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−0.0174%/8h= −19.1% APRnext payment $0.87 per $10,000 · paid last 24h −0.030%
Price spread now: Aster against Binance−0.192%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$5 a day on $10k at the current rate, and Aster is 0.192% cheaper against Binance than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XNYUSDT0.0062240.1330pay 0.0665% / 4h1h 43m$3.6M$921K10x
ShortAster XNYUSDT0.0062120.1156get 0.0578% / 4h1h 43m$5K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
−$36.61
Price spread: −0.192% → 0.000%
−$19.22
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$73.83
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Aster: 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 Binance live order book, 8 min ago4.01 bp43.8 bp −$44588.5 bp −$5,885doesn't fitdoesn't fit
Sell Aster no order-book sample
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%4h0.006203−0.335%$434K$30K5xas long as short
KuCoin XNYUSDTM+0.0100%4h0.006204−0.319%$283K$12K10xas long as short
Variational Omni XNY+0.0100%4h0.006201−0.361%$52K$1Kas long as short
Gate XNY_USDT+0.0468%4h0.006218−0.094%$206K$12K10xas long as short
Aster XNYUSDTshort+0.1156%4h0.006212−0.192%$5K$3K5x
BloFin XNY-USDT+0.1278%4h0.006213−0.174%$221K$6K10xas long as short
BingX XNY-USDT+0.1296%4h0.006228+0.067%$1.3Mas long as short
Binance XNYUSDTlong+0.1330%4h0.006224long leg$3.6M$921K10x
MEXC XNY_USDT+0.1340%4h0.006223−0.014%$168K$93K100xas long as short