Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.05 per $10,000 · paid last 24h −0.039%
Price spread now: MEXC against OKX−0.264%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1121.121% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.264%, 7d avg −0.092%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.171% cheaper against OKX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.092%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EDEN-USDT-SWAP | 0.06071 | 0.0111 | pay 0.0055% / 4h | 3h 18m | $712K | $3.2M | 20x |
| Short | MEXC EDEN_USDT | 0.06055 | 0.0100 | get 0.0050% / 4h | 3h 18m | $605K | $322K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$2.24
- Price spread: −0.264% → −0.092%
- −$17.13
- Slippage, 4 orders
- −$98.11
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$131.49
- Costs to cover
- 1.121%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 27 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, 4 min ago | 0.83 bp | 33.6 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 27 min ago | 0.83 bp | 10.7 bp −$11 | 44.0 bp −$440 | 207.6 bp −$20.8K | 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 | 0.06050 | −0.346% | $199K | $5K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.06053 | −0.296% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06045 | −0.420% | $63K | $80K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06058 | −0.215% | $3.6M | $9.0M | 20x | as long as short |
| MEXC EDEN_USDTshort | +0.0100% | 4h | 0.06055 | −0.264% | $605K | $322K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06180 | +1.795% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAPlong | +0.0111% | 4h | 0.06071 | long leg | $712K | $3.2M | 20x | |
| Gate EDEN_USDT | +0.0465% | 8h | 0.06049 | −0.362% | $217K | $490K | 20x | as long as short |
| KuCoin EDENUSDTM | +0.1038% | 4h | 0.06058 | −0.214% | $1.3M | $7.6M | 20x | as long as short |
| Bybit EDENUSDT | +0.1097% | 4h | 0.06060 | −0.181% | $1.6M | $1.3M | 20x | as long as short |
OKX EDEN-USDT-SWAP
MEXC EDEN_USDT
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
SunX EDEN-USDT
Gate EDEN_USDT
KuCoin EDENUSDTM
Bybit EDENUSDT