XLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.5% APRnext payment −$0.13 per $10,000 · paid last 24h −0.001%

Price spread now: BloFin against Variational Omni−0.166%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.166% cheaper against Variational Omni than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XLE	62.534	0	get 0.0000% / 8h	3h 42m	$44K	$14K	—
Short	BloFin XLE-USDT	62.430	−0.0013	pay 0.0013% / 8h	3h 42m	$58K	$9K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BloFinbpOrdersPrice spread, now −0.166%Rate

Funding earned: −$2.8
Price spread: −0.166% → 0.000%: −$16.64
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$31.44
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Variational Omni and 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
edgeX XLEUSDC	−0.0523%	4h	62.541	+0.010%	$48K	$210K	10x	as long as short
KuCoin XLEUSDTM	−0.0278%	8h	62.360	−0.278%	$795K	$644K	20x	as long as short
BloFin XLE-USDTshort	−0.0013%	8h	62.430	−0.166%	$58K	$9K	20x
Aster XLEUSDT	0.0000%	8h	62.505	−0.046%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.520	−0.022%	$791K	$1.0M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.530	−0.006%	$323K	$201K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.530	−0.006%	$300K	$559K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.510	−0.038%	$64K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.500	−0.054%	$219K	$86K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.500	−0.054%	$95K	$81K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XLElong	0.0000%	8h	62.534	long leg	$44K	$14K	—
GRVT XLE_USDT_Perp	0.0000%	8h	62.536	+0.003%	$13K	$174K	10x	as long as short
SunX XLE-USDT	0.0000%	8h	62.537	+0.005%	$1K	$4.6M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	62.620	+0.137%	$5K	$34K	10x	as long as short
QFEX XLE-USD	+0.0026%	1h	62.500	−0.054%	$1.2M	$4.4M	30x	as long as short
tradeXYZ xyz:XLE	+0.0377%	1h	62.477	−0.091%	$2.4M	$3.8M	20x	as long as short