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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX XLE-USD | 62.800 | 0.0033 | pay 0.0004% / 1h | 31m 06s | $1.2M | $4.0M | 30x |
| Short | tradeXYZ xyz:XLE | 62.771 | 0.0069 | get 0.0009% / 1h | 31m 06s | $2.4M | $3.8M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 7 min ago | 6.36 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 2.79 bp | 15.7 bp −$16 | doesn't fit | 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 | −0.0289% | 8h | 62.670 | −0.207% | $819K | $729K | 20x | as long as short |
| BloFin XLE-USDT | −0.0024% | 8h | 62.730 | −0.111% | $58K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.798 | −0.004% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.873 | +0.117% | $793K | $923K | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.820 | +0.032% | $322K | $202K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.820 | +0.032% | $301K | $539K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.700 | −0.159% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.780 | −0.032% | $220K | $86K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.830 | +0.048% | $95K | $82K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.878 | +0.124% | $44K | $15K | — | as long as short |
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 | +0.055% | $13K | $163K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.868 | +0.108% | $1K | $3.9M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.717 | −0.132% | $5K | $35K | 10x | as long as short |
| QFEX XLE-USDlong | +0.0033% | 1h | 62.800 | long leg | $1.2M | $4.0M | 30x | |
| tradeXYZ xyz:XLEshort | +0.0069% | 1h | 62.771 | −0.046% | $2.4M | $3.8M | 20x | |
| edgeX XLEUSDC | +0.0640% | 4h | 62.866 | +0.105% | $48K | $209K | 10x | as long as short |
tradeXYZ xyz:XLE
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
edgeX XLEUSDC