Funding you earn now, next payment 06:00 UTC+0.0738%/8h= +80.8% APRpaid last 24h +0.068%
Price spread now: QFEX against edgeX−0.012%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 4 days (all we have)−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.012%, 7d avg +0.020%
=Together, before fees−0.010%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.032% cheaper against edgeX than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.020%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 4 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.069% in total (about -6.9% a year). A funding rate is set anew for every payment. 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 | edgeX XLEUSDC | 62.698 | −0.0699 | get 0.0349% / 4h | 2h 28m | $48K | $209K | 10x |
| Short | QFEX XLE-USD | 62.690 | 0.0040 | get 0.0005% / 1h | 28m 53s | $1.2M | $4.2M | 30x |
edgeX XLEUSDC
QFEX XLE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against edgeX. 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
- $155.05
- Price spread: −0.012% → +0.020%
- −$3.24
- Slippage, 4 orders
- −$38.88
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $93.93
- Costs to cover
- 0.579%
- Break-even
- 2.8 days
Slippage from edgeX: live order book, 18 min ago; QFEX: live order book, 10 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 edgeX live order book, 18 min ago | 10.37 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 10 min ago | 4.78 bp | 10.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
XLE on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XLEUSDClong | −0.0699% | 4h | 62.698 | long leg | $48K | $209K | 10x | |
| KuCoin XLEUSDTM | −0.0274% | 8h | 62.630 | −0.108% | $809K | $673K | 20x | as long as short |
| BloFin XLE-USDT | −0.0008% | 8h | 62.710 | +0.020% | $58K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.636 | −0.098% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.710 | +0.020% | $792K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.690 | −0.012% | $324K | $202K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.690 | −0.012% | $302K | $579K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.680 | −0.028% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.690 | −0.012% | $219K | $86K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.680 | −0.028% | $95K | $81K | 20x | as long as short |
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 62.700 | +0.004% | $44K | $15K | — | as long as short |
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.690 | −0.012% | $13K | $173K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.712 | +0.023% | $1K | $4.5M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.560 | −0.220% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USDshort | +0.0040% | 1h | 62.690 | −0.012% | $1.2M | $4.2M | 30x | |
| tradeXYZ xyz:XLE | +0.0050% | 1h | 62.630 | −0.108% | $2.4M | $3.8M | 20x | as long as short |
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
tradeXYZ xyz:XLE