Settings8H · net · $10k
Funding arb · Price arb /

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin+0.176%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.176% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLE-USDT62.400−0.0014get 0.0014% / 8h5h 02m$14K$9K20x
ShortBitget XLEUSDT62.5100get 0.0000% / 8h5h 02m$96K$81K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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

Funding earned
$2.95
Price spread: +0.176% → 0.000%
$17.63
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$3.43
Costs to cover
0.240%
Break-even
15.1 days
Slippage unknown: BloFin: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Bitget no order-book sample
BloFin and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XLEUSDTM−0.0269%8h62.450+0.080%$794K$646K20xas long as short
BloFin XLE-USDTlong−0.0014%8h62.400long leg$14K$9K20x
Aster XLEUSDT0.0000%8h62.487+0.139%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.516+0.186%$795K$1.0M20xas long as short
Bybit XLEUSDT0.0000%8h62.500+0.160%$322K$204K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.490+0.144%$299K$558K20xas long as short
Gate XLE_USDT0.0000%8h62.480+0.128%$61K$11K20xas long as short
MEXC XLE_USDT0.0000%8h62.510+0.176%$219K$88K20xas long as short
Bitget XLEUSDTshort0.0000%8h62.510+0.176%$96K$81K20x
Variational Omni XLE0.0000%8h62.493+0.149%$44K$14Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XLE_USDT_Perp0.0000%8h62.482+0.131%$14K$175K10xas long as short
SunX XLE-USDT0.0000%8h62.510+0.176%$2K$4.7M10xas long as short
HTX XLE-USDT0.0000%8h62.475+0.120%$5K$34K10xas long as short
tradeXYZ xyz:XLE+0.0050%1h62.478+0.125%$2.4M$3.8M20xas long as short
QFEX XLE-USD+0.0057%1h62.500+0.160%$1.2M$4.9M30xas long as short
edgeX XLEUSDC+0.0646%4h62.501+0.161%$48K$210K10xas long as short