Funding you earn now, next payment 00:00 UTC−0.0696%/8h= −76.2% APRnext payment −$3.48 per $10,000 · paid last 24h −0.108%
Price spread now: BloFin against KuCoin−0.183%80s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as 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−$880.881% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 3 days (all we have)+0.208%+$21 · spread now −0.183%, 7d avg −0.038%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and BloFin is 0.145% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.038%). Swap the legs. The two prices were read 80 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 -0.120% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.48 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 | KuCoin EDENUSDTM | 0.06008 | 0.0812 | pay 0.0406% / 4h | 36m 01s | $1.3M | $7.6M | 20x |
| Short | BloFin EDEN-USDT | 0.05997 | 0.0116 | get 0.0058% / 4h | 36m 01s | $194K | $4K | 20x |
KuCoin EDENUSDTM
BloFin EDEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$146.17
- Price spread: −0.183% → −0.038%
- −$14.53
- Slippage, 4 orders
- −$64.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$248.75
- Costs to cover
- 0.881%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BloFin: 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 KuCoin live order book, 2 min ago | 4.16 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 min ago | 1.67 bp | 15.6 bp −$16 | 42.1 bp −$421 | 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 | 0.06010 | +0.033% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06001 | −0.109% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06009 | +0.019% | $3.5M | $8.9M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06009 | +0.017% | $543K | $304K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06130 | +2.031% | $1K | $1.7M | 20x | as long as short |
| BloFin EDEN-USDTshort | +0.0116% | 4h | 0.05997 | −0.183% | $194K | $4K | 20x | |
| OKX EDEN-USDT-SWAP | +0.0245% | 4h | 0.06015 | +0.117% | $670K | $3.2M | 20x | as long as short |
| Gate EDEN_USDT | +0.0370% | 8h | 0.06007 | −0.017% | $211K | $486K | 20x | as long as short |
| Bybit EDENUSDT | +0.0538% | 4h | 0.06012 | +0.067% | $1.5M | $1.1M | 20x | as long as short |
| KuCoin EDENUSDTMlong | +0.0812% | 4h | 0.06008 | long leg | $1.3M | $7.6M | 20x |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
Bybit EDENUSDT