Funding arb · Price arb /

EDEN

all EDEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.074%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$630.631% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.074%, 7d avg +0.005%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.069% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDEN_USDT	0.06071	0.0100	pay 0.0050% / 4h	1h 52m	$546K	$314K	50x
Short	Binance EDENUSDT	0.06075	0.0100	get 0.0050% / 4h	1h 52m	$3.6M	$9.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.074%Rate

Funding earned: $0
Price spread: +0.074% → +0.005%: $6.89
Slippage, 4 orders: −$49.13
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$56.24
Costs to cover: 0.631%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Binance: 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 MEXC live order book, 2 min ago	3.29 bp	15.1 bp −$15	52.0 bp −$520	246.4 bp −$24.6K	doesn't fit
Sell Binance live order book, 2 min ago	1.65 bp	17.8 bp −$18	55.7 bp −$557	doesn't fit	doesn't fit

EDEN on 9 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	0.06079	+0.132%	$26K	$16K	3x	as long as short
Aster EDENUSDT	+0.0100%	4h	0.06055	−0.258%	$64K	$85K	5x	as long as short
Binance EDENUSDTshort	+0.0100%	4h	0.06075	+0.074%	$3.6M	$9.1M	20x
MEXC EDEN_USDTlong	+0.0100%	4h	0.06071	long leg	$546K	$314K	50x
SunX EDEN-USDT	+0.0100%	4h	0.06190	+1.960%	$959	$1.7M	20x	as long as short
OKX EDEN-USDT-SWAP	+0.0203%	4h	0.06087	+0.264%	$706K	$3.3M	20x	as long as short
Gate EDEN_USDT	+0.0750%	8h	0.06063	−0.132%	$221K	$473K	20x	as long as short
KuCoin EDENUSDTM	+0.1002%	4h	0.06065	−0.099%	$1.3M	$7.5M	20x	as long as short
Bybit EDENUSDT	+0.1313%	4h	0.06060	−0.181%	$1.6M	$1.2M	20x	as long as short