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: MEXC against SunX+0.212%7-day average +0.263% · you sell dearer than you buy
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)−0.170%−$17 · spread now +0.212%, 7d avg +0.263%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.051% cheaper against SunX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.263%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XLU-USDT | 40.630 | 0.0100 | pay 0.0100% / 8h | 6h 17m | — | $1.7M | 10x |
| Short | MEXC XLU_USDT | 40.716 | 0 | get 0.0000% / 8h | 6h 17m | $472K | $81K | 20x |
SunX XLU-USDT
MEXC XLU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against SunX. 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: +0.212% → +0.263%
- −$5.15
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$34.15
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 1 min ago; MEXC: live order book, 28 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 SunX live order book, 1 min ago | 900.59 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 28 min ago | 12.52 bp | 32.1 bp −$32 | 151.6 bp −$1,516 | 212.4 bp −$21.2K | 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 | 40.780 | +0.369% | $73K | $265K | 25x | as long as short |
| Gate XLU_USDT | 0.0000% | 8h | 40.710 | +0.197% | $23K | $2K | 20x | as long as short |
| MEXC XLU_USDTshort | 0.0000% | 8h | 40.716 | +0.212% | $472K | $81K | 20x | |
| Bitget XLUUSDT | 0.0000% | 8h | 40.746 | +0.286% | $339K | $45K | 20x | as long as short |
| HTX XLU-USDT | 0.0000% | 8h | 40.710 | +0.197% | $5K | $334K | 20x | as long as short |
| SunX XLU-USDTlong | +0.0100% | 8h | 40.630 | long leg | — | $1.7M | 10x |
Bybit XLUUSDT
Gate XLU_USDT
Bitget XLUUSDT
HTX XLU-USDT