Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.009%
Price spread now: QFEX against MEXC+0.016%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 4 days (all we have)−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.016%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XLE_USDT | 62.820 | 0 | get 0.0000% / 8h | 32m 10s | $220K | $86K | 20x |
| Short | QFEX XLE-USD | 62.830 | 0.0033 | get 0.0004% / 1h | 32m 10s | $1.2M | $4.0M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $6.97
- Price spread: +0.016% → +0.022%
- −$0.65
- Slippage, 4 orders
- −$33.35
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$37.03
- Costs to cover
- 0.433%
- Break-even
- 44.2 days
Slippage from MEXC: live order book, 52 min ago; QFEX: live order book, 6 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, 52 min ago | 3.19 bp | 11.3 bp −$11 | 114.9 bp −$1,149 | 212.7 bp −$21.3K | doesn't fit |
| Sell QFEX live order book, 6 min ago | 6.36 bp | 12.0 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLEUSDTM | −0.0289% | 8h | 62.670 | −0.239% | $818K | $724K | 20x | as long as short |
| BloFin XLE-USDT | −0.0009% | 8h | 62.810 | −0.016% | $58K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.798 | −0.036% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.860 | +0.064% | $793K | $921K | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.800 | −0.032% | $322K | $202K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.820 | 0.000% | $301K | $545K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.700 | −0.191% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDTlong | 0.0000% | 8h | 62.820 | long leg | $220K | $86K | 20x | |
| Bitget XLEUSDT | 0.0000% | 8h | 62.840 | +0.032% | $95K | $82K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.878 | +0.092% | $44K | $15K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.834 | +0.023% | $13K | $163K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.883 | +0.100% | $2K | $3.9M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.763 | −0.091% | $5K | $36K | 10x | as long as short |
| QFEX XLE-USDshort | +0.0033% | 1h | 62.830 | +0.016% | $1.2M | $4.0M | 30x | |
| tradeXYZ xyz:XLE | +0.0077% | 1h | 62.775 | −0.072% | $2.4M | $3.8M | 20x | as long as short |
| edgeX XLEUSDC | +0.0895% | 4h | 62.815 | −0.008% | $48K | $209K | 10x | as long as short |
MEXC XLE_USDT
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
tradeXYZ xyz:XLE
edgeX XLEUSDC