Funding you earn now, next payment 23:00 UTC+0.0035%/8h= +3.9% APRpaid last 24h −0.066%
Price spread now: QFEX against MEXC+0.016%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$920.916% of the position
Funding, last 3 days (all we have)−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.016%, 7d avg +0.034%
=The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XLE_USDT | 62.560 | 0 | get 0.0000% / 8h | 1h 48m | $219K | $115K | 20x |
| Short | QFEX XLE-USD | 62.570 | 0.0035 | get 0.0004% / 1h | 48m 24s | $1.3M | $5.2M | 30x |
MEXC XLE_USDT
QFEX XLE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $7.39
- Price spread: +0.016% → +0.034%
- −$1.83
- Slippage, 4 orders
- −$81.6
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$86.04
- Costs to cover
- 0.916%
- Break-even
- 88.5 days
Slippage from MEXC: live order book, 24 min ago; QFEX: live order book, 5 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, 24 min ago | 3.19 bp | 11.0 bp −$11 | 111.2 bp −$1,112 | 214.4 bp −$21.4K | 291.1 bp −$145.6K |
| Sell QFEX live order book, 5 min ago | 27.97 bp | 35.1 bp −$35 | 44.0 bp −$440 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XLE-USDT | −0.0002% | 8h | 62.520 | −0.064% | $57K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.547 | −0.020% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.581 | +0.034% | $802K | $1.9M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.530 | −0.048% | $329K | $283K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.510 | −0.080% | $299K | $691K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.560 | 0.000% | $61K | $21K | 20x | as long as short |
| MEXC XLE_USDTlong | 0.0000% | 8h | 62.560 | long leg | $219K | $115K | 20x | |
| Bitget XLEUSDT | 0.0000% | 8h | 62.530 | −0.048% | $95K | $169K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.585 | +0.039% | $44K | $15K | — | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.586 | +0.042% | $1K | $7.1M | 10x | as long as short |
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
SunX XLE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX XLE-USDT | 0.0000% | 8h | 62.547 | −0.021% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USDshort | +0.0035% | 1h | 62.570 | +0.016% | $1.3M | $5.2M | 30x | |
| KuCoin XLEUSDTM | +0.0100% | 8h | 62.440 | −0.192% | $769K | $578K | 20x | as long as short |
| tradeXYZ xyz:XLE | +0.0139% | 1h | 62.535 | −0.040% | $2.4M | $4.0M | 20x | as long as short |
| GRVT XLE_USDT_Perp | +0.0167% | 8h | 62.569 | +0.014% | $14K | $193K | 10x | as long as short |
| edgeX XLEUSDC | +0.0356% | 4h | 62.584 | +0.039% | $48K | $211K | 10x | as long as short |
HTX XLE-USDT
KuCoin XLEUSDTM
tradeXYZ xyz:XLE
GRVT XLE_USDT_Perp
edgeX XLEUSDC