XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0318%/8h= −34.8% APRnext payment −$3.18 per $10,000 · paid last 24h +0.002%

Price spread now: KuCoin against SunX−0.210%7-day average −0.085% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 4 days (all we have)+0.264%+$26 · spread now −0.210%, 7d avg −0.085%

Together, before fees+0.315%+$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.125% cheaper against SunX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.085%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XLE-USDT	62.471	0	get 0.0000% / 8h	5h 25m	$1K	$4.7M	10x
Short	KuCoin XLEUSDTM	62.340	−0.0318	pay 0.0318% / 8h	5h 25m	$793K	$651K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee SunXbpFee KuCoinbpOrdersPrice spread, now −0.210%Rate

Funding earned: −$66.78
Price spread: −0.210% → −0.085%: −$12.49
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$99.27
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 3 min ago; KuCoin: live order book, 9 min ago. Net counts fees only.

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 SunX live order book, 3 min ago	46.10 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	5.62 bp	145.6 bp −$146	doesn't fit	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 XLEUSDTMshort	−0.0318%	8h	62.340	−0.210%	$793K	$651K	20x
BloFin XLE-USDT	−0.0018%	8h	62.460	−0.018%	$14K	$9K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.463	−0.013%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.470	−0.002%	$795K	$1.1M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.440	−0.050%	$322K	$206K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.450	−0.034%	$299K	$558K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.460	−0.018%	$61K	$11K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.470	−0.002%	$219K	$87K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.490	+0.030%	$95K	$82K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.467	−0.006%	$44K	$14K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XLE_USDT_Perp	0.0000%	8h	62.461	−0.016%	$13K	$174K	10x	as long as short
SunX XLE-USDTlong	0.0000%	8h	62.471	long leg	$1K	$4.7M	10x
HTX XLE-USDT	0.0000%	8h	62.360	−0.178%	$5K	$34K	10x	as long as short
tradeXYZ xyz:XLE	+0.0050%	1h	62.447	−0.038%	$2.4M	$3.8M	20x	as long as short
QFEX XLE-USD	+0.0057%	1h	62.460	−0.018%	$1.2M	$5.3M	30x	as long as short
edgeX XLEUSDC	+0.0722%	4h	62.451	−0.033%	$48K	$209K	10x	as long as short