Settings8H · net · $10k
Funding arb · Price arb /

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.14 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Aster−0.057%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.057% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XLEUSDT62.5060get 0.0000% / 8h3h 44m$4K$9K20x
ShortBloFin XLE-USDT62.470−0.0014pay 0.0014% / 8h3h 44m$58K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$2.95
Price spread: −0.057% → 0.000%
−$5.69
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$28.64
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell BloFin no order-book sample
Aster and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XLEUSDC−0.0523%4h62.541+0.056%$48K$210K10xas long as short
KuCoin XLEUSDTM−0.0284%8h62.370−0.217%$795K$645K20xas long as short
BloFin XLE-USDTshort−0.0014%8h62.470−0.057%$58K$9K20x
Aster XLEUSDTlong0.0000%8h62.506long leg$4K$9K20x
Binance XLEUSDT0.0000%8h62.520+0.023%$792K$1.0M20xas long as short
Bybit XLEUSDT0.0000%8h62.530+0.039%$323K$201K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.530+0.039%$300K$559K20xas long as short
Gate XLE_USDT0.0000%8h62.510+0.007%$64K$12K20xas long as short
MEXC XLE_USDT0.0000%8h62.520+0.023%$219K$86K20xas long as short
Bitget XLEUSDT0.0000%8h62.500−0.009%$95K$81K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XLE0.0000%8h62.534+0.046%$44K$14Kas long as short
GRVT XLE_USDT_Perp0.0000%8h62.500−0.009%$13K$174K10xas long as short
SunX XLE-USDT0.0000%8h62.537+0.050%$1K$4.6M10xas long as short
HTX XLE-USDT0.0000%8h62.620+0.183%$5K$34K10xas long as short
QFEX XLE-USD+0.0026%1h62.500−0.009%$1.2M$4.4M30xas long as short
tradeXYZ xyz:XLE+0.0422%1h62.477−0.046%$2.4M$3.8M20xas long as short