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+0.0051%/8h= +5.6% APRpaid last 24h +0.208%
Price spread now: Kraken Futures against MEXC+0.176%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.176% dearer against MEXC than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XCN_USDT0.0044010.0100pay 0.0050% / 4h2h 50m$2.3M$162K20x
ShortKraken Futures PF_XCNUSD0.0044090.0151get 0.0019% / 1h50m 31s$2K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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
$10.7
Price spread: +0.176% → 0.000%
$17.6
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$14.31
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: MEXC: live order book, 1 min ago; 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 MEXC live order book, 1 min ago1.14 bp23.1 bp −$23105.6 bp −$1,056198.2 bp −$19.8Kdoesn't fit
Sell Kraken Futures no order-book sample
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 XCNUSDT+0.0100%1h0.004401−0.010%$9K$3K3xas long as short
Bybit XCNUSDT+0.0100%4h0.004406+0.114%$1.0M$1.5M5xas long as short
Gate XCN_USDT+0.0100%4h0.004391−0.227%$347K$91K10xas long as short
MEXC XCN_USDTlong+0.0100%4h0.004401long leg$2.3M$162K20x
BingX XCN-USDT+0.0100%4h0.004405+0.091%$1.6Mas long as short
Variational Omni XCN+0.0100%4h0.004406+0.107%$10K$511as long as short
Kraken Futures PF_XCNUSDshort+0.0151%1h0.004409+0.176%$2K$2K10x