Funding you earn now, next payment 00:00 UTC+0.0687%/8h= +75.2% APRnext payment +$3.44 per $10,000 · paid last 24h +0.110%
Price spread now: Bybit against MEXC+0.186%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2152.150% of the position
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.186%, 7d avg +0.100%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Bybit is 0.086% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.100%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.214% in total (about 11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.44 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 | MEXC EDEN_USDT | 0.05914 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $540K | $312K | 50x |
| Short | Bybit EDENUSDT | 0.05925 | 0.0787 | get 0.0394% / 4h | 2h 00m | $1.5M | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- $144.28
- Price spread: +0.186% → +0.100%
- $8.64
- Slippage, 4 orders
- −$199.99
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$62.07
- Costs to cover
- 2.150%
- Break-even
- 10.0 days
Slippage from MEXC: live order book, 15 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 MEXC live order book, 15 min ago | 2.52 bp | 9.6 bp −$10 | 38.0 bp −$380 | 174.1 bp −$17.4K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.06 bp | 93.0 bp −$93 | 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 | 0.05919 | +0.085% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05917 | +0.044% | $64K | $84K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.05914 | +0.003% | $3.4M | $8.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0100% | 4h | 0.05920 | +0.101% | $660K | $3.1M | 20x | as long as short |
| Gate EDEN_USDT | +0.0100% | 8h | 0.05922 | +0.135% | $210K | $488K | 20x | as long as short |
| MEXC EDEN_USDTlong | +0.0100% | 4h | 0.05914 | long leg | $540K | $312K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06050 | +2.300% | $1K | $1.7M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0112% | 4h | 0.05915 | +0.017% | $191K | $4K | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0258% | 4h | 0.05920 | +0.101% | $1.3M | $7.6M | 20x | as long as short |
| Bybit EDENUSDTshort | +0.0787% | 4h | 0.05925 | +0.186% | $1.5M | $1.0M | 20x |
MEXC EDEN_USDT
Bybit EDENUSDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
OKX EDEN-USDT-SWAP
Gate EDEN_USDT
SunX EDEN-USDT
BloFin EDEN-USDT
KuCoin EDENUSDTM