After costs, if the gap returns to its 7d average, $10k−$106
spread now−0.005%7d average+0.049%fees + slippage, in and out−$101spread needed1.010%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:XLE | 62.603 | 0.0097 | pay 0.0012% / 1h | 8m 21s | $2.3M | $3.8M | 20x |
| Short | Bybit XLEUSDT | 62.600 | 0 | get 0.0000% / 8h | 7h 08m | $347K | $264K | 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
- −$0.48
- Funding while held
- −$2.91
- Slippage, 4 orders
- −$72.04
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$104.43
- Spread needed to break even
- 1.010%
Slippage from tradeXYZ: live order book, 11 min ago; Bybit: live order book, 27 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0097%
- Per $10,000 a day
- −$2.91
- 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 tradeXYZ live order book, 11 min ago | 2.87 bp | 13.0 bp −$13 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 27 min ago | 3.99 bp | 63.4 bp −$63 | 212.1 bp −$2,121 | 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 | |
|---|---|---|---|---|---|---|---|
| KuCoin XLEUSDTM | −0.117% | +0.0100% | 8h | $773K | $486K | 20x | as long as short |
| Gate XLE_USDT | −0.021% | 0.0000% | 8h | $61K | $24K | 20x | as long as short |
| BloFin XLE-USDT | −0.021% | +0.0009% | 8h | $57K | $9K | 20x | as long as short |
| HTX XLE-USDT | −0.014% | 0.0000% | 8h | $5K | $36K | 10x | as long as short |
| Bybit XLEUSDTshort | −0.005% | 0.0000% | 8h | $347K | $264K | 25x | |
| OKX XLE-USDT-SWAP | −0.005% | 0.0000% | 8h | $274K | $635K | 20x | as long as short |
| tradeXYZ xyz:XLElong | 0.000% | +0.0097% | 1h | $2.3M | $3.8M | 20x | |
| Aster XLEUSDT | +0.010% | 0.0000% | 8h | $4K | $6K | 20x | as long as short |
| MEXC XLE_USDT | +0.043% | 0.0000% | 8h | $220K | $120K | 20x | as long as short |
| Bitget XLEUSDT | +0.043% | 0.0000% | 8h | $107K | $153K | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance XLEUSDT | +0.059% | 0.0000% | 8h | $820K | $1.7M | 20x | as long as short |
| SunX XLE-USDT | +0.078% | 0.0000% | 8h | $1K | $7.0M | 10x | as long as short |
| QFEX XLE-USD | +0.091% | +0.0043% | 1h | $1.3M | $3.9M | 30x | as long as short |
| edgeX XLEUSDC | +0.128% | −0.0419% | 4h | $48K | $211K | 10x | as long as short |
| Variational Omni XLE | +0.148% | 0.0000% | 8h | $44K | $18K | — | as long as short |
tradeXYZ xyz:XLE
Bybit XLEUSDT
KuCoin
Gate
BloFin
HTX
OKX
Aster
MEXC
Bitget
Binance
SunX
Variational Omni