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

XLE

RWAall XLE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.043%
Price spread now: GRVT against Aster+0.093%70s7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 0.093% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XLEUSDT62.4620get 0.0000% / 8h7h 58m$4K$9K20x
ShortGRVT XLE_USDT_Perp62.5200.0059get 0.0059% / 8h7h 58m$14K$180K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Aster. 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
$12.39
Price spread: +0.093% → 0.000%
$9.3
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$4.69
Costs to cover
0.170%
Break-even
4.4 days
Slippage unknown: Aster: no order-book sample; GRVT: live order book, 14 min ago. 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 Aster no order-book sample
Sell GRVT live order book, 14 min ago807.87 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Aster: 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
KuCoin XLEUSDTM−0.0177%8h62.360−0.163%$780K$606K20xas long as short
BloFin XLE-USDT−0.0014%8h62.410−0.083%$57K$9K20xas long as short
Aster XLEUSDTlong0.0000%8h62.462long leg$4K$9K20x
Binance XLEUSDT0.0000%8h62.588+0.201%$799K$1.4M20xas long as short
Bybit XLEUSDT0.0000%8h62.480+0.029%$325K$220K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.470+0.013%$297K$582K20xas long as short
Gate XLE_USDT0.0000%8h62.510+0.077%$61K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.560+0.157%$219K$100K20xas long as short
Bitget XLEUSDT0.0000%8h62.490+0.045%$94K$104K20xas long as short
Variational Omni XLE0.0000%8h62.532+0.111%$44K$15Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XLE-USDT0.0000%8h62.536+0.118%$1K$5.8M10xas long as short
HTX XLE-USDT0.0000%8h62.489+0.043%$5K$34K10xas long as short
QFEX XLE-USD+0.0043%1h62.530+0.109%$1.2M$5.9M30xas long as short
GRVT XLE_USDT_Perpshort+0.0059%8h62.520+0.093%$14K$180K10x
tradeXYZ xyz:XLE+0.0298%1h62.481+0.030%$2.4M$3.9M20xas long as short
edgeX XLEUSDC+0.0579%4h62.531+0.110%$48K$211K10xas long as short