Funding you earn now, next payment 00:00 UTC−0.0506%/8h= −55.4% APRnext payment −$2.53 per $10,000 · paid last 24h −0.110%
Price spread now: MEXC against Bybit−0.017%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1721.720% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)−0.217%−$22 · spread now −0.017%, 7d avg −0.100%
=The price spread pays, funding is against you. MEXC is 0.084% dearer against Bybit than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.100%): +$8 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.214% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.214% in total (about -11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.53 per $10,000. 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 | Bybit EDENUSDT | 0.05997 | 0.0606 | pay 0.0303% / 4h | 43m 59s | $1.5M | $1.1M | 20x |
| Short | MEXC EDEN_USDT | 0.05996 | 0.0100 | get 0.0050% / 4h | 43m 59s | $542K | $304K | 50x |
Bybit EDENUSDT
MEXC EDEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- −$106.17
- Price spread: −0.017% → −0.100%
- $8.36
- Slippage, 4 orders
- −$157.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$269.85
- Costs to cover
- 1.720%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 26 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 Bybit live order book, 2 min ago | 6.68 bp | 86.5 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 0.83 bp | 9.5 bp −$10 | 31.6 bp −$316 | 240.1 bp −$24.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDEN-USDT | +0.0072% | 4h | 0.05995 | −0.033% | $194K | $4K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.05996 | −0.017% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05988 | −0.150% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.05998 | +0.010% | $3.5M | $8.9M | 20x | as long as short |
| MEXC EDEN_USDTshort | +0.0100% | 4h | 0.05996 | −0.017% | $542K | $304K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06110 | +1.884% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0257% | 4h | 0.06003 | +0.100% | $671K | $3.2M | 20x | as long as short |
| Gate EDEN_USDT | +0.0400% | 8h | 0.05996 | −0.017% | $211K | $486K | 20x | as long as short |
| Bybit EDENUSDTlong | +0.0606% | 4h | 0.05997 | long leg | $1.5M | $1.1M | 20x | |
| KuCoin EDENUSDTM | +0.0850% | 4h | 0.05999 | +0.033% | $1.3M | $7.6M | 20x | as long as short |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
KuCoin EDENUSDTM