Funding you earn now, next payment 12:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.056%
Price spread now: Gate against MEXC−0.050%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$801as in the Funding arb table
Net, price: spread back to 7d avg − costs−$817as in the Price arb table
costs, in and out, $10k−$8088.085% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.050%, 7d avg +0.034%
=Funding pays, the price is against you. Gate is 0.083% cheaper against MEXC than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.034%). If the spread goes back, that is −$8 on $10k: about 33 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.076% in total) that is about 7.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EDEN_USDT | 0.06058 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $526K | $354K | 50x |
| Short | Gate EDEN_USDT | 0.06055 | 0.0304 | get 0.0304% / 8h | 5h 53m | $223K | $444K | 20x |
MEXC EDEN_USDT
Gate EDEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $42.84
- Price spread: −0.050% → +0.034%
- −$8.31
- Slippage, 4 orders
- −$789.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$773.97
- Costs to cover
- 8.085%
- Break-even
- 133.5 days
Slippage from MEXC: live order book, 53 min ago; Gate: live order book, 55 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, 53 min ago | 2.48 bp | 12.3 bp −$12 | 36.7 bp −$367 | 219.7 bp −$22.0K | doesn't fit |
| Sell Gate live order book, 55 min ago | 8.26 bp | 454.8 bp −$455 | doesn't fit | doesn't fit | doesn't fit |
EDEN on 10 exchanges
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 | 0.06059 | +0.017% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06056 | −0.039% | $63K | $75K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06055 | −0.050% | $3.5M | $9.4M | 20x | as long as short |
| MEXC EDEN_USDTlong | +0.0100% | 4h | 0.06058 | long leg | $526K | $354K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06190 | +2.179% | $690 | $1.5M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0148% | 4h | 0.06070 | +0.198% | $204K | $15K | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0277% | 4h | 0.06055 | −0.050% | $713K | $3.0M | 20x | as long as short |
| Gate EDEN_USDTshort | +0.0304% | 8h | 0.06055 | −0.050% | $223K | $444K | 20x | |
| KuCoin EDENUSDTM | +0.0414% | 4h | 0.06055 | −0.050% | $1.3M | $7.9M | 20x | as long as short |
| Bybit EDENUSDT | +0.1059% | 4h | 0.06056 | −0.033% | $1.6M | $1.4M | 20x | as long as short |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
SunX EDEN-USDT
BloFin EDEN-USDT
OKX EDEN-USDT-SWAP
KuCoin EDENUSDTM
Bybit EDENUSDT