XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h −0.033%

Price spread now: tradeXYZ against QFEX−0.019%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$157as in the Price arb table

costs, in and out, $10k−$1591.594% of the position

Long on QFEX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.003%$0 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.019%, 7d avg −0.046%

Together, before fees+0.013%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.027% dearer against QFEX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX XLE-USD	62.490	0.0057	pay 0.0007% / 1h	0m 54s	$1.2M	$4.9M	30x
Short	tradeXYZ xyz:XLE	62.478	0.0050	get 0.0006% / 1h	0m 54s	$2.4M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee QFEXbpFee tradeXYZbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$1.5
Price spread: −0.019% → −0.046%: $2.72
Slippage, 4 orders: −$131.43
Fee QFEX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$158.2
Costs to cover: 1.594%
Break-even: never at this rate

Slippage from QFEX: live order book, 8 min ago; tradeXYZ: live order book, 7 min ago.

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 QFEX live order book, 8 min ago	29.61 bp	62.0 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 7 min ago	5.60 bp	18.6 bp −$19	22.6 bp −$226	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 XLEUSDTM	−0.0266%	8h	62.430	−0.096%	$794K	$645K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.484	−0.009%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.516	+0.041%	$795K	$1.0M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.480	−0.016%	$322K	$205K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.490	0.000%	$299K	$558K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.480	−0.016%	$61K	$11K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.500	+0.016%	$219K	$88K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.500	+0.016%	$96K	$81K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.503	+0.021%	$44K	$14K	—	as long as short
GRVT XLE_USDT_Perp	0.0000%	8h	62.487	−0.004%	$14K	$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-USDT	0.0000%	8h	62.510	+0.032%	$2K	$4.7M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	62.576	+0.138%	$5K	$34K	10x	as long as short
BloFin XLE-USDT	+0.0007%	8h	62.510	+0.032%	$58K	$9K	20x	as long as short
tradeXYZ xyz:XLEshort	+0.0050%	1h	62.478	−0.019%	$2.4M	$3.8M	20x
QFEX XLE-USDlong	+0.0057%	1h	62.490	long leg	$1.2M	$4.9M	30x
edgeX XLEUSDC	+0.0646%	4h	62.501	+0.017%	$48K	$210K	10x	as long as short