Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.009%
Price spread now: tradeXYZ against MEXC−0.075%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.577% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.075%, 7d avg −0.079%
=Together, before fees+0.046%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.079%, so right now this pair is about funding alone: +$3 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 | 62.640 | 0 | get 0.0000% / 8h | 3h 04m | $219K | $88K | 20x |
| Short | tradeXYZ xyz:XLE | 62.593 | 0.0100 | get 0.0012% / 1h | 4m 46s | $2.4M | $3.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $20.96
- Price spread: −0.075% → −0.079%
- $0.44
- Slippage, 4 orders
- −$39.74
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$36.35
- Costs to cover
- 0.577%
- Break-even
- 19.1 days
Slippage from MEXC: live order book, 30 min ago; tradeXYZ: live order book, 2 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, 30 min ago | 7.99 bp | 13.5 bp −$13 | 75.1 bp −$751 | 199.1 bp −$19.9K | 270.5 bp −$135.3K |
| Sell tradeXYZ live order book, 2 min ago | 1.68 bp | 11.8 bp −$12 | 18.6 bp −$186 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLEUSDTM | −0.0265% | 8h | 62.510 | −0.208% | $800K | $647K | 20x | as long as short |
| edgeX XLEUSDC | −0.0073% | 4h | 62.667 | +0.043% | $48K | $208K | 10x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.607 | −0.052% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.670 | +0.048% | $792K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.650 | +0.016% | $323K | $201K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.540 | −0.160% | $300K | $559K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.530 | −0.176% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDTlong | 0.0000% | 8h | 62.640 | long leg | $219K | $88K | 20x | |
| Bitget XLEUSDT | 0.0000% | 8h | 62.550 | −0.144% | $95K | $81K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.669 | +0.046% | $44K | $15K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.640 | 0.000% | $13K | $174K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.677 | +0.059% | $2K | $4.6M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.590 | −0.080% | $5K | $34K | 10x | as long as short |
| BloFin XLE-USDT | +0.0011% | 8h | 62.600 | −0.064% | $58K | $9K | 20x | as long as short |
| QFEX XLE-USD | +0.0026% | 1h | 62.610 | −0.048% | $1.2M | $4.2M | 30x | as long as short |
| tradeXYZ xyz:XLEshort | +0.0100% | 1h | 62.593 | −0.075% | $2.4M | $3.8M | 20x |
MEXC XLE_USDT
tradeXYZ xyz:XLE
KuCoin XLEUSDTM
edgeX XLEUSDC
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
BloFin XLE-USDT