Funding arb · Price arb /

XLE

RWAall XLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0878%/8h= +96.1% APRpaid last 24h −0.064%

Price spread now: edgeX against Variational Omni−0.005%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · edgeX: 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: +$26 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XLE	62.619	0	get 0.0000% / 8h	2h 09m	$44K	$15K	—
Short	edgeX XLEUSDC	62.616	0.0878	get 0.0439% / 4h	2h 09m	$48K	$210K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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 Variational OmnibpFee edgeXbpOrdersPrice spread, now −0.005%Rate

Funding earned: $184.33
Price spread: −0.005% → 0.000%: −$0.46
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $174.87
Costs to cover: 0.090%
Break-even: 0.4 days

Slippage unknown: Variational Omni: no order-book sample; edgeX: live order book, 12 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 Variational Omni no order-book sample	—	—	—	—	—
Sell edgeX live order book, 12 min ago	9.58 bp	16.3 bp −$16	doesn't fit	doesn't fit	doesn't fit

Variational Omni: 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
BloFin XLE-USDT	−0.0003%	8h	62.570	−0.078%	$57K	$9K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.609	−0.016%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.628	+0.014%	$801K	$1.9M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.600	−0.030%	$332K	$280K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.560	−0.094%	$298K	$691K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.570	−0.078%	$61K	$24K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.640	+0.033%	$219K	$117K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.630	+0.017%	$100K	$166K	20x	as long as short
Variational Omni XLElong	0.0000%	8h	62.619	long leg	$44K	$15K	—
SunX XLE-USDT	0.0000%	8h	62.617	−0.003%	$1K	$7.1M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX XLE-USDT	0.0000%	8h	62.597	−0.035%	$5K	$34K	10x	as long as short
QFEX XLE-USD	+0.0038%	1h	62.630	+0.017%	$1.3M	$5.0M	30x	as long as short
tradeXYZ xyz:XLE	+0.0074%	1h	62.597	−0.035%	$2.4M	$4.0M	20x	as long as short
KuCoin XLEUSDTM	+0.0100%	8h	62.520	−0.158%	$769K	$580K	20x	as long as short
GRVT XLE_USDT_Perp	+0.0217%	8h	62.649	+0.049%	$13K	$196K	10x	as long as short
edgeX XLEUSDCshort	+0.0878%	4h	62.616	−0.005%	$48K	$210K	10x