XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0288%/8h= +31.5% APRnext payment +$2.88 per $10,000 · paid last 24h +0.042%

Price spread now: Variational Omni against KuCoin+0.223%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Variational Omni is 0.223% dearer against KuCoin than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XLEUSDTM	62.650	−0.0288	get 0.0288% / 8h	7h 42m	$831K	$795K	20x
Short	Variational Omni XLE	62.790	0	get 0.0000% / 8h	7h 42m	$44K	$15K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.223%Rate

Funding earned: $60.48
Price spread: +0.223% → 0.000%: $22.29
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $70.77
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 22 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 KuCoin live order book, 22 min ago	9.60 bp	424.6 bp −$425	doesn't fit	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
edgeX XLEUSDC	−0.0946%	4h	62.756	+0.170%	$48K	$210K	10x	as long as short
KuCoin XLEUSDTMlong	−0.0288%	8h	62.650	long leg	$831K	$795K	20x
BloFin XLE-USDT	−0.0004%	8h	62.670	+0.032%	$58K	$9K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.743	+0.148%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.822	+0.274%	$789K	$977K	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.780	+0.208%	$320K	$204K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.730	+0.128%	$300K	$517K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.700	+0.080%	$64K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.760	+0.176%	$220K	$86K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.780	+0.208%	$97K	$72K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XLEshort	0.0000%	8h	62.790	+0.223%	$44K	$15K	—
SunX XLE-USDT	0.0000%	8h	62.822	+0.275%	$1K	$3.8M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	62.639	−0.018%	$5K	$35K	10x	as long as short
QFEX XLE-USD	+0.0060%	1h	62.800	+0.239%	$1.2M	$4.0M	30x	as long as short
tradeXYZ xyz:XLE	+0.0150%	1h	62.699	+0.078%	$2.3M	$3.8M	20x	as long as short
GRVT XLE_USDT_Perp	+0.1606%	8h	62.779	+0.206%	$13K	$154K	10x	as long as short