Funding you earn now, next payment 12:00 UTC+0.0603%/8h= +66.0% APRpaid last 24h −0.061%
Price spread now: Bybit against edgeX−0.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Bybit is 0.110% cheaper against edgeX than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 15 hours of funding at the current rate (+$18 a day). Mind the row above: over the last 7 days funding on this pair cost −0.200%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.200% in total (about -10.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XLVUSDC | 168.77 | −0.0603 | get 0.0301% / 4h | 3h 01m | $18K | $241K | 10x |
| Short | Bybit XLVUSDT | 168.58 | 0 | get 0.0000% / 8h | 7h 01m | $83K | $21K | 25x |
edgeX XLVUSDC
Bybit XLVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- $126.55
- Price spread: −0.110% → 0.000%
- −$10.98
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $95.57
- Costs to cover
- 0.200%
- Break-even
- 1.7 days
Slippage unknown: edgeX: live order book, 31 min ago; Bybit: no order-book sample. 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 edgeX live order book, 31 min ago | 20.45 bp | 193.0 bp −$193 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XLVUSDClong | −0.0603% | 4h | 168.77 | long leg | $18K | $241K | 10x | |
| Bybit XLVUSDTshort | 0.0000% | 8h | 168.58 | −0.110% | $83K | $21K | 25x | |
| Gate XLV_USDT | 0.0000% | 8h | 168.44 | −0.193% | $14K | $613 | 20x | as long as short |
| MEXC XLV_USDT | 0.0000% | 8h | 168.80 | +0.021% | $45K | $82K | 20x | as long as short |
| Bitget XLVUSDT | 0.0000% | 8h | 168.71 | −0.033% | $63K | $8K | 20x | as long as short |
Gate XLV_USDT
MEXC XLV_USDT
Bitget XLVUSDT