Funding arb · Price arb /

XLE

RWAall XLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0985%/8h= +107.8% APRpaid last 24h −0.061%

Price spread now: edgeX against HTX+0.154%7-day average — · you sell dearer than you buy

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

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and edgeX is 0.154% dearer against HTX than usual: you sell high and buy low: +$15 more if the spread 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	HTX XLE-USDT	62.661	0	get 0.0000% / 8h	1h 40m	$5K	$35K	10x
Short	edgeX XLEUSDC	62.757	0.0985	get 0.0492% / 4h	1h 40m	$48K	$210K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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 HTXbpFee edgeXbpOrdersPrice spread, now +0.154%Rate

Funding earned: $206.82
Price spread: +0.154% → 0.000%: $15.38
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $201.2
Costs to cover: 0.210%
Break-even: 0.2 days

Slippage unknown: HTX: no order-book sample; edgeX: live order book, 1 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 HTX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 1 min ago	7.97 bp	14.8 bp −$15	doesn't fit	doesn't fit	doesn't fit

HTX: 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	−0.0232%	8h	62.700	+0.062%	$807K	$690K	20x	as long as short
Aster XLEUSDT	0.0000%	8h	62.743	+0.131%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.768	+0.170%	$795K	$1.0M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.730	+0.110%	$323K	$201K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.720	+0.094%	$302K	$570K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.700	+0.062%	$64K	$12K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.730	+0.110%	$220K	$86K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.760	+0.158%	$95K	$87K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.764	+0.164%	$44K	$15K	—	as long as short
GRVT XLE_USDT_Perp	0.0000%	8h	62.717	+0.090%	$13K	$170K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX XLE-USDT	0.0000%	8h	62.771	+0.176%	$1K	$4.4M	10x	as long as short
HTX XLE-USDTlong	0.0000%	8h	62.661	long leg	$5K	$35K	10x
BloFin XLE-USDT	+0.0015%	8h	62.740	+0.126%	$58K	$9K	20x	as long as short
QFEX XLE-USD	+0.0031%	1h	62.740	+0.126%	$1.2M	$4.1M	30x	as long as short
tradeXYZ xyz:XLE	+0.0050%	1h	62.684	+0.037%	$2.4M	$3.8M	20x	as long as short
edgeX XLEUSDCshort	+0.0985%	4h	62.757	+0.154%	$48K	$210K	10x