Funding you earn now, next payment 04:00 UTC+0.0257%/8h= +28.1% APRnext payment +$1.29 per $10,000 · paid last 24h −0.005%
Price spread now: Bybit against KuCoin−0.099%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$586as in the Funding arb table
Net, price: spread back to 7d avg − costs−$608as in the Price arb table
costs, in and out, $10k−$5945.939% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.099%, 7d avg +0.041%
=Funding pays, the price is against you. Bybit is 0.141% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of +0.041%). If the spread goes back, that is −$14 on $10k: about 44 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.080% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.29 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 | KuCoin EDENUSDTM | 0.06034 | 0.0914 | pay 0.0457% / 4h | 1h 30m | $1.3M | $7.5M | 20x |
| Short | Bybit EDENUSDT | 0.06028 | 0.1171 | get 0.0585% / 4h | 1h 30m | $1.6M | $1.3M | 20x |
KuCoin EDENUSDTM
Bybit EDENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $53.97
- Price spread: −0.099% → +0.041%
- −$14.07
- Slippage, 4 orders
- −$570.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$554.03
- Costs to cover
- 5.939%
- Break-even
- 78.9 days
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 1 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 KuCoin live order book, 8 min ago | 5.80 bp | 458.5 bp −$459 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 10.77 bp | 40.8 bp −$41 | 571.7 bp −$5,717 | 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 | +0.0085% | 4h | 0.06032 | −0.033% | $202K | $5K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.06035 | +0.017% | $26K | $16K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06028 | −0.094% | $63K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06024 | −0.172% | $3.5M | $9.1M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06023 | −0.182% | $540K | $318K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06160 | +2.088% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0109% | 4h | 0.06034 | 0.000% | $704K | $3.3M | 20x | as long as short |
| Gate EDEN_USDT | +0.0546% | 8h | 0.06028 | −0.099% | $215K | $480K | 20x | as long as short |
| KuCoin EDENUSDTMlong | +0.0914% | 4h | 0.06034 | long leg | $1.3M | $7.5M | 20x | |
| Bybit EDENUSDTshort | +0.1171% | 4h | 0.06028 | −0.099% | $1.6M | $1.3M | 20x |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT