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

XLE

RWAall XLE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h −0.008%
Price spread now: Binance against QFEX+0.045%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$580.581% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.579%−$58 on $10k
Price spread, last 7 days+0.050%+$5 · spread now +0.045%, 7d avg +0.044%
Together, before fees−0.529%−$53 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX XLE-USD62.7400.0031pay 0.0004% / 1h38m 37s$1.2M$4.1M30x
ShortBinance XLEUSDT62.7680get 0.0000% / 8h1h 38m$795K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against QFEX. 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
−$6.43
Price spread: +0.045% → +0.044%
$0.06
Slippage, 4 orders
−$38.06
Fee QFEX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$64.43
Costs to cover
0.581%
Break-even
never at this rate
Slippage from QFEX: live order book, 5 min ago; Binance: live order book, 9 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 QFEX live order book, 5 min ago3.98 bp10.8 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago2.39 bp20.4 bp −$2087.6 bp −$876doesn'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−0.0234%8h62.710−0.048%$808K$690K20xas long as short
edgeX XLEUSDC−0.0028%4h62.760+0.032%$48K$208K10xas long as short
BloFin XLE-USDT−0.0015%8h62.7400.000%$58K$9K20xas long as short
Aster XLEUSDT0.0000%8h62.755+0.024%$4K$9K20xas long as short
Binance XLEUSDTshort0.0000%8h62.768+0.045%$795K$1.0M20x
Bybit XLEUSDT0.0000%8h62.770+0.048%$323K$201K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.720−0.032%$302K$570K20xas long as short
Gate XLE_USDT0.0000%8h62.700−0.064%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.770+0.048%$220K$86K20xas long as short
Bitget XLEUSDT0.0000%8h62.760+0.032%$95K$87K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLE0.0000%8h62.764+0.038%$44K$15Kas long as short
GRVT XLE_USDT_Perp0.0000%8h62.742+0.002%$13K$170K10xas long as short
SunX XLE-USDT0.0000%8h62.770+0.048%$1K$4.4M10xas long as short
HTX XLE-USDT0.0000%8h62.693−0.075%$5K$35K10xas long as short
QFEX XLE-USDlong+0.0031%1h62.740long leg$1.2M$4.1M30x
tradeXYZ xyz:XLE+0.0050%1h62.702−0.061%$2.4M$3.8M20xas long as short