Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against GRVT−0.036%67s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$850.847% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.036%, 7d avg −0.031%
=Together, before fees+0.098%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XLE_USDT_Perp | 62.772 | 0 | get 0.0000% / 8h | 1h 50m | $13K | $170K | 10x |
| Short | MEXC XLE_USDT | 62.750 | 0 | get 0.0000% / 8h | 1h 50m | $220K | $85K | 20x |
GRVT XLE_USDT_Perp
MEXC XLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against GRVT. 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
- $0
- Price spread: −0.036% → −0.031%
- −$0.43
- Slippage, 4 orders
- −$75.75
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$85.18
- Costs to cover
- 0.847%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 57 min ago; MEXC: live order book, 39 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 GRVT live order book, 57 min ago | 5.58 bp | 20.3 bp −$20 | 63.1 bp −$631 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 39 min ago | 5.58 bp | 13.2 bp −$13 | 99.2 bp −$992 | 207.4 bp −$20.7K | 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 XLEUSDC | −0.0809% | 4h | 62.778 | +0.009% | $48K | $208K | 10x | as long as short |
| KuCoin XLEUSDTM | −0.0218% | 8h | 62.610 | −0.259% | $807K | $691K | 20x | as long as short |
| BloFin XLE-USDT | −0.0013% | 8h | 62.760 | −0.020% | $58K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.791 | +0.029% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.750 | −0.036% | $795K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.780 | +0.012% | $323K | $201K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.670 | −0.163% | $301K | $575K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.700 | −0.115% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDTshort | 0.0000% | 8h | 62.750 | −0.036% | $220K | $85K | 20x | |
| Bitget XLEUSDT | 0.0000% | 8h | 62.760 | −0.020% | $95K | $87K | 20x | as long as short |
edgeX XLEUSDC
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate 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 | 62.760 | −0.020% | $44K | $15K | — | as long as short |
| GRVT XLE_USDT_Perplong | 0.0000% | 8h | 62.772 | long leg | $13K | $170K | 10x | |
| SunX XLE-USDT | 0.0000% | 8h | 62.815 | +0.068% | $1K | $4.5M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.685 | −0.139% | $5K | $35K | 10x | as long as short |
| QFEX XLE-USD | +0.0031% | 1h | 62.710 | −0.099% | $1.2M | $4.1M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0078% | 1h | 62.704 | −0.109% | $2.4M | $3.8M | 20x | as long as short |
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE