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

XCN

all XCN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Gate against BingX−0.046%7-day average −0.093% · 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 7 days+0.421%+$42 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.046%, 7d avg −0.093%
Together, before fees+0.410%+$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.047% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XCN-USDT0.0043910.0100pay 0.0050% / 4h1h 03m$1.6M
ShortGate XCN_USDT0.0043890.0100get 0.0050% / 4h1h 03m$347K$91K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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
$0
Price spread: −0.046% → −0.093%
$4.7
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$20.3
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 12 min ago; Gate: live order book, 36 min ago. 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 BingX live order book, 12 min ago3.41 bp50.4 bp −$50437.9 bp −$4,379981.9 bp −$98.2K1242.7 bp −$621.3K
Sell Gate live order book, 36 min ago7.98 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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
Kraken Futures PF_XCNUSD−0.0137%1h0.004397+0.141%$2K$2K10xas long as short
Aster XCNUSDT+0.0100%1h0.004392+0.019%$9K$3K3xas long as short
Bybit XCNUSDT+0.0100%4h0.004386−0.109%$1.1M$1.6M5xas long as short
Gate XCN_USDTshort+0.0100%4h0.004389−0.046%$347K$91K10x
MEXC XCN_USDT+0.0100%4h0.004394+0.068%$2.3M$165K20xas long as short
BingX XCN-USDTlong+0.0100%4h0.004391long leg$1.6M
Variational Omni XCN+0.0100%4h0.004393+0.039%$10K$511as long as short