XLE

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.096%

7d average—if it closes, per $10,000$10funding while held, a day+$1.30

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XLE_USDT	62.570	0	get 0.0000% / 8h	7h 38m	$66K	$20K	20x
Short	QFEX XLE-USD	62.630	0.0043	get 0.0005% / 1h	38m 14s	$1.3M	$3.8M	30x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee GatebpFee QFEXbpOrdersClose when spread is

Spread captured: $9.59
Funding while held: $1.3
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$14.11
Spread needed to break even: 0.250%

Slippage unknown: Gate: no order-book sample; QFEX: live order book, 7 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0043%
Per $10,000 a day: +$1.30
Average in range /8h: —

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 QFEX live order book, 7 min ago	1.60 bp	10.1 bp −$10	18.2 bp −$182	doesn't fit	doesn't fit

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 price on every exchange

against the cheapest. Click to use as the short leg.

HTX62.488cheapest KuCoin62.490+0.003%OKX62.560+0.115%tradeXYZ62.567+0.126%Bybit62.570+0.131%

Gate62.570+0.131%

Bitget62.580+0.147%BloFin62.590+0.163%Aster62.600+0.178%Binance62.600+0.179%MEXC62.600+0.179%SunX62.614+0.202%

QFEX62.630+0.227%

edgeX62.654+0.266%Variational Omni62.669+0.290%

XLE on 15 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
HTX XLE-USDT	−0.131%	0.0000%	8h	$5K	$37K	10x	as long as short
KuCoin XLEUSDTM	−0.128%	+0.0100%	8h	$745K	$481K	20x	as long as short
OKX XLE-USDT-SWAP	−0.016%	0.0000%	8h	$277K	$580K	20x	as long as short
tradeXYZ xyz:XLE	−0.005%	+0.0115%	1h	$2.3M	$3.7M	20x	as long as short
Bybit XLEUSDT	0.000%	0.0000%	8h	$354K	$264K	25x	as long as short
Gate XLE_USDTlong	0.000%	0.0000%	8h	$66K	$20K	20x
Bitget XLEUSDT	+0.016%	0.0000%	8h	$108K	$150K	20x	as long as short
BloFin XLE-USDT	+0.032%	+0.0002%	8h	$61K	$9K	20x	as long as short
Aster XLEUSDT	+0.047%	0.0000%	8h	$4K	$603	20x	as long as short
Binance XLEUSDT	+0.048%	0.0000%	8h	$862K	$1.6M	20x	as long as short

Show all 15 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC XLE_USDT	+0.048%	0.0000%	8h	$220K	$118K	20x	as long as short
SunX XLE-USDT	+0.070%	0.0000%	8h	$1K	$6.9M	10x	as long as short
QFEX XLE-USDshort	+0.096%	+0.0043%	1h	$1.3M	$3.8M	30x
edgeX XLEUSDC	+0.135%	+0.0963%	4h	$48K	$212K	10x	as long as short
Variational Omni XLE	+0.158%	0.0000%	8h	$44K	$20K	—	as long as short