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: MEXC against Binance−0.016%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$520.519% of the position
Funding, last 7 days+0.621%+$62 on $10k
+Price spread, last 2 days (all we have)+0.001%$0 · spread now −0.016%, 7d avg −0.026%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XLEUSDT | 62.590 | 0 | get 0.0000% / 8h | 6h 36m | $798K | $1.1M | 20x |
| Short | MEXC XLE_USDT | 62.580 | 0 | get 0.0000% / 8h | 6h 36m | $219K | $87K | 20x |
Binance XLEUSDT
MEXC XLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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: −0.016% → −0.026%
- $0.95
- Slippage, 4 orders
- −$41.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$50.95
- Costs to cover
- 0.519%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 13 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 Binance live order book, 11 min ago | 3.19 bp | 13.9 bp −$14 | 67.7 bp −$677 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 13 min ago | 7.19 bp | 14.2 bp −$14 | 114.3 bp −$1,143 | 209.6 bp −$21.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XLEUSDC | −0.0813% | 4h | 62.568 | −0.036% | $48K | $209K | 10x | as long as short |
| KuCoin XLEUSDTM | −0.0208% | 8h | 62.420 | −0.272% | $788K | $651K | 20x | as long as short |
| BloFin XLE-USDT | −0.0018% | 8h | 62.510 | −0.128% | $58K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.568 | −0.035% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDTlong | 0.0000% | 8h | 62.590 | long leg | $798K | $1.1M | 20x | |
| Bybit XLEUSDT | 0.0000% | 8h | 62.550 | −0.064% | $323K | $208K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.560 | −0.048% | $299K | $566K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.590 | 0.000% | $61K | $11K | 20x | as long as short |
| MEXC XLE_USDTshort | 0.0000% | 8h | 62.580 | −0.016% | $219K | $87K | 20x | |
| Bitget XLEUSDT | 0.0000% | 8h | 62.560 | −0.048% | $95K | $90K | 20x | as long as short |
edgeX XLEUSDC
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
Bitget XLEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 62.580 | −0.016% | $44K | $15K | — | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.586 | −0.007% | $2K | $5.0M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.642 | +0.083% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USD | +0.0047% | 1h | 62.570 | −0.032% | $1.2M | $6.0M | 30x | as long as short |
| GRVT XLE_USDT_Perp | +0.0074% | 8h | 62.579 | −0.018% | $13K | $175K | 10x | as long as short |
| tradeXYZ xyz:XLE | +0.0129% | 1h | 62.535 | −0.088% | $2.4M | $3.9M | 20x | as long as short |
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
GRVT XLE_USDT_Perp
tradeXYZ xyz:XLE