XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0276%/8h= −30.2% APRnext payment −$2.76 per $10,000 · paid last 24h +0.002%

Price spread now: KuCoin against Variational Omni−0.085%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.085% cheaper against Variational Omni than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XLE	62.493	0	get 0.0000% / 8h	5h 04m	$44K	$14K	—
Short	KuCoin XLEUSDTM	62.440	−0.0276	pay 0.0276% / 8h	5h 04m	$794K	$646K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee KuCoinbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$57.96
Price spread: −0.085% → 0.000%: −$8.45
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$78.41
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 29 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 29 min ago	5.62 bp	145.6 bp −$146	doesn't fit	doesn't fit	doesn't fit

Variational Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XLEUSDTMshort	−0.0276%	8h	62.440	−0.085%	$794K	$646K	20x
BloFin XLE-USDT	−0.0021%	8h	62.480	−0.021%	$14K	$9K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.494	+0.001%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.514	+0.034%	$795K	$1.0M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.490	−0.005%	$322K	$204K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.490	−0.005%	$299K	$558K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.480	−0.021%	$61K	$11K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.510	+0.028%	$219K	$88K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.510	+0.028%	$96K	$81K	20x	as long as short
Variational Omni XLElong	0.0000%	8h	62.493	long leg	$44K	$14K	—

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XLE_USDT_Perp	0.0000%	8h	62.476	−0.027%	$14K	$175K	10x	as long as short
SunX XLE-USDT	0.0000%	8h	62.510	+0.028%	$2K	$4.7M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	62.475	−0.029%	$5K	$34K	10x	as long as short
tradeXYZ xyz:XLE	+0.0050%	1h	62.478	−0.024%	$2.4M	$3.8M	20x	as long as short
QFEX XLE-USD	+0.0057%	1h	62.480	−0.021%	$1.2M	$5.0M	30x	as long as short
edgeX XLEUSDC	+0.0339%	4h	62.485	−0.013%	$48K	$210K	10x	as long as short