After costs, if the gap returns to its 7d average, $10k−$116
spread now−0.033%7d average−0.035%fees + slippage, in and out−$117spread needed1.165%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XLEUSDC | 62.791 | 0.0982 | pay 0.0491% / 4h | 2h 11m | $48K | $213K | 10x |
| Short | Bybit XLEUSDT | 62.770 | 0 | get 0.0000% / 8h | 6h 11m | $345K | $265K | 25x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.3
- Funding while held
- −$29.45
- Slippage, 4 orders
- −$96.51
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$149.25
- Spread needed to break even
- 1.165%
Slippage from edgeX: live order book, 26 min ago; Bybit: live order book, 19 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0982%
- Per $10,000 a day
- −$29.45
- Average in range /8h
- —
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 edgeX live order book, 26 min ago | 7.18 bp | 12.4 bp −$12 | 45.9 bp −$459 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 19 min ago | 3.19 bp | 77.9 bp −$78 | 233.6 bp −$2,336 | doesn't fit | doesn't fit |
XLE price on every exchange
against the cheapest. Click to use as the short leg.XLE on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin XLE-USDT | −0.272% | −0.0020% | 8h | $57K | $9K | 20x | as long as short |
| KuCoin XLEUSDTM | −0.176% | +0.0100% | 8h | $774K | $510K | 20x | as long as short |
| HTX XLE-USDT | −0.148% | 0.0000% | 8h | $5K | $36K | 10x | as long as short |
| OKX XLE-USDT-SWAP | −0.081% | 0.0000% | 8h | $276K | $640K | 20x | as long as short |
| Gate XLE_USDT | −0.065% | 0.0000% | 8h | $61K | $24K | 20x | as long as short |
| Bybit XLEUSDTshort | −0.033% | 0.0000% | 8h | $345K | $265K | 25x | |
| tradeXYZ xyz:XLE | −0.030% | +0.0085% | 1h | $2.3M | $3.8M | 20x | as long as short |
| Variational Omni XLE | −0.024% | 0.0000% | 8h | $44K | $17K | — | as long as short |
| Bitget XLEUSDT | −0.017% | 0.0000% | 8h | $107K | $154K | 20x | as long as short |
| MEXC XLE_USDT | −0.001% | 0.0000% | 8h | $220K | $118K | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX XLEUSDClong | 0.000% | +0.0982% | 4h | $48K | $213K | 10x | |
| Aster XLEUSDT | +0.014% | 0.0000% | 8h | $4K | $6K | 20x | as long as short |
| Binance XLEUSDT | +0.027% | 0.0000% | 8h | $802K | $1.8M | 20x | as long as short |
| QFEX XLE-USD | +0.031% | +0.0044% | 1h | $1.3M | $4.0M | 30x | as long as short |
| SunX XLE-USDT | +0.048% | 0.0000% | 8h | $1K | $7.0M | 10x | as long as short |
Bybit XLEUSDT
BloFin
KuCoin
HTX
OKX
Gate
tradeXYZ
Variational Omni
Bitget
MEXC
Aster
Binance
SunX