Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%

Price spread now: OKX against MEXC+0.167%7-day average +0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1261.262% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 4 days (all we have)+0.348%+$35 · spread now +0.167%, 7d avg +0.089%

Together, before fees+0.414%+$41 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.078% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDEN_USDT	0.05998	0.0100	pay 0.0050% / 4h	1h 01m	$572K	$325K	50x
Short	OKX EDEN-USDT-SWAP	0.06008	0.0100	get 0.0050% / 4h	1h 01m	$704K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now +0.167%Rate

Funding earned: $0
Price spread: +0.167% → +0.089%: $7.8
Slippage, 4 orders: −$112.21
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$118.41
Costs to cover: 1.262%
Break-even: never at this rate

Slippage from MEXC: live order book, 53 min ago; OKX: live order book, just now.

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, 53 min ago	3.29 bp	15.1 bp −$15	52.0 bp −$520	246.4 bp −$24.6K	doesn't fit
Sell OKX live order book, just now	2.50 bp	54.4 bp −$54	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	+0.0053%	4h	0.06004	+0.100%	$202K	$5K	20x	as long as short
Lighter EDEN	+0.0096%	1h	0.06006	+0.133%	$26K	$16K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.06001	+0.057%	$63K	$84K	5x	as long as short
Binance EDENUSDT	+0.0100%	4h	0.05999	+0.017%	$3.5M	$9.1M	20x	as long as short
OKX EDEN-USDT-SWAPshort	+0.0100%	4h	0.06008	+0.167%	$704K	$3.3M	20x
MEXC EDEN_USDTlong	+0.0100%	4h	0.05998	long leg	$572K	$325K	50x
SunX EDEN-USDT	+0.0100%	4h	0.06130	+2.201%	$1K	$1.7M	20x	as long as short
Gate EDEN_USDT	+0.0347%	8h	0.06002	+0.067%	$214K	$495K	20x	as long as short
KuCoin EDENUSDTM	+0.0756%	4h	0.06009	+0.183%	$1.3M	$7.5M	20x	as long as short
Bybit EDENUSDT	+0.0946%	4h	0.05999	+0.017%	$1.6M	$1.3M	20x	as long as short