Funding you earn now, next payment 12:00 UTC−0.0500%/8h= −54.7% APRpaid last 24h −0.051%
Price spread now: edgeX against BloFin+0.073%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. edgeX is 0.073% dearer against BloFin than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.220%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.220% in total (about 11.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XLE-USDT | 61.890 | 0.0000 | get 0.0000% / 8h | 5h 44m | $59K | $10K | 20x |
| Short | edgeX XLEUSDC | 61.935 | −0.0500 | pay 0.0250% / 4h | 1h 44m | $48K | $209K | 10x |
BloFin XLE-USDT
edgeX XLEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- −$104.94
- Price spread: +0.073% → 0.000%
- $7.26
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$118.68
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; edgeX: live order book, 1 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 1 min ago | 7.27 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
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 exchanges
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 XLEUSDCshort | −0.0500% | 4h | 61.935 | +0.073% | $48K | $209K | 10x | |
| KuCoin XLEUSDTM | −0.0334% | 8h | 62.050 | +0.259% | $1.0M | $930K | 20x | as long as short |
| BloFin XLE-USDTlong | 0.0000% | 8h | 61.890 | long leg | $59K | $10K | 20x | |
| Aster XLEUSDT | 0.0000% | 8h | 61.986 | +0.155% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 61.970 | +0.129% | $773K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 61.930 | +0.065% | $309K | $216K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 61.880 | −0.016% | $294K | $483K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 61.860 | −0.048% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 61.940 | +0.081% | $221K | $84K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 61.910 | +0.032% | $94K | $74K | 20x | as long as short |
KuCoin XLEUSDTM
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Bitget XLEUSDTShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 61.924 | +0.055% | $44K | $10K | — | as long as short |
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 61.937 | +0.075% | $13K | $143K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 61.956 | +0.107% | $2K | $3.1M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 61.756 | −0.217% | $5K | $35K | 10x | as long as short |
| QFEX XLE-USD | +0.0058% | 1h | 61.920 | +0.048% | $1.2M | $4.1M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0121% | 1h | 61.869 | −0.034% | $2.3M | $4.1M | 20x | as long as short |
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE