Funding you earn now, next payment 00:00 UTC−0.0850%/8h= −93.1% APRpaid last 24h +0.060%
Price spread now: MEXC against edgeX−0.050%68s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as 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−$510.512% of the position
Funding, last 7 days−0.325%−$33 on $10k
+Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.050%, 7d avg −0.002%
=Together, before fees−0.229%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and MEXC is 0.048% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.002%). Swap the legs. The two prices were read 68 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 -0.325% in total (about -17.0% 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 | 62.531 | 0.0850 | pay 0.0425% / 4h | 12m 22s | $48K | $211K | 10x |
| Short | MEXC XLE_USDT | 62.500 | 0 | get 0.0000% / 8h | 12m 22s | $219K | $112K | 20x |
edgeX XLEUSDC
MEXC XLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$178.53
- Price spread: −0.050% → −0.002%
- −$4.78
- Slippage, 4 orders
- −$42.17
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$234.48
- Costs to cover
- 0.512%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 65 min ago; MEXC: live order book, 47 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, 65 min ago | 6.40 bp | 14.5 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 6.40 bp | 12.4 bp −$12 | 105.1 bp −$1,051 | 213.9 bp −$21.4K | 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 XLEUSDTM | −0.0159% | 8h | 62.360 | −0.274% | $775K | $600K | 20x | as long as short |
| BloFin XLE-USDT | −0.0027% | 8h | 62.440 | −0.146% | $57K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.502 | −0.048% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.520 | −0.018% | $798K | $1.5M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.480 | −0.082% | $325K | $236K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.430 | −0.162% | $298K | $616K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.520 | −0.018% | $61K | $15K | 20x | as long as short |
| MEXC XLE_USDTshort | 0.0000% | 8h | 62.500 | −0.050% | $219K | $112K | 20x | |
| Bitget XLEUSDT | 0.0000% | 8h | 62.500 | −0.050% | $94K | $152K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.531 | −0.001% | $44K | $15K | — | as long as short |
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
Bitget XLEUSDT
Variational Omni XLEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XLE-USDT | 0.0000% | 8h | 62.535 | +0.006% | $1K | $6.0M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.282 | −0.399% | $5K | $34K | 10x | as long as short |
| GRVT XLE_USDT_Perp | +0.0043% | 8h | 62.504 | −0.043% | $13K | $182K | 10x | as long as short |
| QFEX XLE-USD | +0.0047% | 1h | 62.490 | −0.066% | $1.3M | $5.8M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0166% | 1h | 62.477 | −0.087% | $2.4M | $3.9M | 20x | as long as short |
| edgeX XLEUSDClong | +0.0850% | 4h | 62.531 | long leg | $48K | $211K | 10x |
SunX XLE-USDT
HTX XLE-USDT
GRVT XLE_USDT_Perp
QFEX XLE-USD
tradeXYZ xyz:XLE