Funding you earn now, next payment 04:00 UTC−0.0930%/8h= −101.8% APRnext payment −$4.65 per $10,000 · paid last 24h −0.137%
Price spread now: BloFin against Bybit−0.266%82s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as 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−$1801.804% of the position
Funding, last 7 days−0.231%−$23 on $10k
+Price spread, last 4 days (all we have)+0.437%+$44 · spread now −0.266%, 7d avg −0.056%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and BloFin is 0.210% cheaper against Bybit than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.056%). Swap the legs. The two prices were read 82 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 -0.231% in total (about -12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.65 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 | 0.06014 | 0.1000 | pay 0.0500% / 4h | 1h 03m | $1.6M | $1.3M | 20x |
| Short | BloFin EDEN-USDT | 0.05998 | 0.0070 | get 0.0035% / 4h | 1h 03m | $201K | $5K | 20x |
Bybit EDENUSDT
BloFin EDEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$195.23
- Price spread: −0.266% → −0.056%
- −$21.02
- Slippage, 4 orders
- −$157.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$396.63
- Costs to cover
- 1.804%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 34 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, 3 min ago | 10.82 bp | 70.7 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 min ago | 1.66 bp | 20.3 bp −$20 | 53.1 bp −$531 | 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-USDTshort | +0.0070% | 4h | 0.05998 | −0.266% | $201K | $5K | 20x | |
| Lighter EDEN | +0.0096% | 1h | 0.06008 | −0.100% | $26K | $16K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06009 | −0.085% | $63K | $84K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06007 | −0.114% | $3.5M | $9.1M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.06013 | −0.017% | $708K | $3.3M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06009 | −0.083% | $573K | $325K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06130 | +1.929% | $1K | $1.7M | 20x | as long as short |
| Gate EDEN_USDT | +0.0388% | 8h | 0.06010 | −0.067% | $214K | $495K | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0776% | 4h | 0.06018 | +0.067% | $1.3M | $7.5M | 20x | as long as short |
| Bybit EDENUSDTlong | +0.1000% | 4h | 0.06014 | long leg | $1.6M | $1.3M | 20x |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
MEXC EDEN_USDT
SunX EDEN-USDT
Gate EDEN_USDT
KuCoin EDENUSDTM