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: Aster against Kraken Futures+0.047%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 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
The price spread pays, funding is against you. Aster is 0.047% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XCNUSD0.0043770.0152pay 0.0019% / 1h20m 47s$2K$2K10x
ShortAster XCNUSDT0.0043790.0100get 0.0013% / 1h20m 47s$9K$3K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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: +0.047% → 0.000%
$4.72
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$24.21
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample
Sell Aster no order-book sample
Kraken Futures and 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.

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 XCNUSDTshort+0.0100%1h0.004379+0.047%$9K$3K3x
Bybit XCNUSDT+0.0100%4h0.004381+0.107%$1.0M$1.5M5xas long as short
Gate XCN_USDT+0.0100%4h0.004366−0.240%$345K$91K10xas long as short
MEXC XCN_USDT+0.0100%4h0.004371−0.126%$2.3M$164K20xas long as short
BingX XCN-USDT+0.0100%4h0.004378+0.034%$1.6Mas long as short
Variational Omni XCN+0.0100%4h0.004381+0.097%$10K$511as long as short
Kraken Futures PF_XCNUSDlong+0.0152%1h0.004377long leg$2K$2K10x