Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.172%

Price spread now: Bybit against Binance+0.009%7-day average +0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$175as in the Price arb table

costs, in and out, $10k−$1641.642% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.264%+$26 on $10k

Price spread, last 7 days+0.146%+$15 · spread now +0.009%, 7d avg +0.113%

Together, before fees+0.411%+$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: Bybit is 0.104% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDENUSDT	0.06026	0.0100	pay 0.0050% / 4h	3h 50m	$3.5M	$9.0M	20x
Short	Bybit EDENUSDT	0.06027	0.0100	get 0.0050% / 4h	3h 50m	$1.6M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → +0.113%: −$10.45
Slippage, 4 orders: −$143.18
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$174.62
Costs to cover: 1.642%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 1 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 Binance live order book, 4 min ago	2.49 bp	18.1 bp −$18	336.4 bp −$3,364	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	4.13 bp	57.3 bp −$57	635.1 bp −$6,351	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
Lighter EDEN	+0.0096%	1h	0.06045	+0.307%	$26K	$12K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.06045	+0.305%	$63K	$80K	5x	as long as short
Binance EDENUSDTlong	+0.0100%	4h	0.06026	long leg	$3.5M	$9.0M	20x
Bybit EDENUSDTshort	+0.0100%	4h	0.06027	+0.009%	$1.6M	$1.3M	20x
OKX EDEN-USDT-SWAP	+0.0100%	4h	0.06043	+0.274%	$711K	$3.2M	20x	as long as short
MEXC EDEN_USDT	+0.0100%	4h	0.06024	−0.041%	$603K	$320K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06170	+2.381%	$1K	$1.7M	20x	as long as short
BloFin EDEN-USDT	+0.0128%	4h	0.06038	+0.191%	$202K	$5K	20x	as long as short
Gate EDEN_USDT	+0.0546%	8h	0.06041	+0.241%	$218K	$485K	20x	as long as short
KuCoin EDENUSDTM	+0.0980%	4h	0.06052	+0.423%	$1.3M	$7.5M	20x	as long as short