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

XNY

all XNY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0184%/8h= +20.2% APRnext payment +$0.92 per $10,000 · paid last 24h +0.031%
Price spread now: Binance against Aster+0.582%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 5 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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.582% dearer against Aster than usual: you sell high and buy low: +$58 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XNYUSDT0.0062330.1149pay 0.0575% / 4h2h 31m$5K$3K5x
ShortBinance XNYUSDT0.0062690.1333get 0.0667% / 4h2h 31m$3.6M$915K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$38.67
Price spread: +0.582% → 0.000%
$58.19
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$78.86
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Binance: live order book, 5 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 Aster no order-book sample
Sell Binance live order book, 5 min ago1.61 bp45.2 bp −$45342.8 bp −$3,428doesn't fitdoesn't fit
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.

XNY on 8 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
KuCoin XNYUSDTM+0.0100%4h0.006236+0.052%$284K$12K10xas long as short
Variational Omni XNY+0.0100%4h0.006216−0.268%$52K$1Kas long as short
Bybit XNYUSDT+0.0700%4h0.006262+0.470%$438K$30K5xas long as short
Aster XNYUSDTlong+0.1149%4h0.006233long leg$5K$3K5x
BingX XNY-USDT+0.1200%4h0.006268+0.566%$1.2Mas long as short
Gate XNY_USDT+0.1202%4h0.006279+0.742%$208K$12K10xas long as short
MEXC XNY_USDT+0.1332%4h0.006272+0.630%$169K$94K100xas long as short
Binance XNYUSDTshort+0.1333%4h0.006269+0.582%$3.6M$915K10x