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

XLE

RWAall XLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0158%/8h= +17.3% APRnext payment +$1.58 per $10,000 · paid last 24h −0.030%
Price spread now: Aster against KuCoin+0.237%7-day average · you sell dearer than you buy
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 5 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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.237% dearer against KuCoin than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XLEUSDTM62.350−0.0158get 0.0158% / 8h13m 40s$775K$600K20x
ShortAster XLEUSDT62.4980get 0.0000% / 8h13m 40s$4K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
$33.18
Price spread: +0.237% → 0.000%
$23.73
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$36.91
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 50 min ago; Aster: 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 KuCoin live order book, 50 min ago5.61 bp240.0 bp −$240doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XLEUSDC−0.0711%4h62.526+0.283%$48K$211K10xas long as short
KuCoin XLEUSDTMlong−0.0158%8h62.350long leg$775K$600K20x
Aster XLEUSDTshort0.0000%8h62.498+0.237%$4K$9K20x
Binance XLEUSDT0.0000%8h62.520+0.273%$798K$1.5M20xas long as short
Bybit XLEUSDT0.0000%8h62.480+0.209%$325K$249K25xas long as short
OKX XLE-USDT-SWAP0.0000%8h62.430+0.128%$298K$616K20xas long as short
Gate XLE_USDT0.0000%8h62.510+0.257%$61K$15K20xas long as short
MEXC XLE_USDT0.0000%8h62.490+0.225%$219K$112K20xas long as short
Bitget XLEUSDT0.0000%8h62.490+0.225%$94K$152K20xas long as short
Variational Omni XLE0.0000%8h62.531+0.290%$44K$15Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XLE-USDT0.0000%8h62.535+0.297%$1K$6.0M10xas long as short
HTX XLE-USDT0.0000%8h62.282−0.109%$5K$34K10xas long as short
BloFin XLE-USDT+0.0012%8h62.440+0.144%$57K$9K20xas long as short
GRVT XLE_USDT_Perp+0.0043%8h62.504+0.247%$13K$182K10xas long as short
QFEX XLE-USD+0.0047%1h62.550+0.321%$1.3M$5.8M30xas long as short
tradeXYZ xyz:XLE+0.0165%1h62.491+0.226%$2.4M$3.9M20xas long as short