Settings8H · net · $10k
Funding arb · Price arb /

EDEN

all EDEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0045%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance+0.182%391s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$980.979% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 3 days (all we have)−0.125%−$13 · spread now +0.182%, 7d avg +0.035%
Together, before fees−0.120%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.147% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.035%. The two prices were read 391 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDENUSDT0.059830.0100pay 0.0050% / 4h2h 42m$3.5M$9.1M20x
ShortBloFin EDEN-USDT0.059940.0145get 0.0073% / 4h2h 42m$197K$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Funding earned
$9.52
Price spread: +0.182% → +0.035%
$14.75
Slippage, 4 orders
−$75.86
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$73.59
Costs to cover
0.979%
Break-even
61.1 days
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago0.84 bp19.7 bp −$20189.6 bp −$1,896doesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago5.83 bp32.8 bp −$3390.7 bp −$907doesn't fitdoesn't fit

EDEN on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter EDEN+0.0096%1h0.05983−0.002%$26K$17K3xas long as short
Aster EDENUSDT+0.0100%4h0.05983−0.002%$63K$86K5xas long as short
Binance EDENUSDTlong+0.0100%4h0.05983long leg$3.5M$9.1M20x
Gate EDEN_USDT+0.0100%8h0.05988+0.082%$215K$493K20xas long as short
MEXC EDEN_USDT+0.0100%4h0.05982−0.019%$534K$305K50xas long as short
SunX EDEN-USDT+0.0100%4h0.06120+2.288%$1K$1.7M20xas long as short
BloFin EDEN-USDTshort+0.0145%4h0.05994+0.182%$197K$5K20x
OKX EDEN-USDT-SWAP+0.0160%4h0.05982−0.019%$678K$3.3M20xas long as short
KuCoin EDENUSDTM+0.0760%4h0.05988+0.082%$1.3M$7.5M20xas long as short
Bybit EDENUSDT+0.1930%4h0.05984+0.015%$1.6M$1.2M20xas long as short