Settings8H · net · $10k
Funding arb · Price arb /

XLE

RWAall XLE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.009%
Price spread now: tradeXYZ against MEXC−0.075%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.577% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.075%, 7d avg −0.079%
Together, before fees+0.046%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.079%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XLE_USDT62.6400get 0.0000% / 8h3h 04m$219K$88K20x
ShorttradeXYZ xyz:XLE62.5930.0100get 0.0012% / 1h4m 46s$2.4M$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against MEXC. 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
$20.96
Price spread: −0.075% → −0.079%
$0.44
Slippage, 4 orders
−$39.74
Fee MEXC: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$36.35
Costs to cover
0.577%
Break-even
19.1 days
Slippage from MEXC: live order book, 30 min ago; tradeXYZ: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 30 min ago7.99 bp13.5 bp −$1375.1 bp −$751199.1 bp −$19.9K270.5 bp −$135.3K
Sell tradeXYZ live order book, 2 min ago1.68 bp11.8 bp −$1218.6 bp −$186doesn'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−0.0265%8h62.510−0.208%$800K$647K20xas long as short
edgeX XLEUSDC−0.0073%4h62.667+0.043%$48K$208K10xas long as short
Aster XLEUSDT0.0000%8h62.607−0.052%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.670+0.048%$792K$1.0M20xas long as short
Bybit XLEUSDT0.0000%8h62.650+0.016%$323K$201K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.540−0.160%$300K$559K20xas long as short
Gate XLE_USDT0.0000%8h62.530−0.176%$64K$12K20xas long as short
MEXC XLE_USDTlong0.0000%8h62.640long leg$219K$88K20x
Bitget XLEUSDT0.0000%8h62.550−0.144%$95K$81K20xas long as short
Variational Omni XLE0.0000%8h62.669+0.046%$44K$15Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XLE_USDT_Perp0.0000%8h62.6400.000%$13K$174K10xas long as short
SunX XLE-USDT0.0000%8h62.677+0.059%$2K$4.6M10xas long as short
HTX XLE-USDT0.0000%8h62.590−0.080%$5K$34K10xas long as short
BloFin XLE-USDT+0.0011%8h62.600−0.064%$58K$9K20xas long as short
QFEX XLE-USD+0.0026%1h62.610−0.048%$1.2M$4.2M30xas long as short
tradeXYZ xyz:XLEshort+0.0100%1h62.593−0.075%$2.4M$3.8M20x