Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.032%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.032%, 7d avg −0.037%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XLE_USDT | 62.450 | 0 | get 0.0000% / 8h | 5h 48m | $219K | $86K | 20x |
| Short | Bybit XLEUSDT | 62.430 | 0 | get 0.0000% / 8h | 5h 48m | $322K | $207K | 25x |
MEXC XLE_USDT
Bybit XLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.032% → −0.037%
- $0.5
- Slippage, 4 orders
- −$109.8
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$120.3
- Costs to cover
- 1.208%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 61 min ago; Bybit: live order book, 6 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 MEXC live order book, 61 min ago | 7.19 bp | 9.0 bp −$9 | 72.1 bp −$721 | 212.9 bp −$21.3K | doesn't fit |
| Sell Bybit live order book, 6 min ago | 4.01 bp | 78.3 bp −$78 | 233.2 bp −$2,332 | doesn't fit | doesn't fit |
XLE on 15 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 XLEUSDTM | −0.0285% | 8h | 62.300 | −0.240% | $793K | $649K | 20x | as long as short |
| edgeX XLEUSDC | −0.0270% | 4h | 62.440 | −0.015% | $48K | $209K | 10x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.428 | −0.036% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.465 | +0.025% | $797K | $1.1M | 20x | as long as short |
| Bybit XLEUSDTshort | 0.0000% | 8h | 62.430 | −0.032% | $322K | $207K | 25x | |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.410 | −0.064% | $299K | $560K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.440 | −0.016% | $61K | $11K | 20x | as long as short |
| MEXC XLE_USDTlong | 0.0000% | 8h | 62.450 | long leg | $219K | $86K | 20x | |
| Bitget XLEUSDT | 0.0000% | 8h | 62.470 | +0.032% | $95K | $85K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.443 | −0.011% | $44K | $14K | — | as long as short |
KuCoin XLEUSDTM
edgeX XLEUSDC
Aster XLEUSDT
Binance XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
Bitget XLEUSDT
Variational Omni XLEShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.470 | +0.032% | $13K | $175K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.457 | +0.011% | $2K | $4.8M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.362 | −0.141% | $5K | $34K | 10x | as long as short |
| tradeXYZ xyz:XLE | +0.0050% | 1h | 62.420 | −0.048% | $2.4M | $3.8M | 20x | as long as short |
| QFEX XLE-USD | +0.0057% | 1h | 62.460 | +0.016% | $1.2M | $5.9M | 30x | as long as short |
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
tradeXYZ xyz:XLE
QFEX XLE-USD