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+0.0766%/8h= +83.9% APRnext payment +$3.83 per $10,000 · paid last 24h +0.146%
Price spread now: KuCoin against Binance+0.083%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1101.103% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 7 days+0.058%+$6 · spread now +0.083%, 7d avg +0.074%
Together, before fees+0.214%+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: +$23 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDENUSDT0.060130.0100pay 0.0050% / 4h3h 52m$3.5M$8.9M20x
ShortKuCoin EDENUSDTM0.060180.0866get 0.0433% / 4h3h 52m$1.3M$7.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$160.86
Price spread: +0.083% → +0.074%
$0.93
Slippage, 4 orders
−$88.3
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$51.48
Costs to cover
1.103%
Break-even
4.8 days
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 5 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, 2 min ago0.83 bp17.6 bp −$1890.2 bp −$902doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago4.96 bp36.7 bp −$37doesn't fitdoesn'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%1h0.06020+0.116%$26K$17K3xas long as short
Aster EDENUSDT+0.0100%4h0.06013+0.001%$64K$85K5xas long as short
Binance EDENUSDTlong+0.0100%4h0.06013long leg$3.5M$8.9M20x
Gate EDEN_USDT+0.0100%8h0.060130.000%$209K$469K20xas long as short
MEXC EDEN_USDT+0.0100%4h0.060130.000%$539K$305K50xas long as short
SunX EDEN-USDT+0.0100%4h0.06160+2.445%$1K$1.7M20xas long as short
BloFin EDEN-USDT+0.0141%4h0.06021+0.133%$194K$5K20xas long as short
OKX EDEN-USDT-SWAP+0.0256%4h0.06017+0.067%$664K$3.2M20xas long as short
KuCoin EDENUSDTMshort+0.0866%4h0.06018+0.083%$1.3M$7.6M20x
Bybit EDENUSDT+0.1401%4h0.06019+0.100%$1.6M$1.1M20xas long as short