Funding you earn now, next payment 08:00 UTC−0.0269%/8h= −29.4% APRnext payment −$2.69 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against BloFin−0.240%95s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.240% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 95 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 0.026% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.69 per $10,000. 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 | BloFin XLE-USDT | 62.590 | −0.0014 | get 0.0014% / 8h | 3h 17m | $58K | $9K | 20x |
| Short | KuCoin XLEUSDTM | 62.440 | −0.0283 | pay 0.0283% / 8h | 3h 17m | $799K | $644K | 20x |
BloFin XLE-USDT
KuCoin XLEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$56.4
- Price spread: −0.240% → 0.000%
- −$23.97
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$104.36
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 7 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 BloFin no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 7 min ago | 7.22 bp | 94.2 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
BloFin: 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLEUSDTMshort | −0.0283% | 8h | 62.440 | −0.240% | $799K | $644K | 20x | |
| BloFin XLE-USDTlong | −0.0014% | 8h | 62.590 | long leg | $58K | $9K | 20x | |
| Aster XLEUSDT | 0.0000% | 8h | 62.572 | −0.028% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.620 | +0.048% | $791K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.590 | 0.000% | $323K | $201K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.580 | −0.016% | $300K | $560K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.530 | −0.096% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.600 | +0.016% | $219K | $87K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.590 | 0.000% | $95K | $81K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.574 | −0.025% | $44K | $15K | — | as long as short |
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDT
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 | 62.599 | +0.014% | $13K | $174K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.631 | +0.066% | $1K | $4.6M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.498 | −0.147% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USD | +0.0026% | 1h | 62.600 | +0.016% | $1.2M | $4.2M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0187% | 1h | 62.561 | −0.046% | $2.4M | $3.8M | 20x | as long as short |
| edgeX XLEUSDC | +0.0534% | 4h | 62.571 | −0.030% | $48K | $209K | 10x | as long as short |
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE
edgeX XLEUSDC