Funding you earn now, next payment 04:00 UTC−0.0489%/8h= −53.5% APRpaid last 24h −0.048%
Price spread now: MEXC against Gate−0.248%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$453as in the Funding arb table
Net, price: spread back to 7d avg − costs−$468as in the Price arb table
costs, in and out, $10k−$4474.467% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.201%+$20 · spread now −0.248%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and MEXC is 0.216% cheaper against Gate than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.033%). 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 -3.5% 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 | 0.06041 | 0.0589 | pay 0.0589% / 8h | 4h 15m | $219K | $473K | 20x |
| Short | MEXC EDEN_USDT | 0.06026 | 0.0100 | get 0.0050% / 4h | 15m 43s | $599K | $337K | 50x |
Gate EDEN_USDT
MEXC EDEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$102.69
- Price spread: −0.248% → −0.033%
- −$21.58
- Slippage, 4 orders
- −$427.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$570.95
- Costs to cover
- 4.467%
- Break-even
- never at this rate
Slippage from Gate: live order book, 40 min ago; MEXC: live order book, 34 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, 40 min ago | 6.64 bp | 167.8 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 34 min ago | 2.50 bp | 13.1 bp −$13 | 67.3 bp −$673 | 232.7 bp −$23.3K | 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 | 0.06033 | −0.132% | $26K | $15K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06028 | −0.222% | $63K | $81K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06029 | −0.199% | $3.5M | $9.0M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.06039 | −0.033% | $712K | $3.3M | 20x | as long as short |
| MEXC EDEN_USDTshort | +0.0100% | 4h | 0.06026 | −0.248% | $599K | $337K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06170 | +2.135% | $1K | $1.7M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0126% | 4h | 0.06054 | +0.215% | $201K | $5K | 20x | as long as short |
| Gate EDEN_USDTlong | +0.0589% | 8h | 0.06041 | long leg | $219K | $473K | 20x | |
| Bybit EDENUSDT | +0.0839% | 4h | 0.06030 | −0.182% | $1.6M | $1.3M | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0986% | 4h | 0.06036 | −0.083% | $1.3M | $7.5M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
SunX EDEN-USDT
BloFin EDEN-USDT
Bybit EDENUSDT
KuCoin EDENUSDTM