Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.023%
Price spread now: Bitget against Bybit0.000%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1521.520% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now 0.000%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XLEUSDT | 62.500 | 0 | get 0.0000% / 8h | 40m 11s | $325K | $263K | 25x |
| Short | Bitget XLEUSDT | 62.500 | 0 | get 0.0000% / 8h | 40m 11s | $94K | $155K | 20x |
Bybit XLEUSDT
Bitget XLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $0
- Price spread: 0.000% → −0.006%
- $0.6
- Slippage, 4 orders
- −$128.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$151.39
- Costs to cover
- 1.520%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 29 min ago; Bitget: live order book, 29 min ago.
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 Bybit live order book, 29 min ago | 3.20 bp | 11.2 bp −$11 | 193.5 bp −$1,935 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 29 min ago | 7.19 bp | 41.4 bp −$41 | 47.2 bp −$472 | doesn't fit | doesn't fit |
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 | −0.0449% | 4h | 62.547 | +0.075% | $48K | $211K | 10x | as long as short |
| KuCoin XLEUSDTM | −0.0028% | 8h | 62.390 | −0.176% | $773K | $607K | 20x | as long as short |
| BloFin XLE-USDT | −0.0001% | 8h | 62.450 | −0.080% | $57K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.517 | +0.027% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.548 | +0.077% | $797K | $1.6M | 20x | as long as short |
| Bybit XLEUSDTlong | 0.0000% | 8h | 62.500 | long leg | $325K | $263K | 25x | |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.440 | −0.096% | $298K | $641K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.530 | +0.048% | $61K | $15K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.510 | +0.016% | $219K | $110K | 20x | as long as short |
| Bitget XLEUSDTshort | 0.0000% | 8h | 62.500 | 0.000% | $94K | $155K | 20x |
edgeX XLEUSDC
KuCoin XLEUSDTM
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 62.537 | +0.059% | $44K | $15K | — | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.551 | +0.082% | $1K | $6.4M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.595 | +0.152% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USD | +0.0047% | 1h | 62.470 | −0.048% | $1.3M | $5.6M | 30x | as long as short |
| GRVT XLE_USDT_Perp | +0.0052% | 8h | 62.536 | +0.057% | $13K | $186K | 10x | as long as short |
| tradeXYZ xyz:XLE | +0.0200% | 1h | 62.465 | −0.056% | $2.4M | $4.0M | 20x | as long as short |
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
GRVT XLE_USDT_Perp
tradeXYZ xyz:XLE