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

XLE

RWAall XLE markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XLEUSDT62.6800get 0.0000% / 8h7h 34m$787K$947K20x
ShorttradeXYZ xyz:XLE62.6270.0233get 0.0029% / 1h34m 00s$2.3M$3.8M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago1.59 bp9.5 bp −$960.1 bp −$601doesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago4.54 bp15.4 bp −$1536.3 bp −$363doesn't fitdoesn't fit

XLE on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLEUSDTM−0.0260%8h62.590−0.144%$835K$796K20xas long as short
edgeX XLEUSDC−0.0174%4h62.803+0.196%$48K$208K10xas long as short
Aster XLEUSDT0.0000%8h62.695+0.023%$4K$9K20xas long as short
Binance XLEUSDTlong0.0000%8h62.680long leg$787K$947K20x
Bybit XLEUSDT0.0000%8h62.6800.000%$320K$204K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.640−0.064%$299K$481K20xas long as short
Gate XLE_USDT0.0000%8h62.700+0.032%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.650−0.048%$219K$86K20xas long as short
Bitget XLEUSDT0.0000%8h62.670−0.016%$96K$66K20xas long as short
Variational Omni XLE0.0000%8h62.810+0.207%$44K$15Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XLE-USDT0.0000%8h62.817+0.219%$1K$3.6M10xas long as short
HTX XLE-USDT0.0000%8h62.713+0.053%$5K$35K10xas long as short
BloFin XLE-USDT+0.0012%8h62.670−0.016%$58K$9K20xas long as short
QFEX XLE-USD+0.0060%1h62.790+0.175%$1.2M$4.0M30xas long as short
tradeXYZ xyz:XLEshort+0.0233%1h62.627−0.085%$2.3M$3.8M20x
GRVT XLE_USDT_Perp+0.1797%8h62.800+0.191%$13K$154K10xas long as short