Funding you earn now, next payment 08:00 UTC+0.0303%/8h= +33.2% APRpaid last 24h +0.048%
Price spread now: Gate against MEXC−0.381%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$362as in the Funding arb table
Net, price: spread back to 7d avg − costs−$410as in the Price arb table
costs, in and out, $10k−$3683.685% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)+0.413%+$41 · spread now −0.381%, 7d avg +0.032%
=Funding pays, the price is against you. Gate is 0.413% cheaper against MEXC than usual: you would sell low and buy high (spread −0.381% now, against its 7-day average of +0.032%). If the spread goes back, that is −$41 on $10k: about 4.5 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.065% in total) that is about 45 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% 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 | MEXC EDEN_USDT | 0.06033 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $603K | $322K | 50x |
| Short | Gate EDEN_USDT | 0.06010 | 0.0403 | get 0.0403% / 8h | 3h 21m | $215K | $490K | 20x |
MEXC EDEN_USDT
Gate EDEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $63.63
- Price spread: −0.381% → +0.032%
- −$41.3
- Slippage, 4 orders
- −$349.47
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$346.14
- Costs to cover
- 3.685%
- Break-even
- 45.1 days
Slippage from MEXC: live order book, 24 min ago; Gate: live order book, 30 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, 24 min ago | 0.83 bp | 12.2 bp −$12 | 68.0 bp −$680 | 220.1 bp −$22.0K | doesn't fit |
| Sell Gate live order book, 30 min ago | 9.94 bp | 187.3 bp −$187 | 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 | +0.0046% | 4h | 0.06026 | −0.116% | $200K | $5K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.06030 | −0.050% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06030 | −0.047% | $63K | $80K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06032 | −0.017% | $3.5M | $9.0M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.06045 | +0.199% | $708K | $3.2M | 20x | as long as short |
| MEXC EDEN_USDTlong | +0.0100% | 4h | 0.06033 | long leg | $603K | $322K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06160 | +2.105% | $1K | $1.7M | 20x | as long as short |
| Gate EDEN_USDTshort | +0.0403% | 8h | 0.06010 | −0.381% | $215K | $490K | 20x | |
| Bybit EDENUSDT | +0.0873% | 4h | 0.06038 | +0.083% | $1.6M | $1.3M | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0962% | 4h | 0.06033 | 0.000% | $1.3M | $7.6M | 20x | as long as short |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
SunX EDEN-USDT
Bybit EDENUSDT
KuCoin EDENUSDTM