Funding you earn now, next payment 12:00 UTC+0.0978%/8h= +107.1% APRpaid last 24h +0.054%
Price spread now: Bitget against edgeX−0.037%114s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Bitget is 0.037% cheaper against edgeX than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$29 a day). Mind the row above: over the last 7 days funding on this pair cost −0.242%, so the current rate has only just turned in your favour. The two prices were read 114 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 -0.242% in total (about -12.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XLEUSDC | 61.823 | −0.0978 | get 0.0489% / 4h | 51m 39s | $47K | $208K | 10x |
| Short | Bitget XLEUSDT | 61.800 | 0 | get 0.0000% / 8h | 4h 51m | $98K | $71K | 20x |
edgeX XLEUSDC
Bitget XLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- $205.35
- Price spread: −0.037% → 0.000%
- −$3.66
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $180.7
- Costs to cover
- 0.210%
- Break-even
- 0.8 days
Slippage unknown: edgeX: live order book, 53 min ago; Bitget: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 53 min ago | 7.27 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget no order-book sample | — | — | — | — | — |
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 exchanges
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 XLEUSDClong | −0.0978% | 4h | 61.823 | long leg | $47K | $208K | 10x | |
| KuCoin XLEUSDTM | −0.0145% | 8h | 61.830 | +0.012% | $1.0M | $961K | 20x | as long as short |
| BloFin XLE-USDT | −0.0001% | 8h | 61.720 | −0.166% | $59K | $10K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 61.845 | +0.035% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 61.830 | +0.012% | $773K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 61.760 | −0.101% | $303K | $221K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 61.720 | −0.166% | $292K | $475K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 61.770 | −0.085% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 61.820 | −0.004% | $221K | $84K | 20x | as long as short |
| Bitget XLEUSDTshort | 0.0000% | 8h | 61.800 | −0.037% | $98K | $71K | 20x |
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDTShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 61.854 | +0.050% | $44K | $10K | — | as long as short |
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 61.799 | −0.038% | $14K | $141K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 61.821 | −0.003% | $2K | $3.0M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 61.667 | −0.252% | $5K | $35K | 10x | as long as short |
| tradeXYZ xyz:XLE | +0.0050% | 1h | 61.720 | −0.166% | $2.3M | $4.1M | 20x | as long as short |
| QFEX XLE-USD | +0.0057% | 1h | 61.800 | −0.037% | $1.2M | $4.3M | 30x | as long as short |
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
tradeXYZ xyz:XLE
QFEX XLE-USD