Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.080%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$840.845% of the position
Funding, last 7 days+0.630%+$63 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.080%, 7d avg −0.086%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XLEUSDT | 62.770 | 0 | get 0.0000% / 8h | 1h 37m | $795K | $1.0M | 20x |
| Short | OKX XLE-USDT-SWAP | 62.720 | 0 | get 0.0000% / 8h | 1h 37m | $302K | $570K | 20x |
Binance XLEUSDT
OKX XLE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.080% → −0.086%
- $0.63
- Slippage, 4 orders
- −$64.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$83.85
- Costs to cover
- 0.845%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 3 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 Binance live order book, 10 min ago | 2.39 bp | 16.9 bp −$17 | 78.5 bp −$785 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 6.38 bp | 25.7 bp −$26 | 263.7 bp −$2,637 | 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 | −0.0234% | 8h | 62.710 | −0.096% | $808K | $690K | 20x | as long as short |
| edgeX XLEUSDC | −0.0028% | 4h | 62.760 | −0.016% | $48K | $208K | 10x | as long as short |
| BloFin XLE-USDT | −0.0015% | 8h | 62.740 | −0.048% | $58K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.760 | −0.016% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDTlong | 0.0000% | 8h | 62.770 | long leg | $795K | $1.0M | 20x | |
| Bybit XLEUSDT | 0.0000% | 8h | 62.770 | 0.000% | $323K | $201K | 25x | as long as short |
| OKX XLE-USDT-SWAPshort | 0.0000% | 8h | 62.720 | −0.080% | $302K | $570K | 20x | |
| Gate XLE_USDT | 0.0000% | 8h | 62.700 | −0.112% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.780 | +0.016% | $220K | $86K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.760 | −0.016% | $95K | $87K | 20x | as long as short |
KuCoin XLEUSDTM
edgeX XLEUSDC
BloFin XLE-USDT
Aster XLEUSDT
Bybit XLEUSDT
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 62.764 | −0.010% | $44K | $15K | — | as long as short |
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.742 | −0.045% | $13K | $170K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.780 | +0.016% | $1K | $4.4M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.718 | −0.083% | $5K | $35K | 10x | as long as short |
| QFEX XLE-USD | +0.0031% | 1h | 62.740 | −0.048% | $1.2M | $4.1M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0050% | 1h | 62.715 | −0.088% | $2.4M | $3.8M | 20x | as long as short |
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE