XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0217%/8h= +23.8% APRnext payment +$2.17 per $10,000 · paid last 24h +0.629%

Price spread now: GRVT against Binance+0.034%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$960.959% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.605%+$60 on $10k

Price spread, last 2 days (all we have)−0.083%−$8 · spread now +0.034%, 7d avg +0.059%

Together, before fees+0.522%+ Points / potential airdropGRVT: Active · farm board+$52 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.025% cheaper against Binance than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.059%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XLEUSDT	62.628	0	get 0.0000% / 8h	2h 09m	$801K	$1.9M	20x
Short	GRVT XLE_USDT_Perp	62.649	0.0217	get 0.0217% / 8h	2h 09m	$13K	$196K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee GRVTbpOrdersPrice spread, now +0.034%Rate

Funding earned: $45.57
Price spread: +0.034% → +0.059%: −$2.5
Slippage, 4 orders: −$76.88
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$52.81
Costs to cover: 0.959%
Break-even: 15.1 days

Slippage from Binance: live order book, 9 min ago; GRVT: live order book, 13 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 Binance live order book, 9 min ago	3.19 bp	22.4 bp −$22	132.6 bp −$1,326	doesn't fit	doesn't fit
Sell GRVT live order book, 13 min ago	4.79 bp	37.5 bp −$37	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
BloFin XLE-USDT	−0.0003%	8h	62.570	−0.092%	$57K	$9K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.609	−0.030%	$4K	$9K	20x	as long as short
Binance XLEUSDTlong	0.0000%	8h	62.628	long leg	$801K	$1.9M	20x
Bybit XLEUSDT	0.0000%	8h	62.600	−0.045%	$332K	$280K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.560	−0.108%	$298K	$691K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.570	−0.092%	$61K	$24K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.640	+0.019%	$219K	$117K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.630	+0.003%	$100K	$166K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.619	−0.014%	$44K	$15K	—	as long as short
SunX XLE-USDT	0.0000%	8h	62.617	−0.017%	$1K	$7.1M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX XLE-USDT	0.0000%	8h	62.597	−0.049%	$5K	$34K	10x	as long as short
QFEX XLE-USD	+0.0038%	1h	62.630	+0.003%	$1.3M	$5.0M	30x	as long as short
tradeXYZ xyz:XLE	+0.0074%	1h	62.597	−0.049%	$2.4M	$4.0M	20x	as long as short
KuCoin XLEUSDTM	+0.0100%	8h	62.520	−0.172%	$769K	$580K	20x	as long as short
GRVT XLE_USDT_Perpshort	+0.0217%	8h	62.649	+0.034%	$13K	$196K	10x
edgeX XLEUSDC	+0.0878%	4h	62.616	−0.019%	$48K	$210K	10x	as long as short