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+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: SunX against BloFin+0.145%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−0.025%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.145% dearer against BloFin than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLE-USDT62.670−0.0007get 0.0007% / 8h1h 28m$58K$9K20x
ShortSunX XLE-USDT62.7610get 0.0000% / 8h1h 28m$1K$4.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$1.48
Price spread: +0.145% → 0.000%
$14.52
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$4
Costs to cover
0.200%
Break-even
25.9 days
Slippage unknown: BloFin: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago48.58 bpdoesn't fitdoesn't fitdoesn'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
edgeX XLEUSDC−0.0762%4h62.763+0.148%$48K$209K10xas long as short
KuCoin XLEUSDTM−0.0240%8h62.620−0.080%$809K$692K20xas long as short
BloFin XLE-USDTlong−0.0007%8h62.670long leg$58K$9K20x
Aster XLEUSDT0.0000%8h62.723+0.085%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.700+0.048%$794K$1.0M20xas long as short
Bybit XLEUSDT0.0000%8h62.690+0.032%$323K$201K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.620−0.080%$301K$566K20xas long as short
Gate XLE_USDT0.0000%8h62.700+0.048%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.690+0.032%$219K$86K20xas long as short
Bitget XLEUSDT0.0000%8h62.720+0.080%$95K$87K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLE0.0000%8h62.764+0.150%$44K$15Kas long as short
GRVT XLE_USDT_Perp0.0000%8h62.768+0.156%$13K$168K10xas long as short
SunX XLE-USDTshort0.0000%8h62.761+0.145%$1K$4.4M10x
HTX XLE-USDT0.0000%8h62.683+0.021%$5K$35K10xas long as short
QFEX XLE-USD+0.0031%1h62.720+0.080%$1.2M$4.1M30xas long as short
tradeXYZ xyz:XLE+0.0050%1h62.666−0.006%$2.4M$3.8M20xas long as short