EDEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0254%/8h= +27.8% APRnext payment +$1.27 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against Bybit+0.067%7-day average −0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$253as in the Funding arb table

Net, price: spread back to 7d avg − costs−$233as in the Price arb table

costs, in and out, $10k−$2442.436% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.093%−$9 on $10k

Price spread, last 7 days−0.056%−$6 · spread now +0.067%, 7d avg −0.040%

Together, before fees−0.150%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.107% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.093%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.093% in total (about -4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.27 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	0.05993	0.0572	pay 0.0286% / 4h	41m 07s	$1.5M	$1.1M	20x
Short	KuCoin EDENUSDTM	0.05997	0.0826	get 0.0413% / 4h	41m 07s	$1.3M	$7.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.067%Rate

Funding earned: $53.34
Price spread: +0.067% → −0.040%: $10.66
Slippage, 4 orders: −$220.6
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$179.6
Costs to cover: 2.436%
Break-even: 30.6 days

Slippage from Bybit: live order book, 5 min ago; KuCoin: 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 Bybit live order book, 5 min ago	6.68 bp	86.5 bp −$86	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	5.01 bp	45.1 bp −$45	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
Lighter EDEN	+0.0096%	1h	0.05998	+0.083%	$26K	$17K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.05988	−0.083%	$64K	$85K	5x	as long as short
Binance EDENUSDT	+0.0100%	4h	0.05991	−0.039%	$3.5M	$8.9M	20x	as long as short
MEXC EDEN_USDT	+0.0100%	4h	0.05990	−0.050%	$541K	$304K	50x	as long as short
SunX EDEN-USDT	+0.0100%	4h	0.06110	+1.952%	$1K	$1.7M	20x	as long as short
BloFin EDEN-USDT	+0.0115%	4h	0.05984	−0.150%	$193K	$4K	20x	as long as short
OKX EDEN-USDT-SWAP	+0.0257%	4h	0.05999	+0.100%	$670K	$3.2M	20x	as long as short
Gate EDEN_USDT	+0.0388%	8h	0.05993	0.000%	$210K	$486K	20x	as long as short
Bybit EDENUSDTlong	+0.0572%	4h	0.05993	long leg	$1.5M	$1.1M	20x
KuCoin EDENUSDTMshort	+0.0826%	4h	0.05997	+0.067%	$1.3M	$7.6M	20x