Funding you earn now, next payment 08:00 UTC+0.0322%/8h= +35.3% APRpaid last 24h +0.069%
Price spread now: edgeX against Bybit−0.048%111s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.284%+$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. edgeX is 0.048% cheaper against Bybit than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.284% in total) that is about 28 hours. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XLVUSDT | 168.34 | 0 | get 0.0000% / 8h | 3h 47m | $84K | $21K | 25x |
| Short | edgeX XLVUSDC | 168.26 | 0.0322 | get 0.0161% / 4h | 3h 47m | $18K | $240K | 10x |
Bybit XLVUSDT
edgeX XLVUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $67.67
- Price spread: −0.048% → 0.000%
- −$4.82
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $42.85
- Costs to cover
- 0.200%
- Break-even
- 2.6 days
Slippage unknown: Bybit: no order-book sample; edgeX: live order book, 5 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 Bybit no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 5 min ago | 16.34 bp | 187.3 bp −$187 | doesn't fit | doesn't fit | doesn't fit |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XLV on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XLVUSDTlong | 0.0000% | 8h | 168.34 | long leg | $84K | $21K | 25x | |
| Gate XLV_USDT | 0.0000% | 8h | 168.36 | +0.012% | $14K | $554 | 20x | as long as short |
| MEXC XLV_USDT | 0.0000% | 8h | 168.42 | +0.048% | $45K | $79K | 20x | as long as short |
| Bitget XLVUSDT | 0.0000% | 8h | 168.53 | +0.113% | $63K | $8K | 20x | as long as short |
| edgeX XLVUSDCshort | +0.0322% | 4h | 168.26 | −0.048% | $18K | $240K | 10x |
Gate XLV_USDT
MEXC XLV_USDT
Bitget XLVUSDT