EDEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0392%/8h= +42.9% APRnext payment +$1.96 per $10,000 · paid last 24h +0.002%

Price spread now: Bybit against KuCoin+0.199%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$746as in the Funding arb table

Net, price: spread back to 7d avg − costs−$739as in the Price arb table

costs, in and out, $10k−$7557.550% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 7 days−0.182%−$18 · spread now +0.199%, 7d avg +0.040%

Together, before fees−0.088%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bybit is 0.159% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.040%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.96 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	0.06023	0.0406	pay 0.0203% / 4h	3h 30m	$1.3M	$7.5M	20x
Short	Bybit EDENUSDT	0.06035	0.0798	get 0.0399% / 4h	3h 30m	$1.5M	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now +0.199%Rate

Funding earned: $82.32
Price spread: +0.199% → +0.040%: $15.91
Slippage, 4 orders: −$731.98
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$656.75
Costs to cover: 7.550%
Break-even: 62.8 days

Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 1 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, 3 min ago	1.66 bp	614.1 bp −$614	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	5.82 bp	65.2 bp −$65	627.5 bp −$6,275	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	+0.0043%	4h	0.06021	−0.033%	$193K	$4K	20x	as long as short
Lighter EDEN	+0.0096%	1h	0.06023	0.000%	$26K	$17K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.06012	−0.176%	$65K	$82K	5x	as long as short
Binance EDENUSDT	+0.0100%	4h	0.06024	+0.017%	$3.5M	$8.7M	20x	as long as short
OKX EDEN-USDT-SWAP	+0.0100%	4h	0.06026	+0.050%	$667K	$3.1M	20x	as long as short
Gate EDEN_USDT	+0.0100%	8h	0.06016	−0.116%	$213K	$484K	20x	as long as short
MEXC EDEN_USDT	+0.0100%	4h	0.06022	−0.017%	$550K	$269K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06140	+1.943%	$1K	$1.7M	20x	as long as short
KuCoin EDENUSDTMlong	+0.0406%	4h	0.06023	long leg	$1.3M	$7.5M	20x
Bybit EDENUSDTshort	+0.0798%	4h	0.06035	+0.199%	$1.5M	$1.0M	20x