Funding you earn now, next payment 08:00 UTC−0.0796%/8h= −87.2% APRpaid last 24h +0.060%
Price spread now: BloFin against edgeX−0.163%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.205%−$20 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and BloFin is 0.163% cheaper against edgeX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.205% in total (about -10.7% a year). A funding rate is set anew for every payment. 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 | edgeX XLEUSDC | 62.752 | 0.0769 | pay 0.0384% / 4h | 6m 46s | $48K | $208K | 10x |
| Short | BloFin XLE-USDT | 62.650 | −0.0027 | pay 0.0027% / 8h | 6m 46s | $58K | $9K | 20x |
edgeX XLEUSDC
BloFin XLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against edgeX. 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
- −$167.2
- Price spread: −0.163% → 0.000%
- −$16.29
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$204.49
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 30 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 edgeX live order book, 30 min ago | 8.76 bp | 15.3 bp −$15 | 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 XLEUSDTM | −0.0323% | 8h | 62.570 | −0.290% | $828K | $783K | 20x | as long as short |
| BloFin XLE-USDTshort | −0.0027% | 8h | 62.650 | −0.163% | $58K | $9K | 20x | |
| Aster XLEUSDT | 0.0000% | 8h | 62.731 | −0.034% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.750 | −0.004% | $790K | $983K | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.710 | −0.067% | $321K | $204K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.650 | −0.163% | $301K | $523K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.700 | −0.083% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.720 | −0.051% | $220K | $87K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.740 | −0.019% | $95K | $80K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.752 | 0.000% | $44K | $15K | — | as long as short |
KuCoin XLEUSDTM
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.780 | +0.044% | $13K | $160K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.757 | +0.008% | $2K | $3.8M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.650 | −0.163% | $5K | $35K | 10x | as long as short |
| QFEX XLE-USD | +0.0033% | 1h | 62.680 | −0.115% | $1.2M | $4.0M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0050% | 1h | 62.650 | −0.163% | $2.3M | $3.8M | 20x | as long as short |
| edgeX XLEUSDClong | +0.0769% | 4h | 62.752 | long leg | $48K | $208K | 10x |
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE