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: OKX against Bybit−0.016%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1551.551% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.016%, 7d avg −0.033%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XLEUSDT | 62.500 | 0 | get 0.0000% / 8h | 5h 04m | $322K | $204K | 25x |
| Short | OKX XLE-USDT-SWAP | 62.490 | 0 | get 0.0000% / 8h | 5h 04m | $299K | $558K | 20x |
Bybit XLEUSDT
OKX XLE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $0
- Price spread: −0.016% → −0.033%
- $1.74
- Slippage, 4 orders
- −$134.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$153.32
- Costs to cover
- 1.551%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 50 min ago; OKX: live order book, 56 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 Bybit live order book, 50 min ago | 4.01 bp | 19.3 bp −$19 | 201.9 bp −$2,019 | doesn't fit | doesn't fit |
| Sell OKX live order book, 56 min ago | 8.81 bp | 31.0 bp −$31 | 263.3 bp −$2,633 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLEUSDTM | −0.0274% | 8h | 62.450 | −0.080% | $794K | $646K | 20x | as long as short |
| BloFin XLE-USDT | −0.0021% | 8h | 62.480 | −0.032% | $14K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.492 | −0.012% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.516 | +0.026% | $795K | $1.0M | 20x | as long as short |
| Bybit XLEUSDTlong | 0.0000% | 8h | 62.500 | long leg | $322K | $204K | 25x | |
| OKX XLE-USDT-SWAPshort | 0.0000% | 8h | 62.490 | −0.016% | $299K | $558K | 20x | |
| Gate XLE_USDT | 0.0000% | 8h | 62.480 | −0.032% | $61K | $11K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.490 | −0.016% | $219K | $88K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.510 | +0.016% | $96K | $81K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.493 | −0.011% | $44K | $14K | — | as long as short |
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.476 | −0.039% | $14K | $175K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.510 | +0.016% | $2K | $4.7M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.475 | −0.040% | $5K | $34K | 10x | as long as short |
| tradeXYZ xyz:XLE | +0.0050% | 1h | 62.478 | −0.035% | $2.4M | $3.8M | 20x | as long as short |
| QFEX XLE-USD | +0.0057% | 1h | 62.480 | −0.032% | $1.2M | $5.0M | 30x | as long as short |
| edgeX XLEUSDC | +0.0339% | 4h | 62.485 | −0.024% | $48K | $210K | 10x | as long as short |
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
tradeXYZ xyz:XLE
QFEX XLE-USD
edgeX XLEUSDC