Funding you earn now, next payment 04:00 UTC−0.0510%/8h= −55.8% APRpaid last 24h −0.048%
Price spread now: Binance against Gate−0.149%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$512as in the Funding arb table
Net, price: spread back to 7d avg − costs−$518as in the Price arb table
costs, in and out, $10k−$5055.050% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.149%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Binance is 0.126% cheaper against Gate than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
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 | Gate EDEN_USDT | 0.06028 | 0.0610 | pay 0.0610% / 8h | 6h 21m | $217K | $497K | 20x |
| Short | Binance EDENUSDT | 0.06019 | 0.0100 | get 0.0050% / 4h | 2h 21m | $3.5M | $9.1M | 20x |
Gate EDEN_USDT
Binance EDENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$107.1
- Price spread: −0.149% → −0.023%
- −$12.58
- Slippage, 4 orders
- −$480
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$624.68
- Costs to cover
- 5.050%
- Break-even
- never at this rate
Slippage from Gate: live order book, 44 min ago; Binance: live order book, 3 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 Gate live order book, 44 min ago | 8.28 bp | 302.0 bp −$302 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.83 bp | 20.6 bp −$21 | 64.5 bp −$645 | 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 | 0.06032 | +0.066% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06011 | −0.284% | $63K | $85K | 5x | as long as short |
| Binance EDENUSDTshort | +0.0100% | 4h | 0.06019 | −0.149% | $3.5M | $9.1M | 20x | |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06018 | −0.166% | $512K | $313K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06160 | +2.190% | $709 | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0210% | 4h | 0.06026 | −0.033% | $688K | $3.3M | 20x | as long as short |
| Gate EDEN_USDTlong | +0.0610% | 8h | 0.06028 | long leg | $217K | $497K | 20x | |
| KuCoin EDENUSDTM | +0.0944% | 4h | 0.06027 | −0.017% | $1.3M | $7.5M | 20x | as long as short |
| Bybit EDENUSDT | +0.1795% | 4h | 0.06024 | −0.066% | $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