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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:XLE | 62.229 | 0.0050 | pay 0.0006% / 1h | 55m 15s | $2.4M | $3.9M | 20x |
| Short | GRVT XLE_USDT_Perp | 62.290 | 0 | get 0.0000% / 8h | 6h 55m | $13K | $150K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 3 min ago | 0.56 bp | 17.3 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 37 min ago | 2.39 bp | 40.6 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0799% | 4h | 62.285 | +0.090% | $48K | $208K | 10x | as long as short |
| KuCoin XLEUSDTM | −0.0368% | 8h | 62.140 | −0.143% | $830K | $829K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.321 | +0.147% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.300 | +0.114% | $771K | $961K | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.260 | +0.050% | $315K | $205K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.250 | +0.034% | $299K | $477K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.240 | +0.018% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.280 | +0.082% | $217K | $85K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.290 | +0.098% | $96K | $66K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.283 | +0.087% | $44K | $13K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XLE_USDT_Perpshort | 0.0000% | 8h | 62.290 | +0.098% | $13K | $150K | 10x | |
| SunX XLE-USDT | 0.0000% | 8h | 62.287 | +0.093% | $1K | $3.3M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.204 | −0.040% | $5K | $35K | 10x | as long as short |
| BloFin XLE-USDT | +0.0011% | 8h | 62.290 | +0.098% | $58K | $9K | 20x | as long as short |
| QFEX XLE-USD | +0.0040% | 1h | 62.300 | +0.114% | $1.2M | $4.1M | 30x | as long as short |
| tradeXYZ xyz:XLElong | +0.0050% | 1h | 62.229 | long leg | $2.4M | $3.9M | 20x |
tradeXYZ xyz:XLE
GRVT XLE_USDT_Perp
edgeX XLEUSDC
KuCoin XLEUSDTM
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
BloFin XLE-USDT