Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: MEXC against Injective+2.100%70s7-day average +3.058% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)+0.483%+$48 · spread now +2.100%, 7d avg +3.058%
=Funding pays, the price is against you. MEXC is 0.958% cheaper against Injective than usual: you would sell low and buy high (spread +2.100% now, against its 7-day average of +3.058%). If the spread goes back, that is −$96 on $10k: about 48 days of funding at the current rate (+$2 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XDC/USDC PERP | 0.03048 | 0.0033 | pay 0.0004% / 1h | 29m 57s | — | $113K | 5.5x |
| Short | MEXC XDC_USDT | 0.03112 | 0.0100 | get 0.0050% / 4h | 3h 29m | $2.4M | $652K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- $14
- Price spread: +2.100% → +3.058%
- −$95.82
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$85.84
- Costs to cover
- 0.040%
- Break-even
- 49.9 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 4.81 bp | 28.6 bp −$29 | 119.0 bp −$1,190 | 583.6 bp −$58.4K | doesn't fit |
Injective: 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.
XDC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XDC/USDC PERPlong | +0.0033% | 1h | 0.03048 | long leg | — | $113K | 5.5x | |
| Bybit XDCUSDT | +0.0100% | 4h | 0.03112 | +2.100% | $3.0M | $1.7M | 20x | as long as short |
| Gate XDC_USDT | +0.0100% | 4h | 0.03116 | +2.231% | $379K | $46K | 20x | as long as short |
| MEXC XDC_USDTshort | +0.0100% | 4h | 0.03112 | +2.100% | $2.4M | $652K | 100x | |
| KuCoin XDCUSDTM | +0.0100% | 4h | 0.03119 | +2.329% | $345K | $1.9M | 10x | as long as short |
| Variational Omni XDC | +0.0100% | 4h | 0.03117 | +2.263% | $31K | $50 | — | as long as short |
| BloFin XDC-USDT | +0.0139% | 4h | 0.03118 | +2.297% | — | $30K | 20x | as long as short |
Injective XDC/USDC PERP
MEXC XDC_USDT
Bybit XDCUSDT
Gate XDC_USDT
KuCoin XDCUSDTM
Variational Omni XDC
BloFin XDC-USDT