Funding you earn now, next payment 00:00 UTC+0.0718%/8h= +78.6% APRnext payment +$3.59 per $10,000 · paid last 24h +0.110%
Price spread now: Bybit against MEXC+0.050%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1581.581% of the position
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now +0.050%, 7d avg +0.100%
=Funding pays, the price is against you. Bybit is 0.050% cheaper against MEXC than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.100%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.214% in total) that is about 39 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.214% in total (about 11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.59 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 | MEXC EDEN_USDT | 0.06001 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $544K | $308K | 50x |
| Short | Bybit EDENUSDT | 0.06004 | 0.0818 | get 0.0409% / 4h | 1h 05m | $1.5M | $1.1M | 20x |
MEXC EDEN_USDT
Bybit EDENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- $150.72
- Price spread: +0.050% → +0.100%
- −$5.01
- Slippage, 4 orders
- −$143.06
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$12.35
- Costs to cover
- 1.581%
- Break-even
- 7.6 days
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 6 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 MEXC live order book, 4 min ago | 0.83 bp | 5.9 bp −$6 | 33.8 bp −$338 | 234.8 bp −$23.5K | doesn't fit |
| Sell Bybit live order book, 6 min ago | 8.34 bp | 49.2 bp −$49 | 664.4 bp −$6,644 | 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 | +0.0062% | 4h | 0.05997 | −0.067% | $193K | $4K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.06005 | +0.067% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05990 | −0.179% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06003 | +0.033% | $3.5M | $8.8M | 20x | as long as short |
| MEXC EDEN_USDTlong | +0.0100% | 4h | 0.06001 | long leg | $544K | $308K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06130 | +2.150% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0191% | 4h | 0.06011 | +0.167% | $679K | $3.2M | 20x | as long as short |
| Gate EDEN_USDT | +0.0427% | 8h | 0.05994 | −0.117% | $210K | $488K | 20x | as long as short |
| Bybit EDENUSDTshort | +0.0818% | 4h | 0.06004 | +0.050% | $1.5M | $1.1M | 20x | |
| KuCoin EDENUSDTM | +0.0850% | 4h | 0.06003 | +0.033% | $1.3M | $7.6M | 20x | as long as short |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
KuCoin EDENUSDTM