Funding arb · Price arb /

XLE

RWAall XLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0057%/8h= +6.3% APRpaid last 24h +0.006%

Price spread now: QFEX against Aster+0.011%7-day average — · you sell dearer than you buy

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

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · 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: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XLEUSDT	62.493	0	get 0.0000% / 8h	5h 03m	$4K	$9K	20x
Short	QFEX XLE-USD	62.500	0.0057	get 0.0007% / 1h	3m 05s	$1.2M	$4.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee AsterbpFee QFEXbpOrdersPrice spread, now +0.011%Rate

Funding earned: $12
Price spread: +0.011% → 0.000%: $1.07
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$4.93
Costs to cover: 0.180%
Break-even: 9.9 days

Slippage unknown: Aster: no order-book sample; QFEX: live order book, 6 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 Aster no order-book sample	—	—	—	—	—
Sell QFEX live order book, 6 min ago	29.61 bp	62.2 bp −$62	doesn't fit	doesn't fit	doesn't fit

Aster: 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	−0.0271%	8h	62.440	−0.085%	$794K	$646K	20x	as long as short
BloFin XLE-USDT	−0.0014%	8h	62.400	−0.149%	$14K	$9K	20x	as long as short
Aster XLEUSDTlong	0.0000%	8h	62.493	long leg	$4K	$9K	20x
Binance XLEUSDT	0.0000%	8h	62.512	+0.030%	$795K	$1.0M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.500	+0.011%	$322K	$204K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.490	−0.005%	$299K	$558K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.480	−0.021%	$61K	$11K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.510	+0.027%	$219K	$88K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.510	+0.027%	$96K	$81K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.493	−0.001%	$44K	$14K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XLE_USDT_Perp	0.0000%	8h	62.482	−0.018%	$14K	$175K	10x	as long as short
SunX XLE-USDT	0.0000%	8h	62.510	+0.027%	$2K	$4.7M	10x	as long as short
HTX XLE-USDT	0.0000%	8h	62.475	−0.029%	$5K	$34K	10x	as long as short
tradeXYZ xyz:XLE	+0.0050%	1h	62.478	−0.024%	$2.4M	$3.8M	20x	as long as short
QFEX XLE-USDshort	+0.0057%	1h	62.500	+0.011%	$1.2M	$4.9M	30x
edgeX XLEUSDC	+0.0646%	4h	62.501	+0.012%	$48K	$210K	10x	as long as short