Settings8H · net · $10k
Funding arb · Price arb /

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XLE_USDT62.7000get 0.0000% / 8h55m 34s$64K$12K20x
ShortBloFin XLE-USDT62.680−0.0028pay 0.0028% / 8h55m 34s$58K$9K20x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XLEUSDC−0.0563%4h62.742+0.067%$48K$208K10xas long as short
KuCoin XLEUSDTM−0.0247%8h62.570−0.207%$808K$692K20xas long as short
BloFin XLE-USDTshort−0.0028%8h62.680−0.032%$58K$9K20x
Aster XLEUSDT0.0000%8h62.760+0.096%$4K$9K20xas long as short
Binance XLEUSDT0.0000%8h62.740+0.064%$794K$980K20xas long as short
Bybit XLEUSDT0.0000%8h62.7000.000%$323K$201K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.710+0.016%$301K$560K20xas long as short
Gate XLE_USDTlong0.0000%8h62.700long leg$64K$12K20x
MEXC XLE_USDT0.0000%8h62.720+0.032%$220K$85K20xas long as short
Bitget XLEUSDT0.0000%8h62.740+0.064%$95K$87K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLE0.0000%8h62.743+0.069%$44K$15Kas long as short
GRVT XLE_USDT_Perp0.0000%8h62.754+0.086%$13K$165K10xas long as short
SunX XLE-USDT0.0000%8h62.751+0.081%$2K$4.2M10xas long as short
HTX XLE-USDT0.0000%8h62.615−0.136%$5K$36K10xas long as short
QFEX XLE-USD+0.0033%1h62.710+0.016%$1.2M$4.0M30xas long as short
tradeXYZ xyz:XLE+0.0104%1h62.659−0.065%$2.4M$3.8M20xas long as short