Funding arb · Price arb /

XLE

RWAall XLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0165%/8h= +18.1% APRpaid last 24h −0.026%

Price spread now: tradeXYZ against Aster−0.003%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on tradeXYZ

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XLEUSDT	62.493	0	get 0.0000% / 8h	14m 39s	$4K	$9K	20x
Short	tradeXYZ xyz:XLE	62.491	0.0165	get 0.0021% / 1h	14m 39s	$2.4M	$3.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee AsterbpFee tradeXYZbpOrdersPrice spread, now −0.003%Rate

Funding earned: $34.62
Price spread: −0.003% → 0.000%: −$0.34
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $8.28
Costs to cover: 0.260%
Break-even: 5.3 days

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 4 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 4 min ago	3.84 bp	14.3 bp −$14	23.2 bp −$232	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX XLEUSDC	−0.0711%	4h	62.526	+0.053%	$48K	$211K	10x	as long as short
KuCoin XLEUSDTM	−0.0158%	8h	62.340	−0.245%	$775K	$600K	20x	as long as short
Aster XLEUSDTlong	0.0000%	8h	62.493	long leg	$4K	$9K	20x
Binance XLEUSDT	0.0000%	8h	62.520	+0.043%	$798K	$1.5M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.490	−0.005%	$325K	$249K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.430	−0.101%	$298K	$620K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.510	+0.027%	$61K	$15K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.510	+0.027%	$219K	$112K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.480	−0.021%	$94K	$153K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.531	+0.060%	$44K	$15K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX XLE-USDT	0.0000%	8h	62.535	+0.067%	$2K	$6.1M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	62.519	+0.041%	$5K	$34K	10x	as long as short
BloFin XLE-USDT	+0.0012%	8h	62.440	−0.085%	$57K	$9K	20x	as long as short
GRVT XLE_USDT_Perp	+0.0043%	8h	62.504	+0.018%	$13K	$182K	10x	as long as short
QFEX XLE-USD	+0.0047%	1h	62.500	+0.011%	$1.3M	$5.8M	30x	as long as short
tradeXYZ xyz:XLEshort	+0.0165%	1h	62.491	−0.003%	$2.4M	$3.9M	20x