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: SunX against Bybit+0.035%46s7-day average +0.049% · you sell dearer than you buy
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−0.022%−$2 on $10k
Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.035%, 7d avg +0.049%
Together, before fees−0.047%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XLEUSDT62.6500get 0.0000% / 8h3h 03m$323K$201K25x
ShortSunX XLE-USDT62.6720get 0.0000% / 8h3h 03m$2K$4.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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: +0.035% → +0.049%
−$1.44
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$20.44
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 41 min ago; SunX: live order book, 5 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 Bybit live order book, 41 min ago2.40 bp12.7 bp −$13164.3 bp −$1,643doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago47.70 bpdoesn't fitdoesn't fitdoesn'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−0.0262%8h62.520−0.208%$800K$647K20xas long as short
Aster XLEUSDT0.0000%8h62.605−0.072%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.660+0.016%$792K$1.0M20xas long as short
Bybit XLEUSDTlong0.0000%8h62.650long leg$323K$201K25x
OKX XLE-USDT-SWAP0.0000%8h62.540−0.176%$300K$559K20xas long as short
Gate XLE_USDT0.0000%8h62.690+0.064%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.640−0.016%$219K$88K20xas long as short
Bitget XLEUSDT0.0000%8h62.550−0.160%$95K$81K20xas long as short
Variational Omni XLE0.0000%8h62.669+0.030%$44K$15Kas long as short
GRVT XLE_USDT_Perp0.0000%8h62.647−0.005%$13K$174K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XLE-USDTshort0.0000%8h62.672+0.035%$2K$4.6M10x
HTX XLE-USDT0.0000%8h62.590−0.096%$5K$34K10xas long as short
BloFin XLE-USDT+0.0011%8h62.600−0.080%$58K$9K20xas long as short
QFEX XLE-USD+0.0026%1h62.610−0.064%$1.2M$4.2M30xas long as short
tradeXYZ xyz:XLE+0.0092%1h62.593−0.091%$2.4M$3.8M20xas long as short
edgeX XLEUSDC+0.0168%4h62.667+0.027%$48K$209K10xas long as short