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

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.10 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Gate+0.032%7-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+0.041%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.032% dearer against Gate than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XLE_USDT62.7000get 0.0000% / 8h7h 38m$64K$12K20x
ShortBloFin XLE-USDT62.720−0.0010pay 0.0010% / 8h7h 38m$58K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
−$2.07
Price spread: +0.032% → 0.000%
$3.19
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$25.88
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; BloFin: 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 Gate no order-book sample
Sell BloFin no order-book sample
Gate and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XLEUSDC−0.0700%4h62.813+0.180%$48K$208K10xas long as short
KuCoin XLEUSDTM−0.0269%8h62.670−0.048%$831K$795K20xas long as short
BloFin XLE-USDTshort−0.0010%8h62.720+0.032%$58K$9K20x
Aster XLEUSDT0.0000%8h62.741+0.066%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.820+0.191%$789K$965K20xas long as short
Bybit XLEUSDT0.0000%8h62.770+0.112%$320K$204K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.730+0.048%$300K$503K20xas long as short
Gate XLE_USDTlong0.0000%8h62.700long leg$64K$12K20x
MEXC XLE_USDT0.0000%8h62.780+0.128%$220K$86K20xas long as short
Bitget XLEUSDT0.0000%8h62.790+0.144%$97K$67K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLE0.0000%8h62.810+0.175%$44K$15Kas long as short
SunX XLE-USDT0.0000%8h62.822+0.195%$984$3.7M10xas long as short
HTX XLE-USDT0.0000%8h62.739+0.062%$5K$35K10xas long as short
QFEX XLE-USD+0.0060%1h62.790+0.144%$1.2M$4.0M30xas long as short
tradeXYZ xyz:XLE+0.0201%1h62.699−0.002%$2.3M$3.8M20xas long as short
GRVT XLE_USDT_Perp+0.1674%8h62.801+0.160%$13K$154K10xas long as short