Funding you earn now, next payment 08:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h +0.069%
Price spread now: edgeX against Gate−0.105%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.105% cheaper against Gate than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XLV_USDT | 168.38 | 0 | get 0.0000% / 8h | 2h 51m | $14K | $566 | 20x |
| Short | edgeX XLVUSDC | 168.20 | −0.0075 | pay 0.0038% / 4h | 2h 51m | $18K | $240K | 10x |
Gate XLV_USDT
edgeX XLVUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$15.81
- Price spread: −0.105% → 0.000%
- −$10.53
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$50.34
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; edgeX: live order book, 61 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 Gate no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 61 min ago | 16.34 bp | 187.3 bp −$187 | doesn't fit | doesn't fit | doesn't fit |
Gate: 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 XLVUSDCshort | −0.0075% | 4h | 168.20 | −0.105% | $18K | $240K | 10x | |
| Bybit XLVUSDT | 0.0000% | 8h | 168.23 | −0.089% | $83K | $21K | 25x | as long as short |
| Gate XLV_USDTlong | 0.0000% | 8h | 168.38 | long leg | $14K | $566 | 20x | |
| MEXC XLV_USDT | 0.0000% | 8h | 168.37 | −0.006% | $45K | $79K | 20x | as long as short |
| Bitget XLVUSDT | 0.0000% | 8h | 168.71 | +0.196% | $63K | $8K | 20x | as long as short |
Bybit XLVUSDT
MEXC XLV_USDT
Bitget XLVUSDT