Funding you earn now, next payment 08:00 UTC−0.0658%/8h= −72.1% APRpaid last 24h −0.061%
Price spread now: edgeX against SunX−0.010%46s7-day average −0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.010%, 7d avg −0.007%
=Together, before fees+0.219%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.230%, so the current rate has only just turned against you. The two prices were read 46 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 0.230% in total (about 12.0% 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 | SunX XLE-USDT | 62.711 | 0 | get 0.0000% / 8h | 2h 23m | $1K | $4.5M | 10x |
| Short | edgeX XLEUSDC | 62.705 | −0.0658 | pay 0.0329% / 4h | 2h 23m | $48K | $208K | 10x |
SunX XLE-USDT
edgeX XLEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SunX. 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
- −$138.27
- Price spread: −0.010% → −0.007%
- −$0.31
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$155.57
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 5 min ago; edgeX: live order book, 23 min ago. Net counts fees only.
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 SunX live order book, 5 min ago | 46.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 23 min ago | 10.37 bp | 17.6 bp −$18 | 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 | −0.0658% | 4h | 62.705 | −0.010% | $48K | $208K | 10x | |
| KuCoin XLEUSDTM | −0.0265% | 8h | 62.590 | −0.193% | $805K | $673K | 20x | as long as short |
| BloFin XLE-USDT | −0.0019% | 8h | 62.660 | −0.081% | $58K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.635 | −0.120% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.717 | +0.010% | $792K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.700 | −0.018% | $324K | $202K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.690 | −0.033% | $302K | $579K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.680 | −0.049% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.700 | −0.018% | $220K | $87K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.700 | −0.018% | $95K | $81K | 20x | as long as short |
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC 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 | 62.705 | −0.010% | $44K | $15K | — | as long as short |
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.687 | −0.038% | $13K | $173K | 10x | as long as short |
| SunX XLE-USDTlong | 0.0000% | 8h | 62.711 | long leg | $1K | $4.5M | 10x | |
| HTX XLE-USDT | 0.0000% | 8h | 62.551 | −0.255% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USD | +0.0040% | 1h | 62.680 | −0.049% | $1.2M | $4.2M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0050% | 1h | 62.634 | −0.123% | $2.4M | $3.8M | 20x | as long as short |
Variational Omni XLE
GRVT XLE_USDT_Perp
HTX XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE