Funding arb · Price arb /

XLE

RWAall XLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h +0.060%

Price spread now: GRVT against edgeX+0.025%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$770.771% of the position

Long on edgeX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.235%−$24 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.025%, 7d avg +0.029%

Together, before fees−0.263%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.235%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XLEUSDC	61.810	−0.0075	get 0.0037% / 4h	47m 54s	$47K	$208K	10x
Short	GRVT XLE_USDT_Perp	61.826	0	get 0.0000% / 8h	4h 47m	$13K	$142K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.025%Rate

Funding earned: $15.73
Price spread: +0.025% → +0.029%: −$0.41
Slippage, 4 orders: −$59.06
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$61.74
Costs to cover: 0.771%
Break-even: 34.5 days

Slippage from edgeX: live order book, 57 min ago; GRVT: live order book, 56 min ago.

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, 57 min ago	7.27 bp	14.0 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 56 min ago	4.84 bp	36.6 bp −$37	58.7 bp −$587	doesn't fit	doesn't fit

XLE on 16 exchanges

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	−0.0135%	8h	61.870	+0.097%	$1.0M	$962K	20x	as long as short
edgeX XLEUSDClong	−0.0075%	4h	61.810	long leg	$47K	$208K	10x
Aster XLEUSDT	0.0000%	8h	61.901	+0.148%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	61.903	+0.151%	$774K	$1.0M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	61.820	+0.016%	$303K	$221K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	61.850	+0.065%	$293K	$476K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	61.810	0.000%	$64K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	61.890	+0.129%	$221K	$84K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	61.890	+0.129%	$98K	$71K	20x	as long as short
Variational Omni XLE	0.0000%	8h	61.809	−0.002%	$44K	$10K	—	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XLE_USDT_Perpshort	0.0000%	8h	61.826	+0.025%	$13K	$142K	10x
SunX XLE-USDT	0.0000%	8h	61.921	+0.180%	$2K	$3.0M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	61.795	−0.024%	$5K	$35K	10x	as long as short
BloFin XLE-USDT	+0.0026%	8h	61.780	−0.048%	$59K	$10K	20x	as long as short
tradeXYZ xyz:XLE	+0.0046%	1h	61.785	−0.040%	$2.3M	$4.1M	20x	as long as short
QFEX XLE-USD	+0.0057%	1h	61.870	+0.097%	$1.2M	$4.3M	30x	as long as short