Funding arb · Price arb /

XLE

RWAall XLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0290%/8h= −31.7% APRpaid last 24h +0.060%

Price spread now: BloFin against edgeX+0.056%7-day average — · you sell dearer than you buy

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

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.205%−$20 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. BloFin is 0.056% dearer against edgeX than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.205% in total) that is about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XLEUSDC	62.475	0.0297	pay 0.0149% / 4h	3h 48m	$48K	$209K	10x
Short	BloFin XLE-USDT	62.510	0.0008	get 0.0008% / 8h	3h 48m	$58K	$9K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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 edgeXbpFee BloFinbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$60.85
Price spread: +0.056% → 0.000%: $5.65
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$76.2
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 4 min ago; BloFin: 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 edgeX live order book, 4 min ago	9.60 bp	17.6 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

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
KuCoin XLEUSDTM	−0.0294%	8h	62.420	−0.088%	$797K	$646K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.520	+0.073%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.541	+0.106%	$792K	$1.0M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.530	+0.089%	$323K	$201K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.530	+0.089%	$300K	$559K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.500	+0.040%	$64K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.530	+0.089%	$219K	$86K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.510	+0.056%	$95K	$81K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.494	+0.031%	$44K	$14K	—	as long as short
GRVT XLE_USDT_Perp	0.0000%	8h	62.500	+0.040%	$13K	$174K	10x	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	62.517	+0.068%	$1K	$4.6M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	62.454	−0.033%	$5K	$34K	10x	as long as short
BloFin XLE-USDTshort	+0.0008%	8h	62.510	+0.056%	$58K	$9K	20x
QFEX XLE-USD	+0.0026%	1h	62.500	+0.040%	$1.2M	$4.4M	30x	as long as short
edgeX XLEUSDClong	+0.0297%	4h	62.475	long leg	$48K	$209K	10x
tradeXYZ xyz:XLE	+0.0482%	1h	62.456	−0.030%	$2.4M	$3.8M	20x	as long as short