Funding you earn now, next payment 09:00 UTC+0.0233%/8h= +25.5% APRpaid last 24h +0.014%
Price spread now: tradeXYZ against Binance−0.085%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs+$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days+0.768%+$77 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now −0.085%, 7d avg −0.091%
=Together, before fees+0.813%+ Points / potential airdroptradeXYZ: Active · farm board+$81 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.091%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XLEUSDT | 62.680 | 0 | get 0.0000% / 8h | 7h 34m | $787K | $947K | 20x |
| Short | tradeXYZ xyz:XLE | 62.627 | 0.0233 | get 0.0029% / 1h | 34m 00s | $2.3M | $3.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $48.94
- Price spread: −0.085% → −0.091%
- $0.69
- Slippage, 4 orders
- −$34.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$12.71
- Costs to cover
- 0.623%
- Break-even
- 8.8 days
Slippage from Binance: live order book, 13 min ago; tradeXYZ: live order book, 3 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, 13 min ago | 1.59 bp | 9.5 bp −$9 | 60.1 bp −$601 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 4.54 bp | 15.4 bp −$15 | 36.3 bp −$363 | doesn't fit | doesn't fit |
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 XLEUSDTM | −0.0260% | 8h | 62.590 | −0.144% | $835K | $796K | 20x | as long as short |
| edgeX XLEUSDC | −0.0174% | 4h | 62.803 | +0.196% | $48K | $208K | 10x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.695 | +0.023% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDTlong | 0.0000% | 8h | 62.680 | long leg | $787K | $947K | 20x | |
| Bybit XLEUSDT | 0.0000% | 8h | 62.680 | 0.000% | $320K | $204K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.640 | −0.064% | $299K | $481K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.700 | +0.032% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.650 | −0.048% | $219K | $86K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.670 | −0.016% | $96K | $66K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.810 | +0.207% | $44K | $15K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XLE-USDT | 0.0000% | 8h | 62.817 | +0.219% | $1K | $3.6M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.713 | +0.053% | $5K | $35K | 10x | as long as short |
| BloFin XLE-USDT | +0.0012% | 8h | 62.670 | −0.016% | $58K | $9K | 20x | as long as short |
| QFEX XLE-USD | +0.0060% | 1h | 62.790 | +0.175% | $1.2M | $4.0M | 30x | as long as short |
| tradeXYZ xyz:XLEshort | +0.0233% | 1h | 62.627 | −0.085% | $2.3M | $3.8M | 20x | |
| GRVT XLE_USDT_Perp | +0.1797% | 8h | 62.800 | +0.191% | $13K | $154K | 10x | as long as short |
Binance XLEUSDT
tradeXYZ xyz:XLE
KuCoin XLEUSDTM
edgeX XLEUSDC
Aster XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
BloFin XLE-USDT
GRVT XLE_USDT_Perp