XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.59 per $10,000 · paid last 24h −0.020%

Price spread now: Bybit against GRVT−0.016%7-day average −0.076% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 3 days (all we have)+0.043%+$4 · spread now −0.016%, 7d avg −0.076%

Together, before fees+0.062%+ Points / potential airdropGRVT: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.060% dearer against GRVT than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.076%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XLE_USDT_Perp	62.520	0.0059	pay 0.0059% / 8h	7h 56m	$14K	$180K	10x
Short	Bybit XLEUSDT	62.510	0	get 0.0000% / 8h	7h 56m	$325K	$217K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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

Position, each leg$Hold fordaysFee GRVTbpFee BybitbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$12.39
Price spread: −0.016% → −0.076%: $5.97
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$26.42
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 15 min ago; Bybit: live order book, 7 min ago. Net counts fees only.

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 GRVT live order book, 15 min ago	807.87 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 7 min ago	3.20 bp	38.7 bp −$39	201.1 bp −$2,011	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	−0.0177%	8h	62.380	−0.224%	$785K	$608K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.504	−0.025%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.553	+0.053%	$799K	$1.4M	20x	as long as short
Bybit XLEUSDTshort	0.0000%	8h	62.510	−0.016%	$325K	$217K	25x
OKX XLE-USDT-SWAP	0.0000%	8h	62.390	−0.208%	$298K	$580K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.510	−0.016%	$61K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.510	−0.016%	$219K	$100K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.510	−0.016%	$94K	$102K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.532	+0.018%	$44K	$15K	—	as long as short
SunX XLE-USDT	0.0000%	8h	62.531	+0.017%	$1K	$5.8M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX XLE-USDT	0.0000%	8h	62.296	−0.358%	$5K	$34K	10x	as long as short
BloFin XLE-USDT	+0.0014%	8h	62.410	−0.176%	$57K	$9K	20x	as long as short
QFEX XLE-USD	+0.0043%	1h	62.520	0.000%	$1.2M	$5.9M	30x	as long as short
GRVT XLE_USDT_Perplong	+0.0059%	8h	62.520	long leg	$14K	$180K	10x
edgeX XLEUSDC	+0.0067%	4h	62.538	+0.029%	$48K	$209K	10x	as long as short
tradeXYZ xyz:XLE	+0.0214%	1h	62.481	−0.063%	$2.4M	$3.9M	20x	as long as short