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 MEXC+0.016%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.621%−$62 on $10k
Price spread, last 2 days (all we have)−0.006%−$1 · spread now +0.016%, 7d avg +0.025%
Together, before fees−0.627%−$63 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XLE_USDT62.5600get 0.0000% / 8h6h 56m$219K$86K20x
ShortBinance XLEUSDT62.5700get 0.0000% / 8h6h 56m$797K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.016% → +0.025%
−$0.95
Slippage, 4 orders
−$39.18
Fee MEXC: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$50.13
Costs to cover
0.492%
Break-even
never at this rate
Slippage from MEXC: live order book, 58 min ago; Binance: live order book, 6 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 MEXC live order book, 58 min ago4.00 bp8.5 bp −$897.2 bp −$972212.3 bp −$21.2Kdoesn't fit
Sell Binance live order book, 6 min ago2.40 bp13.3 bp −$1369.4 bp −$694doesn'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
edgeX XLEUSDC−0.0664%4h62.587+0.044%$48K$209K10xas long as short
KuCoin XLEUSDTM−0.0166%8h62.410−0.240%$781K$640K20xas long as short
BloFin XLE-USDT−0.0008%8h62.460−0.160%$57K$9K20xas long as short
Aster XLEUSDT0.0000%8h62.567+0.012%$4K$9K20xas long as short
Binance XLEUSDTshort0.0000%8h62.570+0.016%$797K$1.1M20x
Bybit XLEUSDT0.0000%8h62.540−0.032%$324K$208K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.460−0.160%$299K$563K20xas long as short
Gate XLE_USDT0.0000%8h62.5600.000%$61K$11K20xas long as short
MEXC XLE_USDTlong0.0000%8h62.560long leg$219K$86K20x
Bitget XLEUSDT0.0000%8h62.550−0.016%$94K$90K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLE0.0000%8h62.584+0.038%$44K$15Kas long as short
SunX XLE-USDT0.0000%8h62.576+0.026%$2K$5.0M10xas long as short
HTX XLE-USDT0.0000%8h62.647+0.139%$5K$34K10xas long as short
QFEX XLE-USD+0.0047%1h62.530−0.048%$1.2M$6.0M30xas long as short
tradeXYZ xyz:XLE+0.0053%1h62.548−0.019%$2.4M$3.9M20xas long as short
GRVT XLE_USDT_Perp+0.0177%8h62.590+0.048%$13K$176K10xas long as short