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

XCN

all XCN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.168%
Price spread now: Kraken Futures against Aster−0.159%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 4 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
Funding pays, the price is against you. Kraken Futures is 0.159% cheaper against Aster than usual: you would sell low and buy high (spread −0.159% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 10 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XCNUSDT0.0043830.0100pay 0.0013% / 1h20m 36s$9K$3K3x
ShortKraken Futures PF_XCNUSD0.0043770.0152get 0.0019% / 1h20m 36s$2K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$10.94
Price spread: −0.159% → 0.000%
−$15.85
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$22.91
Costs to cover
0.180%
Break-even
21.7 days
Slippage unknown: Aster: no order-book sample; Kraken Futures: 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 Kraken Futures no order-book sample
Aster and Kraken Futures: 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.

XCN on 7 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
Aster XCNUSDTlong+0.0100%1h0.004383long leg$9K$3K3x
Bybit XCNUSDT+0.0100%4h0.004385+0.024%$1.0M$1.5M5xas long as short
Gate XCN_USDT+0.0100%4h0.004372−0.261%$346K$91K10xas long as short
MEXC XCN_USDT+0.0100%4h0.004371−0.284%$2.3M$164K20xas long as short
BingX XCN-USDT+0.0100%4h0.004385+0.035%$1.6Mas long as short
Variational Omni XCN+0.0100%4h0.004381−0.062%$10K$511as long as short
Kraken Futures PF_XCNUSDshort+0.0152%1h0.004377−0.159%$2K$2K10x