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 08:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.009%
Price spread now: MEXC against QFEX−0.016%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.433% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.041%+$4 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.016%, 7d avg −0.022%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, 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-USD62.8300.0033pay 0.0004% / 1h32m 26s$1.2M$4.0M30x
ShortMEXC XLE_USDT62.8200get 0.0000% / 8h32m 26s$220K$86K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$6.97
Price spread: −0.016% → −0.022%
$0.65
Slippage, 4 orders
−$33.35
Fee QFEX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$49.67
Costs to cover
0.433%
Break-even
never at this rate
Slippage from QFEX: live order book, 6 min ago; MEXC: live order book, 52 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, 6 min ago6.36 bp12.1 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 52 min ago3.19 bp8.0 bp −$8109.0 bp −$1,090211.8 bp −$21.2Kdoesn'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−0.0289%8h62.670−0.255%$818K$724K20xas long as short
BloFin XLE-USDT−0.0009%8h62.810−0.032%$58K$9K20xas long as short
Aster XLEUSDT0.0000%8h62.798−0.051%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.860+0.048%$793K$918K20xas long as short
Bybit XLEUSDT0.0000%8h62.810−0.032%$322K$202K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.750−0.127%$301K$544K20xas long as short
Gate XLE_USDT0.0000%8h62.700−0.207%$64K$12K20xas long as short
MEXC XLE_USDTshort0.0000%8h62.820−0.016%$220K$86K20x
Bitget XLEUSDT0.0000%8h62.820−0.016%$95K$82K20xas long as short
Variational Omni XLE0.0000%8h62.878+0.076%$44K$15Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XLE_USDT_Perp0.0000%8h62.834+0.007%$13K$163K10xas long as short
SunX XLE-USDT0.0000%8h62.878+0.076%$1K$3.9M10xas long as short
HTX XLE-USDT0.0000%8h62.731−0.158%$5K$36K10xas long as short
QFEX XLE-USDlong+0.0033%1h62.830long leg$1.2M$4.0M30x
tradeXYZ xyz:XLE+0.0080%1h62.776−0.086%$2.4M$3.8M20xas long as short
edgeX XLEUSDC+0.0895%4h62.815−0.024%$48K$209K10xas long as short