XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0282%/8h= +30.9% APRnext payment +$2.82 per $10,000 · paid last 24h −0.002%

Price spread now: SunX against KuCoin+0.298%7-day average +0.089% · you sell dearer than you buy

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

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.298%, 7d avg +0.089%

Together, before fees−0.292%−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and SunX is 0.209% dearer against KuCoin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.089%. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XLEUSDTM	62.440	−0.0282	get 0.0282% / 8h	3h 15m	$799K	$646K	20x
Short	SunX XLE-USDT	62.626	0	get 0.0000% / 8h	3h 15m	$1K	$4.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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 KuCoinbpFee SunXbpOrdersPrice spread, now +0.298%Rate

Funding earned: $59.22
Price spread: +0.298% → +0.089%: $20.88
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: $60.1
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 9 min ago; SunX: live order book, 3 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 KuCoin live order book, 9 min ago	7.22 bp	471.4 bp −$471	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	46.94 bp	doesn't fit	doesn't fit	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 XLEUSDTMlong	−0.0282%	8h	62.440	long leg	$799K	$646K	20x
Aster XLEUSDT	0.0000%	8h	62.585	+0.233%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.610	+0.272%	$791K	$1.0M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.610	+0.272%	$324K	$201K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.580	+0.224%	$300K	$560K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.540	+0.160%	$64K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.620	+0.288%	$219K	$87K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.630	+0.304%	$96K	$81K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.619	+0.287%	$44K	$15K	—	as long as short
GRVT XLE_USDT_Perp	0.0000%	8h	62.595	+0.249%	$13K	$174K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX XLE-USDTshort	0.0000%	8h	62.626	+0.298%	$1K	$4.6M	10x
HTX XLE-USDT	0.0000%	8h	62.501	+0.098%	$5K	$34K	10x	as long as short
BloFin XLE-USDT	+0.0015%	8h	62.580	+0.224%	$58K	$9K	20x	as long as short
QFEX XLE-USD	+0.0026%	1h	62.600	+0.256%	$1.2M	$4.2M	30x	as long as short
tradeXYZ xyz:XLE	+0.0171%	1h	62.575	+0.216%	$2.4M	$3.8M	20x	as long as short
edgeX XLEUSDC	+0.0243%	4h	62.619	+0.287%	$48K	$210K	10x	as long as short