Funding you earn now, next payment 04:00 UTC−0.0288%/8h= −31.5% APRpaid last 24h −0.009%
Price spread now: OKX against Gate+0.100%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$646as in the Funding arb table
Net, price: spread back to 7d avg − costs−$642as in the Price arb table
costs, in and out, $10k−$6466.459% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.434%+$43 · spread now +0.100%, 7d avg +0.057%
=The price spread pays, funding is against you. OKX is 0.043% dearer against Gate than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.057%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.002% in total) that is about 6 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% 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 | 0.06005 | 0.0388 | pay 0.0388% / 8h | 5h 04m | $213K | $494K | 20x |
| Short | OKX EDEN-USDT-SWAP | 0.06011 | 0.0100 | get 0.0050% / 4h | 1h 04m | $706K | $3.3M | 20x |
Gate EDEN_USDT
OKX EDEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$60.48
- Price spread: +0.100% → +0.057%
- $4.27
- Slippage, 4 orders
- −$620.93
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$702.14
- Costs to cover
- 6.459%
- Break-even
- never at this rate
Slippage from Gate: live order book, 57 min ago; OKX: 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, 57 min ago | 8.24 bp | 254.3 bp −$254 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.65 bp | 53.3 bp −$53 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDEN-USDT | +0.0070% | 4h | 0.05998 | −0.117% | $201K | $5K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.05997 | −0.133% | $26K | $16K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06000 | −0.084% | $63K | $84K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06000 | −0.087% | $3.5M | $9.1M | 20x | as long as short |
| OKX EDEN-USDT-SWAPshort | +0.0100% | 4h | 0.06011 | +0.100% | $706K | $3.3M | 20x | |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.05997 | −0.133% | $572K | $325K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06130 | +2.082% | $1K | $1.7M | 20x | as long as short |
| Gate EDEN_USDTlong | +0.0388% | 8h | 0.06005 | long leg | $213K | $494K | 20x | |
| KuCoin EDENUSDTM | +0.0776% | 4h | 0.06010 | +0.083% | $1.3M | $7.5M | 20x | as long as short |
| Bybit EDENUSDT | +0.1000% | 4h | 0.06002 | −0.050% | $1.6M | $1.3M | 20x | as long as short |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
KuCoin EDENUSDTM
Bybit EDENUSDT