Funding you earn now, next payment 00:00 UTC−0.0222%/8h= −24.3% APRpaid last 24h −0.021%
Price spread now: edgeX against Bitget+0.138%74s7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as 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−$1121.124% of the position
Funding, last 7 days+0.346%+$35 on $10k
+Price spread, last 3 days (all we have)−0.229%−$23 · spread now +0.138%, 7d avg +0.046%
=Together, before fees+0.117%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.091% dearer against Bitget than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of +0.046%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 33 hours. Mind the row above: over the last 7 days funding on this pair paid +0.346%, so the current rate has only just turned against you. The two prices were read 74 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 | Bitget XLEUSDT | 62.570 | 0 | get 0.0000% / 8h | 3h 30m | $107K | $162K | 20x |
| Short | edgeX XLEUSDC | 62.656 | −0.0222 | pay 0.0111% / 4h | 3h 30m | $48K | $212K | 10x |
Bitget XLEUSDT
edgeX XLEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$46.67
- Price spread: +0.138% → +0.046%
- $9.13
- Slippage, 4 orders
- −$91.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$150
- Costs to cover
- 1.124%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 13 min ago; edgeX: live order book, 17 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 Bitget live order book, 13 min ago | 7.19 bp | 29.0 bp −$29 | 48.9 bp −$489 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 17 min ago | 7.99 bp | 15.5 bp −$15 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XLEUSDCshort | −0.0222% | 4h | 62.656 | +0.138% | $48K | $212K | 10x | |
| Aster XLEUSDT | 0.0000% | 8h | 62.591 | +0.034% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.640 | +0.112% | $804K | $1.9M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.630 | +0.096% | $333K | $280K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.510 | −0.096% | $298K | $689K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.530 | −0.064% | $61K | $24K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.560 | −0.016% | $219K | $116K | 20x | as long as short |
| Bitget XLEUSDTlong | 0.0000% | 8h | 62.570 | long leg | $107K | $162K | 20x | |
| Variational Omni XLE | 0.0000% | 8h | 62.653 | +0.133% | $44K | $15K | — | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.638 | +0.109% | $2K | $7.1M | 10x | as long as short |
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Variational Omni XLE
SunX XLE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX XLE-USDT | 0.0000% | 8h | 62.530 | −0.064% | $5K | $35K | 10x | as long as short |
| BloFin XLE-USDT | +0.0019% | 8h | 62.560 | −0.016% | $57K | $9K | 20x | as long as short |
| KuCoin XLEUSDTM | +0.0048% | 8h | 62.530 | −0.064% | $777K | $560K | 20x | as long as short |
| QFEX XLE-USD | +0.0061% | 1h | 62.610 | +0.064% | $1.3M | $4.3M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0092% | 1h | 62.560 | −0.016% | $2.4M | $4.0M | 20x | as long as short |
| GRVT XLE_USDT_Perp | +0.0117% | 8h | 62.627 | +0.091% | $13K | $193K | 10x | as long as short |
HTX XLE-USDT
BloFin XLE-USDT
KuCoin XLEUSDTM
QFEX XLE-USD
tradeXYZ xyz:XLE
GRVT XLE_USDT_Perp