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

XAN

all XAN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against Bitget+0.008%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$483as in the Funding arb table
Net, price: spread back to 7d avg − costs−$498as in the Price arb table
costs, in and out, $10k−$4984.976% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.142%+$14 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.008%, 7d avg +0.011%
Together, before fees+0.169%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XANUSDT0.012540.0100pay 0.0050% / 4h1h 08m$417K$128K50x
ShortGate XAN_USDT0.012540.0124get 0.0062% / 4h1h 08m$249K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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
$5.04
Price spread: +0.008% → +0.011%
−$0.34
Slippage, 4 orders
−$470.61
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$492.91
Costs to cover
4.976%
Break-even
691.6 days
Slippage from Bitget: live order book, 27 min ago; Gate: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 27 min ago8.05 bp41.7 bp −$42404.0 bp −$4,040doesn't fitdoesn't fit
Sell Gate live order book, 28 min ago8.06 bp265.3 bp −$265doesn't fitdoesn't fitdoesn't fit

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%4h0.01254−0.056%$1.0M$214K13xas long as short
KuCoin XANUSDTM+0.0100%4h0.01256+0.151%$619K$1.8M50xas long as short
Bitget XANUSDTlong+0.0100%4h0.01254long leg$417K$128K50x
Variational Omni XAN+0.0100%4h0.01253−0.118%$8K$2Kas long as short
Gate XAN_USDTshort+0.0124%4h0.01254+0.008%$249K$33K20x
BingX XAN-USDT+0.0588%4h0.01255+0.032%$1.3Mas long as short
MEXC XAN_USDT+0.0646%4h0.01255+0.072%$9.1M$119K50xas long as short
Binance XANUSDT+0.0651%4h0.01255+0.077%$2.1M$1.3M50xas long as short
Aster XANUSDT+0.0807%4h0.01253−0.104%$45K$9K5xas long as short