XLE

Alert

Funding spread now, next payment 18:00 UTC+0.0996%/8h

paid, last 24h−0.038%paid, last 7 days−0.183%to open and close $10k−$50

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.183% in total (about -9.5% 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	62.824	−0.0918	get 0.0459% / 4h	2h 01m	$48K	$212K	10x
Short	tradeXYZ xyz:XLE	62.806	0.0078	get 0.0010% / 1h	1m 57s	$2.3M	$3.8M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee tradeXYZbpOrdersRate

Funding earned: $209.13
Slippage, 4 orders: −$22.56
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $159.57
Break-even: 1.7 days

Slippage from edgeX: live order book, 36 min ago; tradeXYZ: live order book, 8 min ago.

Price risk

price view

Price gap now: −0.029%
Avg gap 7d: −0.080%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 36 min ago	7.18 bp	12.4 bp −$12	45.9 bp −$459	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 8 min ago	2.15 bp	11.2 bp −$11	16.6 bp −$166	doesn't fit	doesn't fit

XLE on 15 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
edgeX XLEUSDClong	−0.0918%	4h	$48K	$212K	10x
Aster XLEUSDT	0.0000%	8h	$4K	$6K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	$802K	$1.8M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	$346K	$265K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	$276K	$640K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	$61K	$24K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	$220K	$118K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	$106K	$154K	20x	as long as short
Variational Omni XLE	0.0000%	8h	$44K	$17K	—	as long as short
SunX XLE-USDT	0.0000%	8h	$1K	$7.0M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
HTX XLE-USDT	0.0000%	8h	$5K	$36K	10x	as long as short
BloFin XLE-USDT	+0.0021%	8h	$58K	$9K	20x	as long as short
QFEX XLE-USD	+0.0044%	1h	$1.3M	$4.0M	30x	as long as short
tradeXYZ xyz:XLEshort	+0.0078%	1h	$2.3M	$3.8M	20x
KuCoin XLEUSDTM	+0.0100%	8h	$775K	$515K	20x	as long as short