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: SunX against Bybit+0.066%56s7-day average +0.048% · 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−0.023%−$2 on $10k
Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.066%, 7d avg +0.048%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLEUSDT62.5300get 0.0000% / 8h6h 40m$323K$208K25x
ShortSunX XLE-USDT62.5710get 0.0000% / 8h6h 40m$2K$5.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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: +0.066% → +0.048%
$1.73
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$17.27
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 19 min ago; SunX: live order book, 8 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 Bybit live order book, 19 min ago3.20 bp13.0 bp −$13189.0 bp −$1,890doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago46.16 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0194%8h62.390−0.224%$786K$650K20xas long as short
BloFin XLE-USDT−0.0018%8h62.510−0.032%$58K$9K20xas long as short
Aster XLEUSDT0.0000%8h62.562+0.051%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.560+0.048%$798K$1.1M20xas long as short
Bybit XLEUSDTlong0.0000%8h62.530long leg$323K$208K25x
OKX XLE-USDT-SWAP0.0000%8h62.460−0.112%$299K$563K20xas long as short
Gate XLE_USDT0.0000%8h62.560+0.048%$61K$11K20xas long as short
MEXC XLE_USDT0.0000%8h62.560+0.048%$219K$87K20xas long as short
Bitget XLEUSDT0.0000%8h62.550+0.032%$95K$91K20xas long as short
Variational Omni XLE0.0000%8h62.565+0.056%$44K$15Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XLE-USDTshort0.0000%8h62.571+0.066%$2K$5.0M10x
HTX XLE-USDT0.0000%8h62.496−0.054%$5K$34K10xas long as short
QFEX XLE-USD+0.0047%1h62.550+0.032%$1.2M$6.0M30xas long as short
edgeX XLEUSDC+0.0088%4h62.579+0.079%$48K$209K10xas long as short
tradeXYZ xyz:XLE+0.0122%1h62.548+0.029%$2.4M$3.9M20xas long as short
GRVT XLE_USDT_Perp+0.0136%8h62.580+0.080%$13K$175K10xas long as short