Funding arb · Price arb /

XLE

RWAall XLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h −0.064%

Price spread now: edgeX against BloFin+0.289%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.320%+$32 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.289% dearer against BloFin than usual: you sell high and buy low (spread +0.289% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. Mind the row above: over the last 7 days funding on this pair paid +0.320%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XLE-USDT	62.390	−0.0020	get 0.0020% / 8h	1h 05m	$57K	$9K	20x
Short	edgeX XLEUSDC	62.570	−0.0034	pay 0.0017% / 4h	1h 05m	$48K	$210K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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 BloFinbpFee edgeXbpOrdersPrice spread, now +0.289%Rate

Funding earned: −$2.91
Price spread: +0.289% → 0.000%: $28.85
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $4.94
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: BloFin: no order-book sample; edgeX: live order book, 11 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 BloFin no order-book sample	—	—	—	—	—
Sell edgeX live order book, 11 min ago	6.40 bp	13.4 bp −$13	doesn't fit	doesn't fit	doesn't fit

BloFin: 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 XLEUSDCshort	−0.0034%	4h	62.570	+0.289%	$48K	$210K	10x
BloFin XLE-USDTlong	−0.0020%	8h	62.390	long leg	$57K	$9K	20x
Aster XLEUSDT	0.0000%	8h	62.525	+0.216%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.530	+0.224%	$798K	$1.8M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.510	+0.192%	$328K	$269K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.460	+0.112%	$299K	$665K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.500	+0.176%	$61K	$21K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.510	+0.192%	$219K	$118K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.520	+0.208%	$94K	$157K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.572	+0.291%	$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	62.546	+0.250%	$1K	$6.7M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	62.634	+0.391%	$5K	$34K	10x	as long as short
QFEX XLE-USD	+0.0035%	1h	62.580	+0.305%	$1.3M	$5.5M	30x	as long as short
KuCoin XLEUSDTM	+0.0071%	8h	62.360	−0.048%	$769K	$621K	20x	as long as short
GRVT XLE_USDT_Perp	+0.0088%	8h	62.534	+0.231%	$14K	$191K	10x	as long as short
tradeXYZ xyz:XLE	+0.0175%	1h	62.484	+0.151%	$2.4M	$4.0M	20x	as long as short