Funding you earn now, next payment 04:00 UTC−0.0580%/8h= −63.5% APRpaid last 24h −0.009%
Price spread now: edgeX against MEXC+0.003%113s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as 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−$500.502% of the position
Funding, last 7 days+0.288%+$29 on $10k
+Price spread, last 3 days (all we have)−0.040%−$4 · spread now +0.003%, 7d avg +0.003%
=Together, before fees+0.248%+ Points / potential airdropedgeX: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.288%, so the current rate has only just turned against you. The two prices were read 113 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 0.288% in total (about 15.0% 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 | MEXC XLE_USDT | 62.560 | 0 | get 0.0000% / 8h | 7h 45m | $219K | $100K | 20x |
| Short | edgeX XLEUSDC | 62.562 | −0.0580 | pay 0.0290% / 4h | 3h 45m | $48K | $211K | 10x |
MEXC XLE_USDT
edgeX XLEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$121.87
- Price spread: +0.003% → +0.003%
- −$0.03
- Slippage, 4 orders
- −$41.23
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$172.14
- Costs to cover
- 0.502%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; edgeX: live order book, 26 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, 9 min ago | 4.00 bp | 8.5 bp −$8 | 97.2 bp −$972 | 212.3 bp −$21.2K | doesn't fit |
| Sell edgeX live order book, 26 min ago | 8.00 bp | 14.5 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 | −0.0580% | 4h | 62.562 | +0.003% | $48K | $211K | 10x | |
| KuCoin XLEUSDTM | −0.0187% | 8h | 62.460 | −0.160% | $786K | $602K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.519 | −0.065% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.610 | +0.080% | $800K | $1.2M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.550 | −0.016% | $324K | $211K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.500 | −0.096% | $299K | $574K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.530 | −0.048% | $61K | $12K | 20x | as long as short |
| MEXC XLE_USDTlong | 0.0000% | 8h | 62.560 | long leg | $219K | $100K | 20x | |
| Bitget XLEUSDT | 0.0000% | 8h | 62.600 | +0.064% | $94K | $99K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.605 | +0.072% | $44K | $15K | — | as long as short |
KuCoin XLEUSDTM
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 | 62.621 | +0.098% | $2K | $5.5M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.698 | +0.221% | $5K | $34K | 10x | as long as short |
| BloFin XLE-USDT | +0.0020% | 8h | 62.370 | −0.304% | $57K | $9K | 20x | as long as short |
| QFEX XLE-USD | +0.0043% | 1h | 62.590 | +0.048% | $1.2M | $6.0M | 30x | as long as short |
| GRVT XLE_USDT_Perp | +0.0392% | 8h | 62.554 | −0.010% | $13K | $178K | 10x | as long as short |
| tradeXYZ xyz:XLE | +0.0426% | 1h | 62.554 | −0.010% | $2.4M | $3.9M | 20x | as long as short |
SunX XLE-USDT
HTX XLE-USDT
BloFin XLE-USDT
QFEX XLE-USD
GRVT XLE_USDT_Perp
tradeXYZ xyz:XLE