Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.099%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$840.844% of the position
Funding, last 7 days+0.630%+$63 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.099%, 7d avg −0.086%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XLEUSDT | 61.941 | 0 | get 0.0000% / 8h | 5h 43m | $772K | $1.0M | 20x |
| Short | OKX XLE-USDT-SWAP | 61.880 | 0 | get 0.0000% / 8h | 5h 43m | $294K | $483K | 20x |
Binance XLEUSDT
OKX XLE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $0
- Price spread: −0.099% → −0.086%
- −$1.28
- Slippage, 4 orders
- −$64.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$85.68
- Costs to cover
- 0.844%
- Break-even
- never at this rate
Slippage from Binance: live order book, 57 min ago; OKX: live order book, 65 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 Binance live order book, 57 min ago | 0.80 bp | 20.7 bp −$21 | 69.4 bp −$694 | doesn't fit | doesn't fit |
| Sell OKX live order book, 65 min ago | 2.41 bp | 28.0 bp −$28 | 248.2 bp −$2,482 | doesn't fit | doesn't fit |
XLE on 16 exchanges
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 | −0.0500% | 4h | 61.935 | −0.010% | $48K | $209K | 10x | as long as short |
| KuCoin XLEUSDTM | −0.0334% | 8h | 62.040 | +0.159% | $1.0M | $931K | 20x | as long as short |
| BloFin XLE-USDT | 0.0000% | 8h | 61.890 | −0.083% | $59K | $10K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 61.947 | +0.009% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDTlong | 0.0000% | 8h | 61.941 | long leg | $772K | $1.0M | 20x | |
| Bybit XLEUSDT | 0.0000% | 8h | 61.890 | −0.083% | $309K | $216K | 25x | as long as short |
| OKX XLE-USDT-SWAPshort | 0.0000% | 8h | 61.880 | −0.099% | $294K | $483K | 20x | |
| Gate XLE_USDT | 0.0000% | 8h | 61.860 | −0.131% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 61.920 | −0.034% | $221K | $84K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 61.910 | −0.051% | $94K | $74K | 20x | as long as short |
edgeX XLEUSDC
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Bybit XLEUSDT
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDTShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 61.924 | −0.028% | $44K | $10K | — | as long as short |
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 61.937 | −0.007% | $13K | $143K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 61.956 | +0.024% | $2K | $3.1M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 61.756 | −0.299% | $5K | $35K | 10x | as long as short |
| QFEX XLE-USD | +0.0058% | 1h | 61.920 | −0.034% | $1.2M | $4.1M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0115% | 1h | 61.859 | −0.133% | $2.3M | $4.1M | 20x | as long as short |
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE