XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0173%/8h= −18.9% APRnext payment −$1.73 per $10,000 · paid last 24h −0.005%

Price spread now: Variational Omni against GRVT−0.024%104s7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.024% cheaper against GRVT than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XLE_USDT_Perp	62.588	0.0173	pay 0.0173% / 8h	7h 05m	$13K	$175K	10x
Short	Variational Omni XLE	62.573	0	get 0.0000% / 8h	7h 05m	$44K	$15K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.024%Rate

Funding earned: −$36.33
Price spread: −0.024% → 0.000%: −$2.4
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$47.73
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 1 min ago; Variational Omni: no order-book sample. 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, 1 min ago	3.99 bp	15.9 bp −$16	76.4 bp −$764	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XLEUSDTM	−0.0173%	8h	62.470	−0.189%	$779K	$635K	20x	as long as short
BloFin XLE-USDT	−0.0026%	8h	62.460	−0.205%	$14K	$9K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.562	−0.043%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.595	+0.010%	$797K	$1.1M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.560	−0.045%	$324K	$208K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.460	−0.205%	$298K	$563K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.580	−0.014%	$61K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.580	−0.014%	$219K	$103K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.520	−0.109%	$94K	$90K	20x	as long as short
Variational Omni XLEshort	0.0000%	8h	62.573	−0.024%	$44K	$15K	—

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX XLE-USDT	0.0000%	8h	62.582	−0.010%	$2K	$5.1M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	62.550	−0.061%	$5K	$35K	10x	as long as short
QFEX XLE-USD	+0.0043%	1h	62.560	−0.045%	$1.2M	$6.0M	30x	as long as short
GRVT XLE_USDT_Perplong	+0.0173%	8h	62.588	long leg	$13K	$175K	10x
edgeX XLEUSDC	+0.0399%	4h	62.583	−0.009%	$48K	$209K	10x	as long as short
tradeXYZ xyz:XLE	+0.0463%	1h	62.548	−0.065%	$2.4M	$3.9M	20x	as long as short