Funding you earn now, next payment 08:00 UTC−0.0330%/8h= −36.1% APRnext payment −$1.65 per $10,000 · paid last 24h −0.035%
Price spread now: BloFin against OKX−0.033%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.033%, 7d avg −0.066%
=The price spread pays, funding is against you. BloFin is 0.033% dearer against OKX than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.066%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.057% in total) that is about 4.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.65 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 | OKX EDEN-USDT-SWAP | 0.06153 | 0.0391 | pay 0.0196% / 4h | 1h 14m | $729K | $3.2M | 20x |
| Short | BloFin EDEN-USDT | 0.06151 | 0.0062 | get 0.0031% / 4h | 1h 14m | $206K | $6K | 20x |
OKX EDEN-USDT-SWAP
BloFin EDEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$69.2
- Price spread: −0.033% → −0.066%
- $3.3
- Slippage, 4 orders
- −$83.12
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$171.02
- Costs to cover
- 1.051%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 61 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 OKX live order book, 2 min ago | 2.44 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 61 min ago | 1.64 bp | 21.3 bp −$21 | 64.4 bp −$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-USDTshort | +0.0062% | 4h | 0.06151 | −0.033% | $206K | $6K | 20x | |
| Lighter EDEN | +0.0096% | 1h | 0.06151 | −0.033% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06144 | −0.145% | $62K | $80K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06142 | −0.179% | $3.6M | $9.6M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06142 | −0.179% | $570K | $344K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06280 | +2.064% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAPlong | +0.0391% | 4h | 0.06153 | long leg | $729K | $3.2M | 20x | |
| Gate EDEN_USDT | +0.0422% | 8h | 0.06149 | −0.065% | $222K | $492K | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0926% | 4h | 0.06152 | −0.016% | $1.3M | $7.9M | 20x | as long as short |
| Bybit EDENUSDT | +0.1117% | 4h | 0.06151 | −0.033% | $1.7M | $1.4M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
Gate EDEN_USDT
KuCoin EDENUSDTM
Bybit EDENUSDT