Funding you earn now, next payment 04:00 UTC+0.1285%/8h= +140.7% APRnext payment +$6.42 per $10,000 · paid last 24h +0.140%
Price spread now: Bybit against SunX−2.100%46s7-day average −2.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.184%+$18 on $10k
+Price spread, last 3 days (all we have)+0.056%+$6 · spread now −2.100%, 7d avg −2.063%
=Funding pays, the price is against you. Bybit is 0.038% cheaper against SunX than usual: you would sell low and buy high (spread −2.100% now, against its 7-day average of −2.063%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$39 a day). At the pace of the last 7 days (+0.184% in total) that is about 34 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.184% in total (about 9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.42 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 | SunX EDEN-USDT | 0.06190 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1K | $1.7M | 20x |
| Short | Bybit EDENUSDT | 0.06060 | 0.1385 | get 0.0692% / 4h | 2h 00m | $1.6M | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SunX. 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
- $269.82
- Price spread: −2.100% → −2.063%
- −$3.76
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $247.07
- Costs to cover
- 0.190%
- Break-even
- 0.6 days
Slippage unknown: SunX: live order book, 5 min ago; Bybit: live order book, 1 min ago. Net counts fees only.
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 SunX live order book, 5 min ago | 235.20 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.77 bp | 52.0 bp −$52 | 655.9 bp −$6,559 | doesn't fit | doesn't fit |
EDEN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDEN | +0.0096% | 1h | 0.06061 | −2.084% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06052 | −2.230% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06056 | −2.166% | $3.6M | $9.1M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06054 | −2.197% | $547K | $319K | 50x | as long as short |
| SunX EDEN-USDTlong | +0.0100% | 4h | 0.06190 | long leg | $1K | $1.7M | 20x | |
| OKX EDEN-USDT-SWAP | +0.0233% | 4h | 0.06070 | −1.939% | $699K | $3.3M | 20x | as long as short |
| Gate EDEN_USDT | +0.0753% | 8h | 0.06051 | −2.246% | $218K | $500K | 20x | as long as short |
| KuCoin EDENUSDTM | +0.1020% | 4h | 0.06058 | −2.132% | $1.3M | $7.5M | 20x | as long as short |
| Bybit EDENUSDTshort | +0.1385% | 4h | 0.06060 | −2.100% | $1.6M | $1.2M | 20x |
SunX EDEN-USDT
Bybit EDENUSDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
KuCoin EDENUSDTM