EDEN arbitrage explained
Right now OpenEden (EDEN) trades on 8 venues we scan: 7 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Gate spot at $0.0613 and the highest bid on OKX perp at $0.0615.
The widest EDEN perpetual spread is between Binance and OKX: long EDEN on Binance at $0.0614 and short on OKX at $0.0615 for +0.15% gross, or -0.01% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best EDEN route is to buy spot on Gate and short the perpetual on OKX: +0.26% gross, +0.06% net, with +0.030% a day of funding on the short leg.
Spot–spot EDEN arbitrage (buy on Gate, withdraw, deposit and sell on Bitget) shows +0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small EDEN gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: EDEN funding rates · EDEN spread charts · OpenEden price · arbitrage scanner for all coins.