EDEN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0922%/8h= −101.0% APRnext payment −$4.61 per $10,000 · paid last 24h −0.145%

Price spread now: MEXC against KuCoin−0.033%7-day average −0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs−$625as in the Funding arb table

Net, price: spread back to 7d avg − costs−$605as in the Price arb table

costs, in and out, $10k−$6106.096% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.156%−$16 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.033%, 7d avg −0.075%

Together, before fees−0.142%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.042% dearer against KuCoin than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.075%): +$4 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.156% in total) that is about 45 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.156% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.61 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	0.06050	0.1022	pay 0.0511% / 4h	1h 46m	$1.3M	$7.5M	20x
Short	MEXC EDEN_USDT	0.06048	0.0100	get 0.0050% / 4h	1h 46m	$544K	$314K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$193.62
Price spread: −0.033% → −0.075%: $4.16
Slippage, 4 orders: −$593.59
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$799.06
Costs to cover: 6.096%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 8 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	4.14 bp	496.9 bp −$497	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 8 min ago	3.29 bp	12.6 bp −$13	55.9 bp −$559	236.2 bp −$23.6K	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	0.06047	−0.050%	$26K	$16K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.06039	−0.176%	$63K	$85K	5x	as long as short
Binance EDENUSDT	+0.0100%	4h	0.06048	−0.029%	$3.5M	$9.1M	20x	as long as short
MEXC EDEN_USDTshort	+0.0100%	4h	0.06048	−0.033%	$544K	$314K	50x
SunX EDEN-USDT	+0.0100%	4h	0.06160	+1.818%	$1K	$1.7M	20x	as long as short
BloFin EDEN-USDT	+0.0103%	4h	0.06032	−0.298%	—	$5K	20x	as long as short
OKX EDEN-USDT-SWAP	+0.0164%	4h	0.06057	+0.116%	$704K	$3.3M	20x	as long as short
Gate EDEN_USDT	+0.0722%	8h	0.06043	−0.116%	$218K	$477K	20x	as long as short
KuCoin EDENUSDTMlong	+0.1022%	4h	0.06050	long leg	$1.3M	$7.5M	20x
Bybit EDENUSDT	+0.1407%	4h	0.06048	−0.033%	$1.6M	$1.2M	20x	as long as short