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

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.8% APRnext payment $0.08 per $10,000 · paid last 24h +0.006%
Price spread now: GRVT against BloFin−0.016%7-day average · you buy dearer than you sell
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−0.019%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLE-USDT62.5100.0008pay 0.0008% / 8h3h 49m$58K$9K20x
ShortGRVT XLE_USDT_Perp62.5000get 0.0000% / 8h3h 49m$13K$174K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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
−$1.58
Price spread: −0.016% → 0.000%
−$1.6
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$24.18
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; GRVT: live order book, 3 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 BloFin no order-book sample
Sell GRVT live order book, 3 min ago3.20 bp26.8 bp −$2782.7 bp −$827doesn't fitdoesn't fit
BloFin: 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
KuCoin XLEUSDTM−0.0297%8h62.410−0.160%$796K$645K20xas long as short
Aster XLEUSDT0.0000%8h62.502−0.014%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.532+0.035%$792K$1.0M20xas long as short
Bybit XLEUSDT0.0000%8h62.520+0.016%$323K$201K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.5100.000%$300K$558K20xas long as short
Gate XLE_USDT0.0000%8h62.480−0.048%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.500−0.016%$219K$85K20xas long as short
Bitget XLEUSDT0.0000%8h62.5100.000%$95K$81K20xas long as short
Variational Omni XLE0.0000%8h62.494−0.025%$44K$14Kas long as short
GRVT XLE_USDT_Perpshort0.0000%8h62.500−0.016%$13K$174K10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XLE-USDT0.0000%8h62.517+0.011%$1K$4.6M10xas long as short
HTX XLE-USDT0.0000%8h62.505−0.008%$5K$34K10xas long as short
BloFin XLE-USDTlong+0.0008%8h62.510long leg$58K$9K20x
QFEX XLE-USD+0.0026%1h62.5100.000%$1.2M$4.4M30xas long as short
edgeX XLEUSDC+0.0297%4h62.475−0.056%$48K$209K10xas long as short
tradeXYZ xyz:XLE+0.0493%1h62.464−0.074%$2.4M$3.8M20xas long as short