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

XNY

all XNY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.68 per $10,000 · paid last 24h −0.020%
Price spread now: Binance against BingX+0.016%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1611.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.277%+$28 on $10k
Price spread, last 7 days+0.032%+$3 · spread now +0.016%, 7d avg +0.019%
Together, before fees+0.310%+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XNY-USDT0.0063570.2270pay 0.1135% / 4h1h 44m$1.3M
ShortBinance XNYUSDT0.0063580.2405get 0.1203% / 4h1h 44m$3.7M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
$28.42
Price spread: +0.016% → +0.019%
−$0.34
Slippage, 4 orders
−$141.34
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$133.26
Costs to cover
1.613%
Break-even
39.8 days
Slippage from BingX: live order book, 15 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 15 min ago7.86 bp48.9 bp −$49395.7 bp −$3,9571242.3 bp −$124.2Kdoesn't fit
Sell Binance live order book, 7 min ago2.36 bp46.0 bp −$46384.3 bp −$3,843doesn't fitdoesn't fit

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%4h0.006346−0.173%$442K$35K5xas long as short
KuCoin XNYUSDTM+0.0100%4h0.006356−0.016%$303K$17K10xas long as short
Variational Omni XNY+0.0100%4h0.006337−0.316%$52K$2Kas long as short
Gate XNY_USDT+0.0998%4h0.006374+0.267%$213K$16K10xas long as short
Aster XNYUSDT+0.2173%4h0.006347−0.156%$7K$6K5xas long as short
BingX XNY-USDTlong+0.2270%4h0.006357long leg$1.3M
BloFin XNY-USDT+0.2387%4h0.006358+0.016%$226K$6K10xas long as short
MEXC XNY_USDT+0.2390%4h0.006355−0.031%$175K$97K100xas long as short
Binance XNYUSDTshort+0.2405%4h0.006358+0.016%$3.7M$1.1M10x