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 Bybit+0.048%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
Funding, last 7 days−0.623%−$62 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now +0.048%, 7d avg +0.053%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XLEUSDT | 62.500 | 0 | get 0.0000% / 8h | 4h 36m | $322K | $205K | 25x |
| Short | Binance XLEUSDT | 62.530 | 0 | get 0.0000% / 8h | 4h 36m | $794K | $1.0M | 20x |
Bybit XLEUSDT
Binance XLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.048% → +0.053%
- −$0.54
- Slippage, 4 orders
- −$106.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$127.9
- Costs to cover
- 1.274%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 13 min ago; Binance: live order book, 11 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 Bybit live order book, 13 min ago | 2.40 bp | 11.8 bp −$12 | 167.9 bp −$1,679 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.40 bp | 14.1 bp −$14 | 72.4 bp −$724 | 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 | −0.0225% | 8h | 62.420 | −0.128% | $792K | $644K | 20x | as long as short |
| edgeX XLEUSDC | −0.0225% | 4h | 62.502 | +0.004% | $48K | $209K | 10x | as long as short |
| BloFin XLE-USDT | −0.0015% | 8h | 62.520 | +0.032% | $58K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.485 | −0.024% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDTshort | 0.0000% | 8h | 62.530 | +0.048% | $794K | $1.0M | 20x | |
| Bybit XLEUSDTlong | 0.0000% | 8h | 62.500 | long leg | $322K | $205K | 25x | |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.520 | +0.032% | $300K | $559K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.500 | 0.000% | $61K | $11K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.500 | 0.000% | $219K | $86K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.500 | 0.000% | $95K | $81K | 20x | as long as short |
KuCoin XLEUSDTM
edgeX XLEUSDC
BloFin XLE-USDT
Aster XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 62.514 | +0.022% | $44K | $14K | — | as long as short |
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.487 | −0.021% | $13K | $175K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.521 | +0.034% | $2K | $4.7M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.505 | +0.008% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USD | +0.0002% | 1h | 62.500 | 0.000% | $1.2M | $4.5M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0088% | 1h | 62.487 | −0.021% | $2.4M | $3.8M | 20x | as long as short |
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE