XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0289%/8h= −31.6% APRnext payment −$2.89 per $10,000 · paid last 24h +0.002%

Price spread now: KuCoin against Variational Omni−0.330%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.330% cheaper against Variational Omni than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XLE	62.878	0	get 0.0000% / 8h	31m 44s	$44K	$15K	—
Short	KuCoin XLEUSDTM	62.670	−0.0289	pay 0.0289% / 8h	31m 44s	$819K	$729K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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 Variational OmnibpFee KuCoinbpOrdersPrice spread, now −0.330%Rate

Funding earned: −$60.69
Price spread: −0.330% → 0.000%: −$33.04
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$105.73
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 43 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 Variational Omni no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 43 min ago	4.80 bp	52.0 bp −$52	doesn't fit	doesn't fit	doesn't fit

Variational Omni: 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 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	−0.0289%	8h	62.670	−0.330%	$819K	$729K	20x
BloFin XLE-USDT	−0.0009%	8h	62.810	−0.108%	$58K	$9K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.801	−0.122%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.878	0.000%	$793K	$922K	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.820	−0.092%	$322K	$202K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.820	−0.092%	$301K	$539K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.700	−0.283%	$64K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.840	−0.060%	$220K	$86K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.840	−0.060%	$95K	$82K	20x	as long as short
Variational Omni XLElong	0.0000%	8h	62.878	long leg	$44K	$15K	—

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	62.834	−0.069%	$13K	$163K	10x	as long as short
SunX XLE-USDT	0.0000%	8h	62.883	+0.008%	$2K	$3.9M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	62.763	−0.182%	$5K	$36K	10x	as long as short
QFEX XLE-USD	+0.0033%	1h	62.830	−0.076%	$1.2M	$4.0M	30x	as long as short
tradeXYZ xyz:XLE	+0.0075%	1h	62.774	−0.165%	$2.4M	$3.8M	20x	as long as short
edgeX XLEUSDC	+0.0895%	4h	62.815	−0.100%	$48K	$209K	10x	as long as short