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−0.0027%/8h= −3.0% APRnext payment $0.27 per $10,000 · paid last 24h −0.019%
Price spread now: Gate against BloFin+0.257%93s7-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−0.045%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Gate is 0.257% dearer against BloFin than usual: you sell high and buy low (spread +0.257% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 days. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XLE-USDT62.3700.0027pay 0.0027% / 8h7h 47m$57K$9K20x
ShortGate XLE_USDT62.5300get 0.0000% / 8h7h 47m$61K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$5.66
Price spread: +0.257% → 0.000%
$25.65
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$7.01
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Gate: 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 Gate no order-book sample
BloFin and Gate: 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
edgeX XLEUSDC−0.0580%4h62.562+0.308%$48K$211K10xas long as short
KuCoin XLEUSDTM−0.0193%8h62.410+0.064%$782K$600K20xas long as short
Aster XLEUSDT0.0000%8h62.503+0.214%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.620+0.401%$800K$1.2M20xas long as short
Bybit XLEUSDT0.0000%8h62.540+0.273%$324K$211K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.500+0.208%$299K$574K20xas long as short
Gate XLE_USDTshort0.0000%8h62.530+0.257%$61K$12K20x
MEXC XLE_USDT0.0000%8h62.570+0.321%$219K$100K20xas long as short
Bitget XLEUSDT0.0000%8h62.590+0.353%$94K$99K20xas long as short
Variational Omni XLE0.0000%8h62.550+0.289%$44K$15Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XLE-USDT0.0000%8h62.606+0.378%$2K$5.5M10xas long as short
HTX XLE-USDT0.0000%8h62.593+0.358%$5K$34K10xas long as short
BloFin XLE-USDTlong+0.0027%8h62.370long leg$57K$9K20x
QFEX XLE-USD+0.0043%1h62.590+0.353%$1.2M$5.9M30xas long as short
tradeXYZ xyz:XLE+0.0366%1h62.534+0.263%$2.4M$3.9M20xas long as short
GRVT XLE_USDT_Perp+0.0739%8h62.550+0.289%$14K$178K10xas long as short