Funding you earn now, next payment 08:00 UTC+0.0262%/8h= +28.7% APRnext payment +$2.62 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against KuCoin+0.272%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.272% dearer against KuCoin than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.62 per $10,000. 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 | KuCoin XLEUSDTM | 62.590 | −0.0262 | get 0.0262% / 8h | 48m 26s | $809K | $697K | 20x |
| Short | Bitget XLEUSDT | 62.760 | 0 | get 0.0000% / 8h | 48m 26s | $95K | $87K | 20x |
KuCoin XLEUSDTM
Bitget XLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $55.02
- Price spread: +0.272% → 0.000%
- $27.16
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $58.18
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 26 min ago; Bitget: 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 KuCoin live order book, 26 min ago | 4.80 bp | 285.7 bp −$286 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget no order-book sample | — | — | — | — | — |
Bitget: 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 XLEUSDTMlong | −0.0262% | 8h | 62.590 | long leg | $809K | $697K | 20x | |
| BloFin XLE-USDT | −0.0014% | 8h | 62.740 | +0.240% | $58K | $9K | 20x | as long as short |
| Aster XLEUSDT | 0.0000% | 8h | 62.746 | +0.250% | $4K | $9K | 20x | as long as short |
| Binance XLEUSDT | 0.0000% | 8h | 62.780 | +0.304% | $794K | $973K | 20x | as long as short |
| Bybit XLEUSDT | 0.0000% | 8h | 62.740 | +0.240% | $323K | $201K | 25x | as long as short |
| OKX XLE-USDT-SWAP | 0.0000% | 8h | 62.770 | +0.288% | $302K | $559K | 20x | as long as short |
| Gate XLE_USDT | 0.0000% | 8h | 62.700 | +0.176% | $64K | $12K | 20x | as long as short |
| MEXC XLE_USDT | 0.0000% | 8h | 62.750 | +0.256% | $220K | $85K | 20x | as long as short |
| Bitget XLEUSDTshort | 0.0000% | 8h | 62.760 | +0.272% | $95K | $87K | 20x | |
| Variational Omni XLE | 0.0000% | 8h | 62.788 | +0.316% | $44K | $15K | — | as long as short |
BloFin XLE-USDT
Aster XLEUSDT
Binance XLEUSDT
Bybit XLEUSDT
OKX XLE-USDT-SWAP
Gate XLE_USDT
MEXC XLE_USDT
Variational Omni XLEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XLE_USDT_Perp | 0.0000% | 8h | 62.770 | +0.288% | $13K | $165K | 10x | as long as short |
| SunX XLE-USDT | 0.0000% | 8h | 62.790 | +0.320% | $2K | $4.1M | 10x | as long as short |
| HTX XLE-USDT | 0.0000% | 8h | 62.697 | +0.171% | $5K | $36K | 10x | as long as short |
| QFEX XLE-USD | +0.0033% | 1h | 62.680 | +0.144% | $1.2M | $4.0M | 30x | as long as short |
| tradeXYZ xyz:XLE | +0.0076% | 1h | 62.708 | +0.189% | $2.4M | $3.8M | 20x | as long as short |
| edgeX XLEUSDC | +0.0310% | 4h | 62.776 | +0.297% | $48K | $209K | 10x | as long as short |
GRVT XLE_USDT_Perp
SunX XLE-USDT
HTX XLE-USDT
QFEX XLE-USD
tradeXYZ xyz:XLE
edgeX XLEUSDC