Funding you earn now, next payment 00:00 UTC+0.0725%/8h= +79.4% APRnext payment +$3.63 per $10,000 · paid last 24h +0.111%
Price spread now: Bybit against BloFin+0.134%62s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1811.810% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 3 days (all we have)−0.140%−$14 · spread now +0.134%, 7d avg +0.055%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bybit is 0.078% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.055%. The two prices were read 62 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 0.213% in total (about 11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.63 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 | BloFin EDEN-USDT | 0.05984 | 0.0079 | pay 0.0039% / 4h | 1h 14m | $192K | $4K | 20x |
| Short | Bybit EDENUSDT | 0.05992 | 0.0804 | get 0.0402% / 4h | 1h 14m | $1.5M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $152.33
- Price spread: +0.134% → +0.055%
- $7.84
- Slippage, 4 orders
- −$158
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$20.83
- Costs to cover
- 1.810%
- Break-even
- 8.0 days
Slippage from BloFin: live order book, 60 min ago; Bybit: live order book, 2 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 BloFin live order book, 60 min ago | 1.68 bp | 19.5 bp −$19 | 67.1 bp −$671 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.51 bp | 57.3 bp −$57 | 679.5 bp −$6,795 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDEN-USDTlong | +0.0079% | 4h | 0.05984 | long leg | $192K | $4K | 20x | |
| Lighter EDEN | +0.0096% | 1h | 0.05990 | +0.100% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05977 | −0.109% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.05987 | +0.050% | $3.5M | $8.8M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.05993 | +0.150% | $676K | $3.2M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.05987 | +0.050% | $540K | $307K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06110 | +2.106% | $939 | $1.7M | 20x | as long as short |
| Gate EDEN_USDT | +0.0330% | 8h | 0.05984 | 0.000% | $210K | $486K | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0686% | 4h | 0.05990 | +0.100% | $1.3M | $7.6M | 20x | as long as short |
| Bybit EDENUSDTshort | +0.0804% | 4h | 0.05992 | +0.134% | $1.5M | $1.1M | 20x |
BloFin EDEN-USDT
Bybit EDENUSDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
MEXC EDEN_USDT
SunX EDEN-USDT
Gate EDEN_USDT
KuCoin EDENUSDTM