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+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.047%
Price spread now: BingX against Aster+0.259%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 +$4 a day on $10k at the current rate, and BingX is 0.259% dearer against Aster than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XNYUSDT0.0062120.1156pay 0.0578% / 4h1h 43m$5K$3K5x
ShortBingX XNY-USDT0.0062280.1296get 0.0648% / 4h1h 43m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$29.43
Price spread: +0.259% → 0.000%
$25.92
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$37.34
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; BingX: live order book, 2 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 BingX live order book, 2 min ago10.45 bp54.7 bp −$55174.9 bp −$1,749doesn'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 9 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
Bybit XNYUSDT+0.0100%4h0.006203−0.143%$434K$30K5xas long as short
KuCoin XNYUSDTM+0.0100%4h0.006204−0.127%$283K$12K10xas long as short
Variational Omni XNY+0.0100%4h0.006201−0.169%$52K$1Kas long as short
Gate XNY_USDT+0.0468%4h0.006218+0.098%$206K$12K10xas long as short
Aster XNYUSDTlong+0.1156%4h0.006212long leg$5K$3K5x
BloFin XNY-USDT+0.1278%4h0.006213+0.018%$221K$6K10xas long as short
BingX XNY-USDTshort+0.1296%4h0.006228+0.259%$1.3M
Binance XNYUSDT+0.1330%4h0.006224+0.193%$3.6M$921K10xas long as short
MEXC XNY_USDT+0.1340%4h0.006223+0.179%$168K$93K100xas long as short