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

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.014%7-day average · 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−0.601%−$60 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XLEUSDT62.7300get 0.0000% / 8h1h 21m$95K$87K20x
ShortBinance XLEUSDT62.7210get 0.0000% / 8h1h 21m$794K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$0
Price spread: −0.014% → 0.000%
−$1.36
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$23.36
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: no order-book sample; Binance: 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 Bitget no order-book sample
Sell Binance live order book, 11 min ago3.98 bp23.4 bp −$2389.3 bp −$893doesn't fitdoesn't fit
Bitget: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0257%8h62.550−0.287%$807K$692K20xas long as short
BloFin XLE-USDT−0.0002%8h62.690−0.064%$58K$9K20xas long as short
Aster XLEUSDT0.0000%8h62.708−0.035%$4K$9K20xas long as short
Binance XLEUSDTshort0.0000%8h62.721−0.014%$794K$1.0M20x
Bybit XLEUSDT0.0000%8h62.690−0.064%$323K$201K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.620−0.175%$301K$566K20xas long as short
Gate XLE_USDT0.0000%8h62.690−0.064%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.710−0.032%$220K$87K20xas long as short
Bitget XLEUSDTlong0.0000%8h62.730long leg$95K$87K20x
Variational Omni XLE0.0000%8h62.699−0.049%$44K$15Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XLE_USDT_Perp0.0000%8h62.740+0.016%$13K$167K10xas long as short
SunX XLE-USDT0.0000%8h62.716−0.022%$1K$4.3M10xas long as short
HTX XLE-USDT0.0000%8h62.581−0.238%$5K$35K10xas long as short
QFEX XLE-USD+0.0031%1h62.710−0.032%$1.2M$4.1M30xas long as short
tradeXYZ xyz:XLE+0.0050%1h62.673−0.091%$2.4M$3.8M20xas long as short
edgeX XLEUSDC+0.0855%4h62.697−0.053%$48K$209K10xas long as short