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 −0.030%
Price spread now: HTX against SunX−0.221%7-day average +0.113% · 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)+0.451%+$45 · spread now −0.221%, 7d avg +0.113%
Together, before fees+0.241%+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.335% cheaper against SunX than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of +0.113%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLU-USDT40.7100.0100pay 0.0100% / 8h4h 47m$1.5M10x
ShortHTX XLU-USDT40.6200get 0.0000% / 8h4h 47m$5K$336K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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: −0.221% → +0.113%
−$33.45
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$74.45
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 11 min ago; HTX: live order book, 58 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 SunX live order book, 11 min ago901.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 58 min ago92.04 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+0.074%$72K$264K25xas long as short
Gate XLU_USDT0.0000%8h40.730+0.049%$23K$2K20xas long as short
MEXC XLU_USDT0.0000%8h40.745+0.086%$473K$80K20xas long as short
Bitget XLUUSDT0.0000%8h40.720+0.025%$339K$27K20xas long as short
HTX XLU-USDTshort0.0000%8h40.620−0.221%$5K$336K20x
SunX XLU-USDTlong+0.0100%8h40.710long leg$1.5M10x