Funding you earn now, next payment 21:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h −0.028%
Price spread now: QFEX against Bitget+0.080%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
Funding, last 3 days (all we have)−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.080%, 7d avg +0.077%
=The price spread sits at its 7-day average of +0.077%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XLEUSDT | 62.560 | 0 | get 0.0000% / 8h | 3h 30m | $107K | $162K | 20x |
| Short | QFEX XLE-USD | 62.610 | 0.0061 | get 0.0008% / 1h | 30m 32s | $1.3M | $4.3M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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
- $12.84
- Price spread: +0.080% → +0.077%
- $0.33
- Slippage, 4 orders
- −$78.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$87.47
- Costs to cover
- 1.006%
- Break-even
- 54.7 days
Slippage from Bitget: live order book, 13 min ago; QFEX: live order book, 3 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 Bitget live order book, 13 min ago | 7.19 bp | 29.0 bp −$29 | 48.9 bp −$489 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 3.19 bp | 10.5 bp −$10 | doesn't fit | 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 | −0.0222% | 4h | 62.656 | +0.154% | $48K | $212K | 10x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.589 | +0.047% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.660 | +0.160% | $804K | $1.9M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.630 | +0.112% | $333K | $280K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.510 | −0.080% | $298K | $689K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.540 | −0.032% | $61K | $24K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.560 | 0.000% | $219K | $116K | 20x | as long as short |
| Bitget XLEUSDTlong | 0.0000% | 8h | 62.560 | long leg | $107K | $162K | 20x | |
| Variational Omni XLE | 0.0000% | 8h | 62.653 | +0.149% | $44K | $15K | — | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.653 | +0.149% | $2K | $7.1M | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX XLE-USDT | 0.0000% | 8h | 62.563 | +0.005% | $5K | $35K | 10x | as long as short |
| BloFin XLE-USDT | +0.0019% | 8h | 62.560 | 0.000% | $57K | $9K | 20x | as long as short |
| KuCoin XLEUSDTM | +0.0048% | 8h | 62.530 | −0.048% | $777K | $560K | 20x | as long as short |
| QFEX XLE-USDshort | +0.0061% | 1h | 62.610 | +0.080% | $1.3M | $4.3M | 30x | |
| tradeXYZ xyz:XLE | +0.0092% | 1h | 62.560 | 0.000% | $2.4M | $4.0M | 20x | as long as short |
| GRVT XLE_USDT_Perp | +0.0117% | 8h | 62.627 | +0.107% | $13K | $193K | 10x | as long as short |
Bitget XLEUSDT
edgeX XLEUSDC
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
BloFin XLE-USDT
KuCoin XLEUSDTM
tradeXYZ xyz:XLE
GRVT XLE_USDT_Perp