Funding you earn now, next payment 00:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h −0.026%
Price spread now: tradeXYZ against Bitget−0.056%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$880.885% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.056%, 7d avg −0.040%
=Together, before fees+0.067%+ Points / potential airdroptradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XLEUSDT | 62.500 | 0 | get 0.0000% / 8h | 39m 56s | $94K | $155K | 20x |
| Short | tradeXYZ xyz:XLE | 62.465 | 0.0200 | get 0.0025% / 1h | 39m 56s | $2.4M | $4.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bitget. 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
- $42.07
- Price spread: −0.056% → −0.040%
- −$1.59
- Slippage, 4 orders
- −$58.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$47.99
- Costs to cover
- 0.885%
- Break-even
- 15.0 days
Slippage from Bitget: live order book, 30 min ago; tradeXYZ: live order book, 8 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 Bitget live order book, 30 min ago | 7.19 bp | 19.3 bp −$19 | 34.1 bp −$341 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 3.68 bp | 14.0 bp −$14 | 21.5 bp −$215 | 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 XLEUSDC | −0.0449% | 4h | 62.547 | +0.075% | $48K | $211K | 10x | as long as short |
| KuCoin XLEUSDTM | −0.0028% | 8h | 62.380 | −0.192% | $773K | $605K | 20x | as long as short |
| BloFin XLE-USDT | −0.0001% | 8h | 62.450 | −0.080% | $57K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.520 | +0.031% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.550 | +0.080% | $797K | $1.6M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.500 | 0.000% | $325K | $263K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.440 | −0.096% | $298K | $641K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.530 | +0.048% | $61K | $15K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.510 | +0.016% | $219K | $110K | 20x | as long as short |
| Bitget XLEUSDTlong | 0.0000% | 8h | 62.500 | long leg | $94K | $155K | 20x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 62.537 | +0.059% | $44K | $15K | — | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.551 | +0.082% | $1K | $6.4M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.595 | +0.152% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USD | +0.0047% | 1h | 62.470 | −0.048% | $1.3M | $5.6M | 30x | as long as short |
| GRVT XLE_USDT_Perp | +0.0052% | 8h | 62.536 | +0.057% | $13K | $186K | 10x | as long as short |
| tradeXYZ xyz:XLEshort | +0.0200% | 1h | 62.465 | −0.056% | $2.4M | $4.0M | 20x |
Bitget XLEUSDT
tradeXYZ xyz:XLE
edgeX XLEUSDC
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
GRVT XLE_USDT_Perp