Funding you earn now, next payment 08:00 UTC−0.0670%/8h= −73.3% APRpaid last 24h −0.069%
Price spread now: MEXC against edgeX+0.126%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. MEXC is 0.126% dearer against edgeX than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.284% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.284% in total (about -14.8% 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 | 168.21 | 0.0670 | pay 0.0335% / 4h | 1h 28m | $18K | $242K | 10x |
| Short | MEXC XLV_USDT | 168.42 | 0 | get 0.0000% / 8h | 1h 28m | $45K | $80K | 20x |
edgeX XLVUSDC
MEXC XLV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$140.61
- Price spread: +0.126% → 0.000%
- $12.6
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$137.01
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 13 min ago; MEXC: 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, 13 min ago | 21.39 bp | 181.5 bp −$181 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC no order-book sample | — | — | — | — | — |
MEXC: 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 XLVUSDT | 0.0000% | 8h | 168.28 | +0.043% | $83K | $22K | 25x | as long as short |
| Gate XLV_USDT | 0.0000% | 8h | 168.33 | +0.072% | $14K | $593 | 20x | as long as short |
| MEXC XLV_USDTshort | 0.0000% | 8h | 168.42 | +0.126% | $45K | $80K | 20x | |
| Bitget XLVUSDT | 0.0000% | 8h | 168.73 | +0.310% | $63K | $8K | 20x | as long as short |
| edgeX XLVUSDClong | +0.0670% | 4h | 168.21 | long leg | $18K | $242K | 10x |
Bybit XLVUSDT
Gate XLV_USDT
Bitget XLVUSDT