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

XAN

all XAN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0758%/8h= −83.1% APRnext payment $3.79 per $10,000 · paid last 24h −0.154%
Price spread now: Variational Omni against Aster−0.083%7-day average · you buy dearer than you sell
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 3 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 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Variational Omni is 0.083% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XANUSDT0.012530.0858pay 0.0429% / 4h3h 20m$45K$9K5x
ShortVariational Omni XAN0.012520.0100get 0.0050% / 4h3h 20m$7K$2K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
−$159.28
Price spread: −0.083% → 0.000%
−$8.33
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$175.61
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Variational Omni: 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 Aster no order-book sample
Sell Variational Omni no order-book sample
Aster and Variational Omni: 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.

XAN on 9 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
Bybit XANUSDT+0.0100%4h0.01252−0.095%$1.0M$208K13xas long as short
Gate XAN_USDT+0.0100%4h0.01254+0.025%$247K$41K20xas long as short
KuCoin XANUSDTM+0.0100%4h0.01254+0.073%$622K$1.7M50xas long as short
Bitget XANUSDT+0.0100%4h0.01253−0.055%$414K$148K50xas long as short
Variational Omni XANshort+0.0100%4h0.01252−0.083%$7K$2K
BingX XAN-USDT+0.0694%4h0.01253−0.007%$1.3Mas long as short
Binance XANUSDT+0.0721%4h0.01253−0.003%$2.1M$1.4M50xas long as short
MEXC XAN_USDT+0.0728%4h0.01253−0.007%$9.0M$109K50xas long as short
Aster XANUSDTlong+0.0858%4h0.01253long leg$45K$9K5x