Funding you earn now, next payment 08:00 UTC−0.0813%/8h= −89.1% APRpaid last 24h −0.061%
Price spread now: edgeX against Bitget+0.071%84s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. edgeX is 0.071% dearer against Bitget than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.230%, so the current rate has only just turned against you. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.230% in total (about 12.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XLEUSDT | 62.760 | 0 | get 0.0000% / 8h | 40m 08s | $95K | $85K | 20x |
| Short | edgeX XLEUSDC | 62.805 | −0.0813 | pay 0.0407% / 4h | 40m 08s | $48K | $208K | 10x |
Bitget XLEUSDT
edgeX XLEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$170.8
- Price spread: +0.071% → 0.000%
- $7.14
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$184.66
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bitget: no order-book sample; edgeX: live order book, 62 min ago. Net counts fees only.
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 Bitget no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 62 min ago | 7.97 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
Bitget: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XLEUSDCshort | −0.0813% | 4h | 62.805 | +0.071% | $48K | $208K | 10x | |
| KuCoin XLEUSDTM | −0.0276% | 8h | 62.630 | −0.207% | $812K | $699K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.783 | +0.037% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.808 | +0.077% | $793K | $907K | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.760 | 0.000% | $323K | $201K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.780 | +0.032% | $301K | $549K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.700 | −0.096% | $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 XLEUSDTlong | 0.0000% | 8h | 62.760 | long leg | $95K | $85K | 20x | |
| Variational Omni XLE | 0.0000% | 8h | 62.773 | +0.020% | $44K | $15K | — | as long as short |
KuCoin XLEUSDTM
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Variational Omni XLEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.766 | +0.010% | $13K | $165K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.811 | +0.081% | $1K | $4.0M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.724 | −0.057% | $5K | $35K | 10x | as long as short |
| BloFin XLE-USDT | +0.0005% | 8h | 62.770 | +0.016% | $58K | $9K | 20x | as long as short |
| QFEX XLE-USD | +0.0033% | 1h | 62.760 | 0.000% | $1.2M | $4.0M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0098% | 1h | 62.680 | −0.127% | $2.4M | $3.8M | 20x | as long as short |
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
BloFin XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE