Funding you earn now, next payment 08:00 UTC+0.0264%/8h= +28.9% APRnext payment +$2.64 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against KuCoin+0.193%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
=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 BloFin is 0.193% dearer against KuCoin than usual: you sell high and buy low: +$19 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 +$2.64 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 | 62.300 | −0.0268 | get 0.0268% / 8h | 4h 12m | $790K | $641K | 20x |
| Short | BloFin XLE-USDT | 62.420 | −0.0004 | pay 0.0004% / 8h | 4h 12m | $58K | $9K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $55.38
- Price spread: +0.193% → 0.000%
- $19.26
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $50.64
- Costs to cover
- 0.240%
- Break-even
- 0.6 days
Slippage unknown: KuCoin: live order book, 17 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 KuCoin live order book, 17 min ago | 4.01 bp | 426.6 bp −$427 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLEUSDTMlong | −0.0268% | 8h | 62.300 | long leg | $790K | $641K | 20x | |
| BloFin XLE-USDTshort | −0.0004% | 8h | 62.420 | +0.193% | $58K | $9K | 20x | |
| Aster XLEUSDT | 0.0000% | 8h | 62.444 | +0.231% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.440 | +0.225% | $793K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.450 | +0.241% | $322K | $200K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.460 | +0.257% | $300K | $558K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.460 | +0.257% | $61K | $11K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.460 | +0.257% | $219K | $88K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.470 | +0.273% | $95K | $81K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.464 | +0.263% | $44K | $14K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.490 | +0.305% | $13K | $174K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.467 | +0.268% | $1K | $4.6M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.492 | +0.308% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USD | +0.0002% | 1h | 62.450 | +0.241% | $1.2M | $4.4M | 30x | as long as short |
| edgeX XLEUSDC | +0.0086% | 4h | 62.461 | +0.258% | $48K | $210K | 10x | as long as short |
| tradeXYZ xyz:XLE | +0.0145% | 1h | 62.442 | +0.228% | $2.4M | $3.8M | 20x | as long as short |
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
edgeX XLEUSDC
tradeXYZ xyz:XLE