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

XLU

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against Bitget−0.314%7-day average −0.310% · you buy dearer than you sell
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 7 days+0.210%+$21 on $10k
Price spread, last 4 days (all we have)+0.287%+$29 · spread now −0.314%, 7d avg −0.310%
Together, before fees+0.497%+$50 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.310%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XLUUSDT40.7480get 0.0000% / 8h6h 20m$339K$45K20x
ShortSunX XLU-USDT40.6200.0100get 0.0100% / 8h6h 20m$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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
$21
Price spread: −0.314% → −0.310%
−$0.46
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$0.54
Costs to cover
0.200%
Break-even
6.8 days
Slippage unknown: Bitget: live order book, 26 min ago; SunX: live order book, 8 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 Bitget live order book, 26 min ago6.74 bp12.7 bp −$1339.7 bp −$397doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago900.15 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

XLU on 6 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
Bybit XLUUSDT0.0000%8h40.780+0.079%$73K$265K25xas long as short
Gate XLU_USDT0.0000%8h40.720−0.069%$23K$2K20xas long as short
MEXC XLU_USDT0.0000%8h40.722−0.064%$472K$81K20xas long as short
Bitget XLUUSDTlong0.0000%8h40.748long leg$339K$45K20x
HTX XLU-USDT0.0000%8h40.570−0.437%$5K$335K20xas long as short
SunX XLU-USDTshort+0.0100%8h40.620−0.314%$1.8M10x