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

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.037%
Price spread now: HTX against OKX+0.128%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.128% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XLE-USDT-SWAP62.4400get 0.0000% / 8h39m 18s$298K$641K20x
ShortHTX XLE-USDT62.5200get 0.0000% / 8h39m 18s$5K$34K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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
$0
Price spread: +0.128% → 0.000%
$12.81
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$9.19
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 37 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 37 min ago4.80 bp14.9 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XLEUSDC−0.0816%4h62.535+0.152%$48K$210K10xas long as short
KuCoin XLEUSDTM−0.0035%8h62.380−0.096%$773K$605K20xas long as short
BloFin XLE-USDT−0.0017%8h62.450+0.016%$57K$9K20xas long as short
Aster XLEUSDT0.0000%8h62.520+0.128%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.550+0.176%$797K$1.6M20xas long as short
Bybit XLEUSDT0.0000%8h62.500+0.096%$325K$263K25xas long as short
OKX XLE-USDT-SWAPlong0.0000%8h62.440long leg$298K$641K20x
Gate XLE_USDT0.0000%8h62.530+0.144%$61K$15K20xas long as short
MEXC XLE_USDT0.0000%8h62.500+0.096%$219K$110K20xas long as short
Bitget XLEUSDT0.0000%8h62.510+0.112%$94K$155K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLE0.0000%8h62.537+0.156%$44K$15Kas long as short
SunX XLE-USDT0.0000%8h62.551+0.178%$1K$6.3M10xas long as short
HTX XLE-USDTshort0.0000%8h62.520+0.128%$5K$34K10x
QFEX XLE-USD+0.0047%1h62.450+0.016%$1.3M$5.6M30xas long as short
GRVT XLE_USDT_Perp+0.0052%8h62.546+0.170%$13K$186K10xas long as short
tradeXYZ xyz:XLE+0.0199%1h62.471+0.050%$2.4M$4.0M20xas long as short