Funding you earn now, next payment 08:00 UTC−0.0561%/8h= −61.5% APRpaid last 24h −0.124%
Price spread now: Gate against Bybit−0.332%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$491as in the Funding arb table
Net, price: spread back to 7d avg − costs−$497as in the Price arb table
costs, in and out, $10k−$4714.711% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.332%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Gate is 0.264% cheaper against Bybit than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.199% in total (about -10.4% a year). A funding rate is set anew for every payment. 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 | 0.06023 | 0.1006 | pay 0.0503% / 4h | 2h 52m | $1.6M | $1.3M | 20x |
| Short | Gate EDEN_USDT | 0.06003 | 0.0445 | get 0.0445% / 8h | 2h 52m | $216K | $473K | 20x |
Bybit EDENUSDT
Gate EDEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$117.86
- Price spread: −0.332% → −0.068%
- −$26.39
- Slippage, 4 orders
- −$445.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$615.32
- Costs to cover
- 4.711%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 58 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, 4 min ago | 6.64 bp | 79.5 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 58 min ago | 9.94 bp | 187.3 bp −$187 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDEN-USDT | +0.0058% | 4h | 0.06017 | −0.100% | $200K | $5K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.06015 | −0.133% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06011 | −0.202% | $63K | $80K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06024 | +0.017% | $3.5M | $9.1M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06010 | −0.216% | $591K | $322K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06140 | +1.943% | $867 | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0222% | 4h | 0.06030 | +0.116% | $710K | $3.2M | 20x | as long as short |
| Gate EDEN_USDTshort | +0.0445% | 8h | 0.06003 | −0.332% | $216K | $473K | 20x | |
| Bybit EDENUSDTlong | +0.1006% | 4h | 0.06023 | long leg | $1.6M | $1.3M | 20x | |
| KuCoin EDENUSDTM | +0.1036% | 4h | 0.06009 | −0.232% | $1.3M | $7.7M | 20x | as long as short |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
KuCoin EDENUSDTM