	4h	0.06151	+0.147%	$571K	$344K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06270	+2.084%	$1K	$1.7M	20x	as long as short
OKX EDEN-USDT-SWAP	+0.0398%	4h	0.06160	+0.293%	$730K	$3.3M	20x	as long as short
Gate EDEN_USDT	+0.0427%	8h	0.06148	+0.098%	$222K	$492K	20x	as long as short
KuCoin EDENUSDTM	+0.0932%	4h	0.06157	+0.244%	$1.3M	$7.9M	20x	as long as short
Bybit EDENUSDT	+0.1119%	4h	0.06157	+0.244%	$1.7M	$1.4M	20x	as long as short