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

XNY

all XNY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.2002%/8h= −219.2% APRnext payment $10.01 per $10,000 · paid last 24h −0.098%
Price spread now: KuCoin against Aster+0.251%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 6 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. KuCoin is 0.251% dearer against Aster than usual: you sell high and buy low (spread +0.251% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$60 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XNYUSDT0.0063530.2102pay 0.1051% / 4h3h 56m$6K$6K5x
ShortKuCoin XNYUSDTM0.0063690.0100get 0.0050% / 4h3h 56m$304K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$420.38
Price spread: +0.251% → 0.000%
$25.14
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$415.24
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; KuCoin: 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 Aster no order-book sample
Sell KuCoin live order book, 36 min ago43.99 bp910.3 bp −$910doesn't fitdoesn'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%4h0.006361+0.125%$441K$37K5xas long as short
KuCoin XNYUSDTMshort+0.0100%4h0.006369+0.251%$304K$16K10x
Variational Omni XNY+0.0100%4h0.006365+0.191%$52K$2Kas long as short
Gate XNY_USDT+0.1072%4h0.006380+0.425%$214K$16K10xas long as short
Aster XNYUSDTlong+0.2102%4h0.006353long leg$6K$6K5x
BingX XNY-USDT+0.2438%4h0.006359+0.094%$1.3Mas long as short
MEXC XNY_USDT+0.2566%4h0.006362+0.141%$195K$100K100xas long as short
Binance XNYUSDT+0.2570%4h0.006362+0.141%$3.7M$1.1M10xas long as short
BloFin XNY-USDT+0.2607%4h0.006363+0.157%$229K$6K10xas long as short