Funding you earn now, next payment 08:00 UTC+0.0406%/8h= +44.5% APRnext payment +$2.03 per $10,000 · paid last 24h +0.174%
Price spread now: KuCoin against MEXC+0.050%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$378as in the Funding arb table
Net, price: spread back to 7d avg − costs−$402as in the Price arb table
costs, in and out, $10k−$3993.994% of the position
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.050%, 7d avg +0.078%
=Funding pays, the price is against you. KuCoin is 0.029% cheaper against MEXC than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.078%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.217% in total) that is about 22 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.217% in total (about 11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.03 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 | 0.06033 | 0.0100 | pay 0.0050% / 4h | 34m 04s | $554K | $356K | 50x |
| Short | KuCoin EDENUSDTM | 0.06036 | 0.0506 | get 0.0253% / 4h | 34m 04s | $1.3M | $7.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $85.26
- Price spread: +0.050% → +0.078%
- −$2.86
- Slippage, 4 orders
- −$383.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$317.03
- Costs to cover
- 3.994%
- Break-even
- 33.0 days
Slippage from MEXC: live order book, 61 min ago; KuCoin: live order book, 4 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, 61 min ago | 2.45 bp | 11.1 bp −$11 | 54.3 bp −$543 | 219.3 bp −$21.9K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.16 bp | 50.0 bp −$50 | 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 | +0.0072% | 4h | 0.06027 | −0.099% | $205K | $9K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.06033 | 0.000% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06031 | −0.040% | $61K | $79K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06034 | +0.018% | $3.6M | $9.7M | 20x | as long as short |
| MEXC EDEN_USDTlong | +0.0100% | 4h | 0.06033 | long leg | $554K | $356K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06170 | +2.271% | $1K | $1.7M | 20x | as long as short |
| Gate EDEN_USDT | +0.0233% | 8h | 0.06031 | −0.033% | $220K | $483K | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0265% | 4h | 0.06041 | +0.133% | $712K | $3.1M | 20x | as long as short |
| KuCoin EDENUSDTMshort | +0.0506% | 4h | 0.06036 | +0.050% | $1.3M | $7.8M | 20x | |
| Bybit EDENUSDT | +0.0855% | 4h | 0.06038 | +0.083% | $1.7M | $1.4M | 20x | as long as short |
MEXC EDEN_USDT
KuCoin EDENUSDTM
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
SunX EDEN-USDT
Gate EDEN_USDT
OKX EDEN-USDT-SWAP
Bybit EDENUSDT