Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX+0.048%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$720.715% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.048%, 7d avg +0.068%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XLE-USDT-SWAP | 61.890 | 0 | get 0.0000% / 8h | 5h 47m | $294K | $483K | 20x |
| Short | MEXC XLE_USDT | 61.920 | 0 | get 0.0000% / 8h | 5h 47m | $221K | $84K | 20x |
OKX XLE-USDT-SWAP
MEXC XLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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: +0.048% → +0.068%
- −$1.95
- Slippage, 4 orders
- −$61.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$73.5
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from OKX: live order book, 61 min ago; MEXC: live order book, 56 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 OKX live order book, 61 min ago | 2.41 bp | 16.5 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 56 min ago | 5.62 bp | 13.1 bp −$13 | 120.5 bp −$1,205 | 211.3 bp −$21.1K | doesn't fit |
XLE on 16 exchanges
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 | −0.0375% | 8h | 62.040 | +0.242% | $1.0M | $917K | 20x | as long as short |
| edgeX XLEUSDC | −0.0147% | 4h | 61.925 | +0.056% | $48K | $208K | 10x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 61.932 | +0.068% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 61.945 | +0.088% | $772K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 61.880 | −0.016% | $308K | $213K | 25x | as long as short |
| OKX XLE-USDT-SWAPlong | 0.0000% | 8h | 61.890 | long leg | $294K | $483K | 20x | |
| Gate XLE_USDT | 0.0000% | 8h | 61.860 | −0.048% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDTshort | 0.0000% | 8h | 61.920 | +0.048% | $221K | $84K | 20x | |
| Bitget XLEUSDT | 0.0000% | 8h | 61.900 | +0.016% | $94K | $74K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 61.929 | +0.063% | $44K | $10K | — | as long as short |
KuCoin XLEUSDTM
edgeX XLEUSDC
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
Gate XLE_USDT
Bitget XLEUSDT
Variational Omni XLEShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 61.939 | +0.080% | $13K | $143K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 61.937 | +0.076% | $2K | $3.1M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 61.860 | −0.048% | $5K | $35K | 10x | as long as short |
| BloFin XLE-USDT | +0.0008% | 8h | 61.840 | −0.081% | $59K | $10K | 20x | as long as short |
| QFEX XLE-USD | +0.0058% | 1h | 61.910 | +0.032% | $1.2M | $4.1M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0157% | 1h | 61.857 | −0.053% | $2.3M | $4.1M | 20x | as long as short |
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
BloFin XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE