Settings8H · net · $10k
Funding arb · Price arb /

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XLEUSDT62.6400get 0.0000% / 8h3h 10m$96K$81K20x
ShortBybit XLEUSDT62.6400get 0.0000% / 8h3h 10m$324K$201K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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

Funding earned
$0
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$23
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bitget: no order-book sample; Bybit: live order book, 34 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget no order-book sample
Sell Bybit live order book, 34 min ago2.40 bp83.4 bp −$83225.4 bp −$2,254doesn't fitdoesn't fit
Bitget: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XLE on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XLEUSDC−0.0680%4h62.626−0.023%$48K$208K10xas long as short
KuCoin XLEUSDTM−0.0275%8h62.500−0.223%$800K$647K20xas long as short
BloFin XLE-USDT−0.0008%8h62.530−0.176%$58K$9K20xas long as short
Aster XLEUSDT0.0000%8h62.606−0.054%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.667+0.043%$791K$1.0M20xas long as short
Bybit XLEUSDTshort0.0000%8h62.6400.000%$324K$201K25x
OKX XLE-USDT-SWAP0.0000%8h62.580−0.096%$300K$559K20xas long as short
Gate XLE_USDT0.0000%8h62.550−0.144%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.6400.000%$219K$88K20xas long as short
Bitget XLEUSDTlong0.0000%8h62.640long leg$96K$81K20x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLE0.0000%8h62.653+0.021%$44K$15Kas long as short
GRVT XLE_USDT_Perp0.0000%8h62.609−0.050%$13K$174K10xas long as short
SunX XLE-USDT0.0000%8h62.661+0.034%$1K$4.6M10xas long as short
HTX XLE-USDT0.0000%8h62.524−0.185%$5K$34K10xas long as short
QFEX XLE-USD+0.0026%1h62.6400.000%$1.2M$4.2M30xas long as short
tradeXYZ xyz:XLE+0.0134%1h62.591−0.078%$2.4M$3.8M20xas long as short