Funding you earn now, next payment 04:00 UTC−0.0443%/8h= −48.5% APRpaid last 24h −0.045%
Price spread now: BloFin against Gate−0.050%108s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$466as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4594.592% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.050%, 7d avg +0.001%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and BloFin is 0.051% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.001%). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EDEN_USDT | 0.06051 | 0.0599 | pay 0.0599% / 8h | 4h 17m | $219K | $473K | 20x |
| Short | BloFin EDEN-USDT | 0.06048 | 0.0156 | get 0.0078% / 4h | 17m 25s | $199K | $5K | 20x |
Gate EDEN_USDT
BloFin EDEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$92.93
- Price spread: −0.050% → +0.001%
- −$5.1
- Slippage, 4 orders
- −$432.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$557.23
- Costs to cover
- 4.592%
- Break-even
- never at this rate
Slippage from Gate: live order book, 38 min ago; BloFin: live order book, 13 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, 38 min ago | 6.64 bp | 167.8 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 13 min ago | 4.97 bp | 23.1 bp −$23 | 60.7 bp −$607 | 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 | 0.06053 | +0.033% | $26K | $15K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06042 | −0.152% | $63K | $81K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06045 | −0.106% | $3.6M | $9.0M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06042 | −0.149% | $601K | $336K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06170 | +1.967% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0106% | 4h | 0.06056 | +0.083% | $714K | $3.3M | 20x | as long as short |
| BloFin EDEN-USDTshort | +0.0156% | 4h | 0.06048 | −0.050% | $199K | $5K | 20x | |
| Gate EDEN_USDTlong | +0.0599% | 8h | 0.06051 | long leg | $219K | $473K | 20x | |
| Bybit EDENUSDT | +0.0852% | 4h | 0.06041 | −0.165% | $1.6M | $1.3M | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0994% | 4h | 0.06046 | −0.083% | $1.3M | $7.5M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
Bybit EDENUSDT
KuCoin EDENUSDTM