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 10:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.008%
Price spread now: GRVT against tradeXYZ+0.098%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$970.970% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.161%−$16 on $10k
Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.098%, 7d avg +0.111%
Together, before fees−0.256%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.111%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:XLE62.2290.0050pay 0.0006% / 1h55m 15s$2.4M$3.9M20x
ShortGRVT XLE_USDT_Perp62.2900get 0.0000% / 8h6h 55m$13K$150K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against tradeXYZ. 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
−$10.5
Price spread: +0.098% → +0.111%
−$1.33
Slippage, 4 orders
−$70.05
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$108.88
Costs to cover
0.970%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; GRVT: live order book, 37 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 tradeXYZ live order book, 3 min ago0.56 bp17.3 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 37 min ago2.39 bp40.6 bp −$41doesn't fitdoesn'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
edgeX XLEUSDC−0.0799%4h62.285+0.090%$48K$208K10xas long as short
KuCoin XLEUSDTM−0.0368%8h62.140−0.143%$830K$829K20xas long as short
Aster XLEUSDT0.0000%8h62.321+0.147%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.300+0.114%$771K$961K20xas long as short
Bybit XLEUSDT0.0000%8h62.260+0.050%$315K$205K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.250+0.034%$299K$477K20xas long as short
Gate XLE_USDT0.0000%8h62.240+0.018%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.280+0.082%$217K$85K20xas long as short
Bitget XLEUSDT0.0000%8h62.290+0.098%$96K$66K20xas long as short
Variational Omni XLE0.0000%8h62.283+0.087%$44K$13Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XLE_USDT_Perpshort0.0000%8h62.290+0.098%$13K$150K10x
SunX XLE-USDT0.0000%8h62.287+0.093%$1K$3.3M10xas long as short
HTX XLE-USDT0.0000%8h62.204−0.040%$5K$35K10xas long as short
BloFin XLE-USDT+0.0011%8h62.290+0.098%$58K$9K20xas long as short
QFEX XLE-USD+0.0040%1h62.300+0.114%$1.2M$4.1M30xas long as short
tradeXYZ xyz:XLElong+0.0050%1h62.229long leg$2.4M$3.9M20x