Funding you earn now, next payment 00:00 UTC+0.0047%/8h= +5.1% APRpaid last 24h −0.015%
Price spread now: QFEX against Bitget+0.080%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2302.299% of the position
Funding, last 3 days (all we have)−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.080%, 7d avg +0.077%
=The price spread sits at its 7-day average of +0.077%, 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 | Bitget XLEUSDT | 62.500 | 0 | get 0.0000% / 8h | 47m 04s | $94K | $157K | 20x |
| Short | QFEX XLE-USD | 62.550 | 0.0047 | get 0.0006% / 1h | 47m 04s | $1.3M | $5.6M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $9.79
- Price spread: +0.080% → +0.077%
- $0.3
- Slippage, 4 orders
- −$207.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$219.76
- Costs to cover
- 2.299%
- Break-even
- 164.1 days
Slippage from Bitget: live order book, 22 min ago; QFEX: 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 Bitget live order book, 22 min ago | 7.19 bp | 19.3 bp −$19 | 34.1 bp −$341 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 51.18 bp | 84.4 bp −$84 | 94.6 bp −$946 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XLE-USDT | −0.0008% | 8h | 62.390 | −0.176% | $57K | $9K | 20x | as long as short |
| KuCoin XLEUSDTM | −0.0001% | 8h | 62.390 | −0.176% | $773K | $614K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.515 | +0.025% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.550 | +0.080% | $798K | $1.7M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.480 | −0.032% | $326K | $268K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.440 | −0.096% | $298K | $643K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.500 | 0.000% | $61K | $15K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.500 | 0.000% | $219K | $110K | 20x | as long as short |
| Bitget XLEUSDTlong | 0.0000% | 8h | 62.500 | long leg | $94K | $157K | 20x | |
| Variational Omni XLE | 0.0000% | 8h | 62.537 | +0.059% | $44K | $15K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XLE-USDT | 0.0000% | 8h | 62.551 | +0.082% | $2K | $6.5M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.590 | +0.144% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USDshort | +0.0047% | 1h | 62.550 | +0.080% | $1.3M | $5.6M | 30x | |
| GRVT XLE_USDT_Perp | +0.0054% | 8h | 62.526 | +0.041% | $13K | $190K | 10x | as long as short |
| tradeXYZ xyz:XLE | +0.0227% | 1h | 62.466 | −0.054% | $2.4M | $4.0M | 20x | as long as short |
| edgeX XLEUSDC | +0.0517% | 4h | 62.537 | +0.058% | $48K | $211K | 10x | as long as short |
Bitget XLEUSDT
BloFin XLE-USDT
KuCoin XLEUSDTM
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
GRVT XLE_USDT_Perp
tradeXYZ xyz:XLE
edgeX XLEUSDC