XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0266%/8h= +29.1% APRnext payment +$2.66 per $10,000 · paid last 24h +0.042%

Price spread now: Bitget against KuCoin+0.208%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.208% dearer against KuCoin than usual: you sell high and buy low: +$21 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 -0.007% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.66 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	KuCoin XLEUSDTM	62.580	−0.0266	get 0.0266% / 8h	7h 25m	$831K	$806K	20x
Short	Bitget XLEUSDT	62.710	0	get 0.0000% / 8h	7h 25m	$97K	$66K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now +0.208%Rate

Funding earned: $55.86
Price spread: +0.208% → 0.000%: $20.77
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $52.63
Costs to cover: 0.240%
Break-even: 0.4 days

Slippage unknown: KuCoin: live order book, 39 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 KuCoin live order book, 39 min ago	9.60 bp	424.6 bp −$425	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 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 XLEUSDTMlong	−0.0266%	8h	62.580	long leg	$831K	$806K	20x
Aster XLEUSDT	0.0000%	8h	62.704	+0.198%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.695	+0.184%	$783K	$954K	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.660	+0.128%	$319K	$204K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.640	+0.096%	$299K	$482K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.680	+0.160%	$64K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.690	+0.176%	$219K	$86K	20x	as long as short
Bitget XLEUSDTshort	0.0000%	8h	62.710	+0.208%	$97K	$66K	20x
Variational Omni XLE	0.0000%	8h	62.663	+0.132%	$44K	$13K	—	as long as short
SunX XLE-USDT	0.0000%	8h	62.672	+0.147%	$940	$3.5M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX XLE-USDT	0.0000%	8h	62.521	−0.094%	$5K	$35K	10x	as long as short
BloFin XLE-USDT	+0.0025%	8h	62.640	+0.096%	$58K	$9K	20x	as long as short
QFEX XLE-USD	+0.0060%	1h	62.720	+0.224%	$1.2M	$4.1M	30x	as long as short
tradeXYZ xyz:XLE	+0.0105%	1h	62.645	+0.104%	$2.3M	$3.8M	20x	as long as short
edgeX XLEUSDC	+0.0789%	4h	62.630	+0.080%	$48K	$208K	10x	as long as short
GRVT XLE_USDT_Perp	+0.0965%	8h	62.660	+0.128%	$13K	$152K	10x	as long as short