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

XNY

all XNY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.70 per $10,000 · paid last 24h +0.026%
Price spread now: MEXC against Aster+0.425%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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.425% dearer against Aster than usual: you sell high and buy low: +$42 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XNYUSDT0.0062980.1157pay 0.0579% / 4h3h 10m$6K$4K5x
ShortMEXC XNY_USDT0.0063250.1298get 0.0649% / 4h3h 10m$177K$97K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$29.56
Price spread: +0.425% → 0.000%
$42.47
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
$60.03
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 14 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 MEXC live order book, 14 min ago2.38 bp39.7 bp −$4075.0 bp −$750209.6 bp −$21.0Kdoesn'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
Gate XNY_USDT+0.0100%4h0.006341+0.679%$212K$16K10xas long as short
KuCoin XNYUSDTM+0.0100%4h0.006295−0.052%$294K$16K10xas long as short
Variational Omni XNY+0.0100%4h0.006318+0.319%$53K$1Kas long as short
Bybit XNYUSDT+0.0323%4h0.006315+0.266%$442K$33K5xas long as short
Aster XNYUSDTlong+0.1157%4h0.006298long leg$6K$4K5x
BingX XNY-USDT+0.1234%4h0.006324+0.409%$1.3Mas long as short
BloFin XNY-USDT+0.1265%4h0.006323+0.393%$225K$6K10xas long as short
MEXC XNY_USDTshort+0.1298%4h0.006325+0.425%$177K$97K100x
Binance XNYUSDT+0.1298%4h0.006327+0.458%$3.7M$1.0M10xas long as short