Funding you earn now, next payment 08:00 UTC−0.0803%/8h= −88.0% APRpaid last 24h +0.041%
Price spread now: Gate against edgeX−0.085%67s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Gate is 0.085% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 67 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 -0.250% in total (about -13.0% 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 | 62.753 | 0.0803 | pay 0.0402% / 4h | 1h 44m | $48K | $209K | 10x |
| Short | Gate XLE_USDT | 62.700 | 0 | get 0.0000% / 8h | 1h 44m | $64K | $12K | 20x |
edgeX XLEUSDC
Gate XLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$168.71
- Price spread: −0.085% → 0.000%
- −$8.52
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$201.22
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 62 min ago; Gate: 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, 62 min ago | 10.37 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLEUSDTM | −0.0226% | 8h | 62.680 | −0.117% | $807K | $692K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.777 | +0.038% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.770 | +0.026% | $795K | $1.0M | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.780 | +0.042% | $323K | $201K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.720 | −0.053% | $302K | $573K | 20x | as long as short |
| Gate XLE_USDTshort | 0.0000% | 8h | 62.700 | −0.085% | $64K | $12K | 20x | |
| MEXC XLE_USDT | 0.0000% | 8h | 62.750 | −0.006% | $220K | $86K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.760 | +0.010% | $95K | $87K | 20x | as long as short |
| Variational Omni XLE | 0.0000% | 8h | 62.764 | +0.017% | $44K | $15K | — | as long as short |
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.770 | +0.026% | $13K | $170K | 10x | as long as short |
KuCoin XLEUSDTM
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
GRVT XLE_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XLE-USDT | 0.0000% | 8h | 62.771 | +0.028% | $1K | $4.5M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.674 | −0.127% | $5K | $35K | 10x | as long as short |
| BloFin XLE-USDT | +0.0024% | 8h | 62.630 | −0.197% | $58K | $9K | 20x | as long as short |
| QFEX XLE-USD | +0.0031% | 1h | 62.740 | −0.021% | $1.2M | $4.1M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0056% | 1h | 62.738 | −0.025% | $2.4M | $3.8M | 20x | as long as short |
| edgeX XLEUSDClong | +0.0803% | 4h | 62.753 | long leg | $48K | $209K | 10x |
SunX XLE-USDT
HTX XLE-USDT
BloFin XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE