Funding you earn now, next payment 00:00 UTC−0.0153%/8h= −16.8% APRnext payment −$0.77 per $10,000 · paid last 24h −0.031%
Price spread now: MEXC against OKX−0.167%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$690.695% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.167%, 7d avg −0.084%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.083% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.084%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EDEN-USDT-SWAP | 0.05998 | 0.0253 | pay 0.0127% / 4h | 44m 34s | $669K | $3.2M | 20x |
| Short | MEXC EDEN_USDT | 0.05988 | 0.0100 | get 0.0050% / 4h | 44m 34s | $541K | $304K | 50x |
OKX EDEN-USDT-SWAP
MEXC EDEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- −$32.21
- Price spread: −0.167% → −0.084%
- −$8.32
- Slippage, 4 orders
- −$55.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$109.99
- Costs to cover
- 0.695%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 25 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 OKX live order book, 3 min ago | 0.83 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 0.83 bp | 9.5 bp −$10 | 31.6 bp −$316 | 240.1 bp −$24.0K | 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 | +0.0072% | 4h | 0.05995 | −0.050% | $194K | $4K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.05994 | −0.067% | $26K | $17K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.05986 | −0.197% | $64K | $85K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.05989 | −0.149% | $3.5M | $8.9M | 20x | as long as short |
| MEXC EDEN_USDTshort | +0.0100% | 4h | 0.05988 | −0.167% | $541K | $304K | 50x | |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06110 | +1.867% | $1K | $1.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAPlong | +0.0253% | 4h | 0.05998 | long leg | $669K | $3.2M | 20x | |
| Gate EDEN_USDT | +0.0400% | 8h | 0.05992 | −0.100% | $210K | $486K | 20x | as long as short |
| Bybit EDENUSDT | +0.0606% | 4h | 0.05993 | −0.083% | $1.5M | $1.1M | 20x | as long as short |
| KuCoin EDENUSDTM | +0.0850% | 4h | 0.05995 | −0.050% | $1.3M | $7.6M | 20x | as long as short |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
SunX EDEN-USDT
Gate EDEN_USDT
Bybit EDENUSDT
KuCoin EDENUSDTM