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+0.0703%/8h= +77.0% APRnext payment +$3.51 per $10,000 · paid last 24h +0.142%
Price spread now: KuCoin against BloFin+0.083%65s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$466as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4824.815% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.151%+$15 on $10k
Price spread, last 4 days (all we have)−0.427%−$43 · spread now +0.083%, 7d avg +0.040%
Together, before fees−0.275%−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and KuCoin is 0.043% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.040%. The two prices were read 65 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 0.151% in total (about 7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.51 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
LongBloFin EDEN-USDT0.060040.0053pay 0.0027% / 4h1h 02m$202K$5K20x
ShortKuCoin EDENUSDTM0.060090.0756get 0.0378% / 4h1h 02m$1.3M$7.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
$147.59
Price spread: +0.083% → +0.040%
$4.28
Slippage, 4 orders
−$457.55
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$329.67
Costs to cover
4.815%
Break-even
22.6 days
Slippage from BloFin: live order book, 36 min ago; KuCoin: live order book, 1 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 BloFin live order book, 36 min ago1.66 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago4.16 bp37.7 bp −$38doesn'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
BloFin EDEN-USDTlong+0.0053%4h0.06004long leg$202K$5K20x
Lighter EDEN+0.0096%1h0.06006+0.033%$26K$16K3xas long as short
Aster EDENUSDT+0.0100%4h0.06001−0.043%$63K$84K5xas long as short
Binance EDENUSDT+0.0100%4h0.06000−0.070%$3.5M$9.1M20xas long as short
OKX EDEN-USDT-SWAP+0.0100%4h0.06008+0.067%$704K$3.3M20xas long as short
MEXC EDEN_USDT+0.0100%4h0.05998−0.100%$572K$325K50xas long as short
SunX EDEN-USDT+0.0100%4h0.06130+2.099%$1K$1.7M20xas long as short
Gate EDEN_USDT+0.0347%8h0.06002−0.033%$214K$495K20xas long as short
KuCoin EDENUSDTMshort+0.0756%4h0.06009+0.083%$1.3M$7.5M20x
Bybit EDENUSDT+0.0946%4h0.06003−0.017%$1.6M$1.3M20xas long as short