Funding you earn now, next payment 08:00 UTC−0.1066%/8h= −116.7% APRpaid last 24h +0.063%
Price spread now: KuCoin against edgeX−0.235%113s7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$656as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$6386.381% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.235%, 7d avg −0.080%
=Together, before fees+0.052%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and KuCoin is 0.156% cheaper against edgeX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.080%). Swap the legs. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.179% in total (about -9.3% 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 XLEUSDC | 62.527 | 0.0786 | pay 0.0393% / 4h | 3h 37m | $48K | $208K | 10x |
| Short | KuCoin XLEUSDTM | 62.380 | −0.0280 | pay 0.0280% / 8h | 3h 37m | $795K | $644K | 20x |
edgeX XLEUSDC
KuCoin XLEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$223.84
- Price spread: −0.235% → −0.080%
- −$15.56
- Slippage, 4 orders
- −$617.13
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$877.52
- Costs to cover
- 6.381%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 14 min ago; KuCoin: live order book, 52 min ago.
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, 14 min ago | 9.60 bp | 17.6 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 4.01 bp | 177.6 bp −$178 | doesn't fit | doesn't fit | doesn't fit |
XLE on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLEUSDTMshort | −0.0280% | 8h | 62.380 | −0.235% | $795K | $644K | 20x | |
| Aster XLEUSDT | 0.0000% | 8h | 62.517 | −0.017% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.590 | +0.100% | $792K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.530 | +0.005% | $323K | $201K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.570 | +0.069% | $300K | $559K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.510 | −0.027% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.550 | +0.037% | $219K | $86K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.500 | −0.043% | $95K | $81K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.524 | −0.005% | $44K | $14K | — | as long as short |
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.539 | +0.019% | $13K | $174K | 10x | as long as short |
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
GRVT XLE_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XLE-USDT | 0.0000% | 8h | 62.587 | +0.096% | $1K | $4.6M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.503 | −0.039% | $5K | $34K | 10x | as long as short |
| BloFin XLE-USDT | +0.0005% | 8h | 62.530 | +0.005% | $58K | $9K | 20x | as long as short |
| QFEX XLE-USD | +0.0026% | 1h | 62.550 | +0.037% | $1.2M | $4.4M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0312% | 1h | 62.522 | −0.008% | $2.4M | $3.8M | 20x | as long as short |
| edgeX XLEUSDClong | +0.0786% | 4h | 62.527 | long leg | $48K | $208K | 10x |
SunX XLE-USDT
HTX XLE-USDT
BloFin XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE