Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: SunX against MEXC−0.108%7-day average −0.258% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.108%, 7d avg −0.258%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.150% dearer against MEXC than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.258%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XLU_USDT | 40.744 | 0 | get 0.0000% / 8h | 4h 47m | $473K | $80K | 20x |
| Short | SunX XLU-USDT | 40.700 | 0.0100 | get 0.0100% / 8h | 4h 47m | — | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: −0.108% → −0.258%
- $15
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $28
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 50 min ago; SunX: live order book, 11 min ago. Net counts fees only.
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, 50 min ago | 21.60 bp | 44.4 bp −$44 | 78.8 bp −$788 | 212.5 bp −$21.2K | doesn't fit |
| Sell SunX live order book, 11 min ago | 901.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
XLU on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XLUUSDT | 0.0000% | 8h | 40.740 | −0.010% | $72K | $264K | 25x | as long as short |
| Gate XLU_USDT | 0.0000% | 8h | 40.730 | −0.034% | $23K | $2K | 20x | as long as short |
| MEXC XLU_USDTlong | 0.0000% | 8h | 40.744 | long leg | $473K | $80K | 20x | |
| Bitget XLUUSDT | 0.0000% | 8h | 40.720 | −0.059% | $339K | $27K | 20x | as long as short |
| HTX XLU-USDT | 0.0000% | 8h | 40.670 | −0.182% | $5K | $336K | 20x | as long as short |
| SunX XLU-USDTshort | +0.0100% | 8h | 40.700 | −0.108% | — | $1.5M | 10x |
MEXC XLU_USDT
SunX XLU-USDT
Bybit XLUUSDT
Gate XLU_USDT
Bitget XLUUSDT
HTX XLU-USDT