Funding you earn now, next payment 16:00 UTC−0.1435%/8h= −157.2% APRnext payment −$14.35 per $10,000 · paid last 24h −0.009%
Price spread now: BloFin against GRVT−0.128%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$43 a day on $10k at the current rate, and BloFin is 0.128% cheaper against GRVT than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.35 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 | GRVT XLE_USDT_Perp | 62.720 | 0.1460 | pay 0.1460% / 8h | 7h 26m | $13K | $153K | 10x |
| Short | BloFin XLE-USDT | 62.640 | 0.0025 | get 0.0025% / 8h | 7h 26m | $58K | $9K | 20x |
GRVT XLE_USDT_Perp
BloFin XLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- −$301.41
- Price spread: −0.128% → 0.000%
- −$12.76
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$335.17
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 6 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 6 min ago | 2.39 bp | 16.4 bp −$16 | 67.3 bp −$673 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XLEUSDC | −0.0513% | 4h | 62.694 | −0.042% | $48K | $209K | 10x | as long as short |
| KuCoin XLEUSDTM | −0.0265% | 8h | 62.590 | −0.207% | $830K | $803K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.706 | −0.023% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.677 | −0.069% | $783K | $953K | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.650 | −0.112% | $319K | $204K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.640 | −0.128% | $299K | $482K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.660 | −0.096% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.690 | −0.048% | $219K | $86K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.700 | −0.032% | $97K | $66K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.695 | −0.040% | $44K | $15K | — | as long as short |
edgeX XLEUSDC
KuCoin XLEUSDTM
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XLE-USDT | 0.0000% | 8h | 62.617 | −0.164% | $1K | $3.5M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.521 | −0.317% | $5K | $35K | 10x | as long as short |
| BloFin XLE-USDTshort | +0.0025% | 8h | 62.640 | −0.128% | $58K | $9K | 20x | |
| QFEX XLE-USD | +0.0060% | 1h | 62.760 | +0.064% | $1.2M | $4.1M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0121% | 1h | 62.648 | −0.115% | $2.3M | $3.8M | 20x | as long as short |
| GRVT XLE_USDT_Perplong | +0.1460% | 8h | 62.720 | long leg | $13K | $153K | 10x |
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE