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−0.0182%/8h= −19.9% APRnext payment $1.82 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against Aster−0.242%7-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 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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.242% cheaper against Aster than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XLEUSDT62.5720get 0.0000% / 8h6h 42m$4K$9K20x
ShortKuCoin XLEUSDTM62.420−0.0182pay 0.0182% / 8h6h 42m$787K$650K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$38.22
Price spread: −0.242% → 0.000%
−$24.25
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$82.47
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 72 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 KuCoin live order book, 72 min ago11.23 bp133.7 bp −$134doesn'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
edgeX XLEUSDC−0.0984%4h62.594+0.036%$48K$210K10xas long as short
KuCoin XLEUSDTMshort−0.0182%8h62.420−0.242%$787K$650K20x
BloFin XLE-USDT−0.0018%8h62.510−0.099%$58K$9K20xas long as short
Aster XLEUSDTlong0.0000%8h62.572long leg$4K$9K20x
Binance XLEUSDT0.0000%8h62.560−0.019%$798K$1.1M20xas long as short
Bybit XLEUSDT0.0000%8h62.540−0.051%$323K$208K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.460−0.179%$299K$563K20xas long as short
Gate XLE_USDT0.0000%8h62.560−0.019%$61K$11K20xas long as short
MEXC XLE_USDT0.0000%8h62.560−0.019%$219K$86K20xas long as short
Bitget XLEUSDT0.0000%8h62.550−0.035%$95K$91K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLE0.0000%8h62.580+0.014%$44K$15Kas long as short
SunX XLE-USDT0.0000%8h62.586+0.023%$2K$5.0M10xas long as short
HTX XLE-USDT0.0000%8h62.542−0.048%$5K$34K10xas long as short
QFEX XLE-USD+0.0047%1h62.560−0.019%$1.2M$6.0M30xas long as short
tradeXYZ xyz:XLE+0.0117%1h62.548−0.038%$2.4M$3.9M20xas long as short
GRVT XLE_USDT_Perp+0.0136%8h62.580+0.013%$13K$175K10xas long as short