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

XLU

RWAall XLU markets
SwapBacktest
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 +0.010%
Price spread now: SunX against MEXC−0.108%7-day average −0.258% · 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+0.056%+$6 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.108%, 7d avg −0.258%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.150% dearer against MEXC than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.258%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XLU_USDT40.7440get 0.0000% / 8h4h 47m$473K$80K20x
ShortSunX XLU-USDT40.7000.0100get 0.0100% / 8h4h 47m$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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: −0.108% → −0.258%
$15
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
$28
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: MEXC: live order book, 50 min ago; SunX: live order book, 11 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 MEXC live order book, 50 min ago21.60 bp44.4 bp −$4478.8 bp −$788212.5 bp −$21.2Kdoesn't fit
Sell SunX live order book, 11 min ago901.28 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%8h40.740−0.010%$72K$264K25xas long as short
Gate XLU_USDT0.0000%8h40.730−0.034%$23K$2K20xas long as short
MEXC XLU_USDTlong0.0000%8h40.744long leg$473K$80K20x
Bitget XLUUSDT0.0000%8h40.720−0.059%$339K$27K20xas long as short
HTX XLU-USDT0.0000%8h40.670−0.182%$5K$336K20xas long as short
SunX XLU-USDTshort+0.0100%8h40.700−0.108%$1.5M10x