Funding you earn now, next payment 04:00 UTC+0.0795%/8h= +87.1% APRpaid last 24h +0.008%
Price spread now: BloFin against edgeX−0.092%701s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. BloFin is 0.092% cheaper against edgeX than usual: you would sell low and buy high (spread −0.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$24 a day). Mind the row above: over the last 7 days funding on this pair cost −0.284%, so the current rate has only just turned in your favour. The two prices were read 701 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.284% in total (about -14.8% 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 | 62.568 | −0.0813 | get 0.0407% / 4h | 2h 36m | $48K | $209K | 10x |
| Short | BloFin XLE-USDT | 62.510 | −0.0018 | pay 0.0018% / 8h | 6h 36m | $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
- $167.05
- Price spread: −0.092% → 0.000%
- −$9.21
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $136.83
- Costs to cover
- 0.210%
- Break-even
- 1.3 days
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 | 7.99 bp | 15.2 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XLEUSDClong | −0.0813% | 4h | 62.568 | long leg | $48K | $209K | 10x | |
| KuCoin XLEUSDTM | −0.0208% | 8h | 62.410 | −0.252% | $788K | $651K | 20x | as long as short |
| BloFin XLE-USDTshort | −0.0018% | 8h | 62.510 | −0.092% | $58K | $9K | 20x | |
| Aster XLEUSDT | 0.0000% | 8h | 62.563 | −0.008% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.588 | +0.033% | $798K | $1.1M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.550 | −0.028% | $323K | $208K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.560 | −0.012% | $299K | $566K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.590 | +0.036% | $61K | $11K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.590 | +0.036% | $219K | $87K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.560 | −0.012% | $95K | $90K | 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 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XLE | 0.0000% | 8h | 62.565 | −0.004% | $44K | $15K | — | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.576 | +0.013% | $1K | $5.0M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.376 | −0.306% | $5K | $34K | 10x | as long as short |
| QFEX XLE-USD | +0.0047% | 1h | 62.570 | +0.004% | $1.2M | $6.0M | 30x | as long as short |
| GRVT XLE_USDT_Perp | +0.0074% | 8h | 62.579 | +0.018% | $13K | $175K | 10x | as long as short |
| tradeXYZ xyz:XLE | +0.0128% | 1h | 62.543 | −0.039% | $2.4M | $3.9M | 20x | as long as short |
Variational Omni XLE
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
GRVT XLE_USDT_Perp
tradeXYZ xyz:XLE