XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0219%/8h= +24.0% APRnext payment +$2.19 per $10,000 · paid last 24h −0.002%

Price spread now: SunX against KuCoin+0.138%7-day average +0.086% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.138%, 7d avg +0.086%

Together, before fees−0.136%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and SunX is 0.052% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.086%. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XLEUSDTM	62.440	−0.0219	get 0.0219% / 8h	4h 32m	$792K	$644K	20x
Short	SunX XLE-USDT	62.526	0	get 0.0000% / 8h	4h 32m	$1K	$4.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee SunXbpOrdersPrice spread, now +0.138%Rate

Funding earned: $45.99
Price spread: +0.138% → +0.086%: $5.19
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: $31.18
Costs to cover: 0.200%
Break-even: 2.3 days

Slippage unknown: KuCoin: live order book, 61 min ago; SunX: live order book, 6 min ago. Net counts fees only.

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 KuCoin live order book, 61 min ago	5.62 bp	302.7 bp −$303	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	47.03 bp	doesn't fit	doesn't fit	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 XLEUSDTMlong	−0.0219%	8h	62.440	long leg	$792K	$644K	20x
Aster XLEUSDT	0.0000%	8h	62.487	+0.075%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.533	+0.148%	$794K	$1.0M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.500	+0.096%	$322K	$205K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.510	+0.112%	$300K	$559K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.510	+0.112%	$61K	$11K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.480	+0.064%	$219K	$87K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.500	+0.096%	$95K	$81K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.514	+0.119%	$44K	$14K	—	as long as short
GRVT XLE_USDT_Perp	0.0000%	8h	62.508	+0.109%	$13K	$175K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX XLE-USDTshort	0.0000%	8h	62.526	+0.138%	$1K	$4.7M	10x
HTX XLE-USDT	0.0000%	8h	62.610	+0.272%	$5K	$34K	10x	as long as short
QFEX XLE-USD	+0.0002%	1h	62.500	+0.096%	$1.2M	$4.5M	30x	as long as short
BloFin XLE-USDT	+0.0006%	8h	62.510	+0.112%	$58K	$9K	20x	as long as short
tradeXYZ xyz:XLE	+0.0095%	1h	62.485	+0.072%	$2.4M	$3.8M	20x	as long as short
edgeX XLEUSDC	+0.0739%	4h	62.521	+0.129%	$48K	$210K	10x	as long as short