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

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against SunX−0.058%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.058% cheaper against SunX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XLE-USDT61.8160get 0.0000% / 8h4h 59m$2K$3.0M10x
ShortBloFin XLE-USDT61.780−0.0018pay 0.0018% / 8h4h 59m$59K$10K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
−$3.87
Price spread: −0.058% → 0.000%
−$5.82
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.7
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 12 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 12 min ago47.84 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XLE on 16 exchanges

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−0.0859%4h61.775−0.066%$47K$209K10xas long as short
KuCoin XLEUSDTM−0.0167%8h61.800−0.026%$1.0M$959K20xas long as short
tradeXYZ xyz:XLE−0.0099%1h61.740−0.123%$2.3M$4.1M20xas long as short
BloFin XLE-USDTshort−0.0018%8h61.780−0.058%$59K$10K20x
Aster XLEUSDT0.0000%8h61.814−0.003%$3K$9K20xas long as short
Binance XLEUSDT0.0000%8h61.830+0.023%$771K$1.0M20xas long as short
Bybit XLEUSDT0.0000%8h61.720−0.155%$303K$221K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h61.780−0.058%$292K$475K20xas long as short
Gate XLE_USDT0.0000%8h61.770−0.074%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h61.810−0.010%$221K$83K20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLEUSDT0.0000%8h61.820+0.006%$98K$71K20xas long as short
Variational Omni XLE0.0000%8h61.774−0.069%$44K$10Kas long as short
GRVT XLE_USDT_Perp0.0000%8h61.800−0.026%$14K$141K10xas long as short
SunX XLE-USDTlong0.0000%8h61.816long leg$2K$3.0M10x
HTX XLE-USDT0.0000%8h61.634−0.294%$5K$35K10xas long as short
QFEX XLE-USD+0.0058%1h61.750−0.107%$1.2M$4.2M30xas long as short