Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.630%
Price spread now: Binance against BloFin+0.128%71s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.627%−$63 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.128% dearer against BloFin than usual: you sell high and buy low (spread +0.128% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 36 days. At the pace of the last 7 days (−0.627% in total) that is about 34 hours. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XLE-USDT | 62.440 | 0.0012 | pay 0.0012% / 8h | 13m 55s | $57K | $9K | 20x |
| Short | Binance XLEUSDT | 62.520 | 0 | get 0.0000% / 8h | 13m 55s | $798K | $1.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$2.51
- Price spread: +0.128% → 0.000%
- $12.81
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$11.7
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 4 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 3.20 bp | 14.7 bp −$15 | 68.1 bp −$681 | doesn't fit | doesn't fit |
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 | −0.0711% | 4h | 62.526 | +0.138% | $48K | $211K | 10x | as long as short |
| KuCoin XLEUSDTM | −0.0158% | 8h | 62.340 | −0.160% | $775K | $600K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.496 | +0.090% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDTshort | 0.0000% | 8h | 62.520 | +0.128% | $798K | $1.5M | 20x | |
| Bybit XLEUSDT | 0.0000% | 8h | 62.480 | +0.064% | $325K | $249K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.430 | −0.016% | $298K | $620K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.510 | +0.112% | $61K | $15K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.490 | +0.080% | $219K | $112K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.490 | +0.080% | $94K | $153K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.531 | +0.146% | $44K | $15K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XLE-USDT | 0.0000% | 8h | 62.535 | +0.152% | $1K | $6.0M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.282 | −0.253% | $5K | $34K | 10x | as long as short |
| BloFin XLE-USDTlong | +0.0012% | 8h | 62.440 | long leg | $57K | $9K | 20x | |
| GRVT XLE_USDT_Perp | +0.0043% | 8h | 62.504 | +0.103% | $13K | $182K | 10x | as long as short |
| QFEX XLE-USD | +0.0047% | 1h | 62.530 | +0.144% | $1.3M | $5.8M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0165% | 1h | 62.491 | +0.082% | $2.4M | $3.9M | 20x | as long as short |
BloFin XLE-USDT
Binance XLEUSDT
edgeX XLEUSDC
KuCoin XLEUSDTM
Aster XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
GRVT XLE_USDT_Perp
tradeXYZ xyz:XLE