Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.28 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against Gate−0.032%93s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.032% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XLE_USDT | 62.700 | 0 | get 0.0000% / 8h | 55m 34s | $64K | $12K | 20x |
| Short | BloFin XLE-USDT | 62.680 | −0.0028 | pay 0.0028% / 8h | 55m 34s | $58K | $9K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$5.81
- Price spread: −0.032% → 0.000%
- −$3.19
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$36
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: 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 Gate no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Gate 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 | −0.0563% | 4h | 62.742 | +0.067% | $48K | $208K | 10x | as long as short |
| KuCoin XLEUSDTM | −0.0247% | 8h | 62.570 | −0.207% | $808K | $692K | 20x | as long as short |
| BloFin XLE-USDTshort | −0.0028% | 8h | 62.680 | −0.032% | $58K | $9K | 20x | |
| Aster XLEUSDT | 0.0000% | 8h | 62.760 | +0.096% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.740 | +0.064% | $794K | $980K | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.700 | 0.000% | $323K | $201K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.710 | +0.016% | $301K | $560K | 20x | as long as short |
| Gate XLE_USDTlong | 0.0000% | 8h | 62.700 | long leg | $64K | $12K | 20x | |
| MEXC XLE_USDT | 0.0000% | 8h | 62.720 | +0.032% | $220K | $85K | 20x | as long as short |
| Bitget XLEUSDT | 0.0000% | 8h | 62.740 | +0.064% | $95K | $87K | 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 XLE | 0.0000% | 8h | 62.743 | +0.069% | $44K | $15K | — | as long as short |
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.754 | +0.086% | $13K | $165K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.751 | +0.081% | $2K | $4.2M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.615 | −0.136% | $5K | $36K | 10x | as long as short |
| QFEX XLE-USD | +0.0033% | 1h | 62.710 | +0.016% | $1.2M | $4.0M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0104% | 1h | 62.659 | −0.065% | $2.4M | $3.8M | 20x | as long as short |
Gate XLE_USDT
BloFin XLE-USDT
edgeX XLEUSDC
KuCoin XLEUSDTM
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
MEXC XLE_USDT
Bitget XLEUSDT
Variational Omni XLE
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
tradeXYZ xyz:XLE