Funding you earn now, next payment 08:00 UTC+0.0496%/8h= +54.3% APRpaid last 24h +0.069%
Price spread now: edgeX against MEXC−0.231%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+0.284%+$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. edgeX is 0.231% cheaper against MEXC than usual: you would sell low and buy high (spread −0.231% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 37 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.284% in total) that is about 5.7 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 | MEXC XLV_USDT | 168.64 | 0 | get 0.0000% / 8h | 1h 19m | $45K | $81K | 20x |
| Short | edgeX XLVUSDC | 168.25 | 0.0496 | get 0.0248% / 4h | 1h 19m | $18K | $240K | 10x |
MEXC XLV_USDT
edgeX XLVUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against MEXC. 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
- $104.12
- Price spread: −0.231% → 0.000%
- −$23.11
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $72.01
- Costs to cover
- 0.090%
- Break-even
- 2.2 days
Slippage unknown: MEXC: no order-book sample; edgeX: live order book, 23 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 MEXC no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 23 min ago | 21.39 bp | 184.7 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
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 | 168.31 | −0.196% | $83K | $22K | 25x | as long as short |
| Gate XLV_USDT | 0.0000% | 8h | 168.33 | −0.184% | $14K | $598 | 20x | as long as short |
| MEXC XLV_USDTlong | 0.0000% | 8h | 168.64 | long leg | $45K | $81K | 20x | |
| Bitget XLVUSDT | 0.0000% | 8h | 168.82 | +0.107% | $63K | $8K | 20x | as long as short |
| edgeX XLVUSDCshort | +0.0496% | 4h | 168.25 | −0.231% | $18K | $240K | 10x |
Bybit XLVUSDT
Gate XLV_USDT
Bitget XLVUSDT