Settings8H · net · $10k
Funding arb · Price arb /

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.019%
Price spread now: Gate against BloFin+0.224%93s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Gate is 0.224% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLE-USDT62.530−0.0011get 0.0011% / 8h2h 51m$58K$9K20x
ShortGate XLE_USDT62.6700get 0.0000% / 8h2h 51m$64K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
$2.34
Price spread: +0.224% → 0.000%
$22.39
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$2.27
Costs to cover
0.270%
Break-even
13.8 days
Slippage unknown: BloFin: no order-book sample; Gate: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Gate no order-book sample
BloFin and Gate: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLEUSDTM−0.0267%8h62.470−0.096%$803K$651K20xas long as short
BloFin XLE-USDTlong−0.0011%8h62.530long leg$58K$9K20x
Aster XLEUSDT0.0000%8h62.600+0.112%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.696+0.265%$792K$1.0M20xas long as short
Bybit XLEUSDT0.0000%8h62.670+0.224%$323K$202K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.600+0.112%$300K$560K20xas long as short
Gate XLE_USDTshort0.0000%8h62.670+0.224%$64K$12K20x
MEXC XLE_USDT0.0000%8h62.690+0.256%$219K$85K20xas long as short
Bitget XLEUSDT0.0000%8h62.660+0.208%$95K$81K20xas long as short
Variational Omni XLE0.0000%8h62.649+0.190%$44K$15Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XLE_USDT_Perp0.0000%8h62.654+0.198%$13K$174K10xas long as short
SunX XLE-USDT0.0000%8h62.692+0.259%$2K$4.6M10xas long as short
HTX XLE-USDT0.0000%8h62.603+0.117%$5K$34K10xas long as short
QFEX XLE-USD+0.0040%1h62.610+0.128%$1.2M$4.2M30xas long as short
tradeXYZ xyz:XLE+0.0050%1h62.634+0.166%$2.4M$3.8M20xas long as short
edgeX XLEUSDC+0.0900%4h62.648+0.189%$48K$208K10xas long as short