Funding you earn now, next payment 08:00 UTC−0.0700%/8h= −76.6% APRnext payment −$3.50 per $10,000 · paid last 24h −0.172%
Price spread now: Binance against Bybit−0.004%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1931.930% of the position
Funding, last 7 days−0.264%−$26 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now −0.004%, 7d avg −0.112%
=The price spread pays, funding is against you. Binance is 0.108% dearer against Bybit than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.112%): +$11 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.264% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.264% in total (about -13.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.50 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 | Bybit EDENUSDT | 0.06035 | 0.0800 | pay 0.0400% / 4h | 21m 32s | $1.7M | $1.4M | 20x |
| Short | Binance EDENUSDT | 0.06035 | 0.0100 | get 0.0050% / 4h | 21m 32s | $3.6M | $9.7M | 20x |
Bybit EDENUSDT
Binance EDENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$147
- Price spread: −0.004% → −0.112%
- $10.81
- Slippage, 4 orders
- −$171.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$329.15
- Costs to cover
- 1.930%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 10 min ago; Binance: live order book, 3 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 Bybit live order book, 10 min ago | 2.50 bp | 81.2 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.83 bp | 24.9 bp −$25 | 93.9 bp −$939 | 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-USDT | +0.0081% | 4h | 0.06024 | −0.182% | $205K | $9K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.06021 | −0.232% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06024 | −0.180% | $61K | $79K | 5x | as long as short |
| Binance EDENUSDTshort | +0.0100% | 4h | 0.06035 | −0.004% | $3.6M | $9.7M | 20x | |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06037 | +0.033% | $550K | $357K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06150 | +1.906% | $899 | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0182% | 4h | 0.06041 | +0.099% | $706K | $3.1M | 20x | as long as short |
| Gate EDEN_USDT | +0.0183% | 8h | 0.06031 | −0.066% | $220K | $484K | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0378% | 4h | 0.06035 | 0.000% | $1.3M | $7.8M | 20x | as long as short |
| Bybit EDENUSDTlong | +0.0800% | 4h | 0.06035 | long leg | $1.7M | $1.4M | 20x |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
KuCoin EDENUSDTM