Funding arb · Price arb /

XLE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Aster−0.024%7-day average — · you buy dearer than you sell

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

Long on Aster Short on SunX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.024% cheaper against Aster than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XLEUSDT	62.772	0	get 0.0000% / 8h	8m 54s	$4K	$9K	20x
Short	SunX XLE-USDT	62.757	0	get 0.0000% / 8h	8m 54s	$1K	$3.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.024%Rate

Funding earned: $0
Price spread: −0.024% → 0.000%: −$2.36
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$18.36
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; SunX: live order book, 9 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 SunX live order book, 9 min ago	46.19 bp	doesn't fit	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	−0.0311%	8h	62.580	−0.306%	$829K	$783K	20x	as long as short
BloFin XLE-USDT	−0.0017%	8h	62.720	−0.083%	$58K	$9K	20x	as long as short
Aster XLEUSDTlong	0.0000%	8h	62.772	long leg	$4K	$9K	20x
Binance XLEUSDT	0.0000%	8h	62.750	−0.035%	$790K	$983K	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.760	−0.019%	$321K	$204K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.650	−0.194%	$301K	$523K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.700	−0.114%	$64K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.740	−0.051%	$220K	$87K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.740	−0.051%	$95K	$80K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.752	−0.031%	$44K	$15K	—	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	62.780	+0.013%	$13K	$160K	10x	as long as short
SunX XLE-USDTshort	0.0000%	8h	62.757	−0.024%	$1K	$3.8M	10x
HTX XLE-USDT	0.0000%	8h	62.633	−0.221%	$5K	$35K	10x	as long as short
QFEX XLE-USD	+0.0033%	1h	62.660	−0.178%	$1.2M	$4.0M	30x	as long as short
tradeXYZ xyz:XLE	+0.0050%	1h	62.650	−0.194%	$2.3M	$3.8M	20x	as long as short
edgeX XLEUSDC	+0.0769%	4h	62.752	−0.031%	$48K	$208K	10x	as long as short