Funding you earn now, next payment 16:00 UTC+0.1135%/8h= +124.3% APRnext payment +$11.35 per $10,000 · paid last 24h +0.005%
Price spread now: GRVT against Gate+0.055%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and GRVT is 0.055% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
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 +$11.35 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 | Gate XLE_USDT | 62.700 | 0 | get 0.0000% / 8h | 7h 52m | $64K | $12K | 20x |
| Short | GRVT XLE_USDT_Perp | 62.735 | 0.1135 | get 0.1135% / 8h | 7h 52m | $13K | $156K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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
- $238.35
- Price spread: +0.055% → 0.000%
- $5.55
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $219.9
- Costs to cover
- 0.240%
- Break-even
- 0.5 days
Slippage unknown: Gate: no order-book sample; GRVT: live order book, 44 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 Gate no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 44 min ago | 4.78 bp | 57.3 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLEUSDTM | −0.0320% | 8h | 62.610 | −0.144% | $828K | $794K | 20x | as long as short |
| edgeX XLEUSDC | −0.0135% | 4h | 62.730 | +0.049% | $48K | $208K | 10x | as long as short |
| BloFin XLE-USDT | −0.0006% | 8h | 62.700 | 0.000% | $58K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.697 | −0.005% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.755 | +0.088% | $788K | $983K | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.720 | +0.032% | $320K | $204K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.710 | +0.016% | $300K | $523K | 20x | as long as short |
| Gate XLE_USDTlong | 0.0000% | 8h | 62.700 | long leg | $64K | $12K | 20x | |
| MEXC XLE_USDT | 0.0000% | 8h | 62.710 | +0.016% | $220K | $85K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.740 | +0.064% | $97K | $81K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 62.735 | +0.056% | $44K | $15K | — | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.752 | +0.083% | $2K | $3.8M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.611 | −0.142% | $5K | $35K | 10x | as long as short |
| QFEX XLE-USD | +0.0060% | 1h | 62.700 | 0.000% | $1.2M | $4.0M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0092% | 1h | 62.631 | −0.110% | $2.3M | $3.8M | 20x | as long as short |
| GRVT XLE_USDT_Perpshort | +0.1135% | 8h | 62.735 | +0.055% | $13K | $156K | 10x |
Gate XLE_USDT
GRVT XLE_USDT_Perp
KuCoin XLEUSDTM
edgeX XLEUSDC
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
tradeXYZ xyz:XLE