Funding arb · Price arb /

XLE

RWAall XLE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0270%/8h= +29.6% APRpaid last 24h +0.033%

Price spread now: SunX against edgeX+0.003%74s7-day average +0.007% · you sell dearer than you buy

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

Long on edgeX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.237%−$24 on $10k

Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.003%, 7d avg +0.007%

Together, before fees−0.227%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.237%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XLEUSDC	62.440	−0.0270	get 0.0135% / 4h	1h 48m	$48K	$209K	10x
Short	SunX XLE-USDT	62.442	0	get 0.0000% / 8h	5h 48m	$2K	$4.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against edgeX. 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 edgeXbpFee SunXbpOrdersPrice spread, now +0.003%Rate

Funding earned: $56.76
Price spread: +0.003% → +0.007%: −$0.47
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: $39.29
Costs to cover: 0.170%
Break-even: 2.2 days

Slippage unknown: edgeX: live order book, 13 min ago; SunX: live order book, 10 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 edgeX live order book, 13 min ago	8.80 bp	17.3 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	47.71 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

XLE on 15 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	−0.0285%	8h	62.300	−0.225%	$793K	$649K	20x	as long as short
edgeX XLEUSDClong	−0.0270%	4h	62.440	long leg	$48K	$209K	10x
Aster XLEUSDT	0.0000%	8h	62.430	−0.016%	$4K	$9K	20x	as long as short
Binance XLEUSDT	0.0000%	8h	62.452	+0.018%	$796K	$1.1M	20x	as long as short
Bybit XLEUSDT	0.0000%	8h	62.430	−0.017%	$322K	$207K	25x	as long as short
OKX XLE-USDT-SWAP	0.0000%	8h	62.420	−0.033%	$299K	$560K	20x	as long as short
Gate XLE_USDT	0.0000%	8h	62.440	−0.001%	$61K	$11K	20x	as long as short
MEXC XLE_USDT	0.0000%	8h	62.440	−0.001%	$219K	$86K	20x	as long as short
Bitget XLEUSDT	0.0000%	8h	62.470	+0.047%	$95K	$85K	20x	as long as short
Variational Omni XLE	0.0000%	8h	62.443	+0.004%	$44K	$14K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XLE_USDT_Perp	0.0000%	8h	62.470	+0.047%	$13K	$175K	10x	as long as short
SunX XLE-USDTshort	0.0000%	8h	62.442	+0.003%	$2K	$4.8M	10x
HTX XLE-USDT	0.0000%	8h	62.362	−0.125%	$5K	$34K	10x	as long as short
tradeXYZ xyz:XLE	+0.0050%	1h	62.421	−0.031%	$2.4M	$3.8M	20x	as long as short
QFEX XLE-USD	+0.0057%	1h	62.460	+0.031%	$1.2M	$5.9M	30x	as long as short