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 04:00 UTC−0.0159%/8h= −17.4% APRpaid last 24h +0.027%
Price spread now: OKX against tradeXYZ+0.019%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$930.927% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.135%−$14 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.019%, 7d avg +0.010%
Together, before fees−0.124%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:XLE62.4780.0159pay 0.0020% / 1h59m 19s$2.4M$3.8M20x
ShortOKX XLE-USDT-SWAP62.4900get 0.0000% / 8h4h 59m$299K$557K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against tradeXYZ. 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
−$33.46
Price spread: +0.019% → +0.010%
$0.91
Slippage, 4 orders
−$64.68
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee OKX: 5 bp × 2 orders
−$10
Net
−$125.23
Costs to cover
0.927%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; OKX: live order book, 62 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 tradeXYZ live order book, 9 min ago5.60 bp16.6 bp −$1748.5 bp −$485doesn't fitdoesn't fit
Sell OKX live order book, 62 min ago8.81 bp31.0 bp −$31263.3 bp −$2,633doesn'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−0.0262%8h62.400−0.125%$792K$646K20xas long as short
Aster XLEUSDT0.0000%8h62.4780.000%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.512+0.054%$795K$1.0M20xas long as short
Bybit XLEUSDT0.0000%8h62.470−0.013%$322K$205K25xas long as short
OKX XLE-USDT-SWAPshort0.0000%8h62.490+0.019%$299K$557K20x
Gate XLE_USDT0.0000%8h62.480+0.003%$61K$11K20xas long as short
MEXC XLE_USDT0.0000%8h62.480+0.003%$219K$85K20xas long as short
Bitget XLEUSDT0.0000%8h62.500+0.035%$96K$81K20xas long as short
Variational Omni XLE0.0000%8h62.503+0.040%$44K$14Kas long as short
GRVT XLE_USDT_Perp0.0000%8h62.490+0.019%$13K$175K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XLE-USDT0.0000%8h62.505+0.043%$2K$4.7M10xas long as short
HTX XLE-USDT0.0000%8h62.597+0.190%$5K$34K10xas long as short
BloFin XLE-USDT+0.0007%8h62.510+0.051%$58K$9K20xas long as short
QFEX XLE-USD+0.0057%1h62.500+0.035%$1.2M$4.9M30xas long as short
tradeXYZ xyz:XLElong+0.0159%1h62.478long leg$2.4M$3.8M20x
edgeX XLEUSDC+0.0712%4h62.501+0.036%$48K$210K10xas long as short