Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.041%

Price spread now: OKX against Binance+0.205%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1251.255% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.065%+$7 on $10k

Price spread, last 7 days−0.212%−$21 · spread now +0.205%, 7d avg +0.070%

Together, before fees−0.147%−$15 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: OKX is 0.136% dearer against Binance than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDENUSDT	0.05996	0.0100	pay 0.0050% / 4h	3h 27m	$3.5M	$9.8M	20x
Short	OKX EDEN-USDT-SWAP	0.06008	0.0100	get 0.0050% / 4h	3h 27m	$705K	$3.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.205%Rate

Funding earned: $0
Price spread: +0.205% → +0.070%: $13.58
Slippage, 4 orders: −$105.46
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$111.88
Costs to cover: 1.255%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; OKX: live order book, 4 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, 12 min ago	1.65 bp	18.7 bp −$19	221.6 bp −$2,216	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	3.35 bp	40.8 bp −$41	doesn't fit	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	0.05992	−0.061%	$26K	$12K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.05990	−0.091%	$62K	$79K	5x	as long as short
Binance EDENUSDTlong	+0.0100%	4h	0.05996	long leg	$3.5M	$9.8M	20x
OKX EDEN-USDT-SWAPshort	+0.0100%	4h	0.06008	+0.205%	$705K	$3.1M	20x
Gate EDEN_USDT	+0.0100%	8h	0.05985	−0.178%	$221K	$479K	20x	as long as short
MEXC EDEN_USDT	+0.0100%	4h	0.05994	−0.028%	$528K	$361K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06120	+2.073%	$1K	$1.7M	20x	as long as short
BloFin EDEN-USDT	+0.0106%	4h	0.05955	−0.679%	$204K	$13K	20x	as long as short
KuCoin EDENUSDTM	+0.0354%	4h	0.05996	+0.005%	$1.4M	$7.8M	20x	as long as short
Bybit EDENUSDT	+0.0536%	4h	0.05999	+0.055%	$1.7M	$1.4M	20x	as long as short