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 11:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h −0.011%
Price spread now: SunX against QFEX+0.010%7-day average −0.009% · 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 4 days (all we have)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.010%, 7d avg −0.009%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX XLE-USD61.8000.0058pay 0.0007% / 1h6m 07s$1.2M$4.2M30x
ShortSunX XLE-USDT61.8060get 0.0000% / 8h5h 06m$2K$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against QFEX. 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
−$12.25
Price spread: +0.010% → −0.009%
$1.84
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$28.41
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 6 min ago; SunX: live order book, 5 min ago. 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 QFEX live order book, 6 min ago25.87 bp35.6 bp −$3642.5 bp −$425doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago47.84 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

XLE on 16 exchanges

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−0.0359%4h61.847+0.076%$48K$208K10xas long as short
KuCoin XLEUSDTM−0.0161%8h61.830+0.049%$1.0M$959K20xas long as short
Aster XLEUSDT0.0000%8h61.853+0.085%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h61.830+0.049%$770K$1.0M20xas long as short
Bybit XLEUSDT0.0000%8h61.750−0.081%$307K$219K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h61.750−0.081%$292K$476K20xas long as short
Gate XLE_USDT0.0000%8h61.820+0.032%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h61.810+0.016%$221K$86K20xas long as short
Bitget XLEUSDT0.0000%8h61.820+0.032%$98K$75K20xas long as short
Variational Omni XLE0.0000%8h61.850+0.082%$44K$10Kas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XLE_USDT_Perp0.0000%8h61.880+0.129%$14K$141K10xas long as short
SunX XLE-USDTshort0.0000%8h61.806+0.010%$2K$3.1M10x
HTX XLE-USDT0.0000%8h61.641−0.257%$5K$35K10xas long as short
BloFin XLE-USDT+0.0006%8h61.780−0.032%$59K$10K20xas long as short
tradeXYZ xyz:XLE+0.0053%1h61.758−0.068%$2.3M$4.1M20xas long as short
QFEX XLE-USDlong+0.0058%1h61.800long leg$1.2M$4.2M30x