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 08:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.004%
Price spread now: tradeXYZ against QFEX−0.046%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$590.591% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.001%$0 on $10k
Price spread, last 7 days+0.087%+$9 · spread now −0.046%, 7d avg −0.047%
Together, before fees+0.088%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX XLE-USD62.8000.0033pay 0.0004% / 1h31m 06s$1.2M$4.0M30x
ShorttradeXYZ xyz:XLE62.7710.0069get 0.0009% / 1h31m 06s$2.4M$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against QFEX. 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
$7.42
Price spread: −0.046% → −0.047%
$0.1
Slippage, 4 orders
−$31.06
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$51.55
Costs to cover
0.591%
Break-even
55.6 days
Slippage from QFEX: live order book, 7 min ago; tradeXYZ: live order book, 7 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 QFEX live order book, 7 min ago6.36 bp12.1 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago2.79 bp15.7 bp −$16doesn't fitdoesn'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−0.0289%8h62.670−0.207%$819K$729K20xas long as short
BloFin XLE-USDT−0.0024%8h62.730−0.111%$58K$9K20xas long as short
Aster XLEUSDT0.0000%8h62.798−0.004%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.873+0.117%$793K$923K20xas long as short
Bybit XLEUSDT0.0000%8h62.820+0.032%$322K$202K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.820+0.032%$301K$539K20xas long as short
Gate XLE_USDT0.0000%8h62.700−0.159%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.780−0.032%$220K$86K20xas long as short
Bitget XLEUSDT0.0000%8h62.830+0.048%$95K$82K20xas long as short
Variational Omni XLE0.0000%8h62.878+0.124%$44K$15Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XLE_USDT_Perp0.0000%8h62.834+0.055%$13K$163K10xas long as short
SunX XLE-USDT0.0000%8h62.868+0.108%$1K$3.9M10xas long as short
HTX XLE-USDT0.0000%8h62.717−0.132%$5K$35K10xas long as short
QFEX XLE-USDlong+0.0033%1h62.800long leg$1.2M$4.0M30x
tradeXYZ xyz:XLEshort+0.0069%1h62.771−0.046%$2.4M$3.8M20x
edgeX XLEUSDC+0.0640%4h62.866+0.105%$48K$209K10xas long as short