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−0.0578%/8h= −63.3% APRnext payment $2.89 per $10,000 · paid last 24h −0.026%
Price spread now: Variational Omni against Bybit−0.039%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Variational Omni is 0.039% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XNYUSDT0.0062620.0678pay 0.0339% / 4h2h 28m$438K$30K5x
ShortVariational Omni XNY0.0062600.0100get 0.0050% / 4h2h 28m$52K$1K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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
−$121.38
Price spread: −0.039% → 0.000%
−$3.94
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$136.33
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 31 min ago; Variational Omni: 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 Bybit live order book, 31 min ago10.48 bp2455.4 bp −$2,455doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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 8 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
KuCoin XNYUSDTM+0.0100%4h0.006239−0.367%$284K$12K10xas long as short
Variational Omni XNYshort+0.0100%4h0.006260−0.039%$52K$1K
Bybit XNYUSDTlong+0.0678%4h0.006262long leg$438K$30K5x
Gate XNY_USDT+0.1170%4h0.006283+0.335%$208K$12K10xas long as short
BingX XNY-USDT+0.1266%4h0.006275+0.208%$1.3Mas long as short
Aster XNYUSDT+0.1279%4h0.006240−0.355%$5K$3K5xas long as short
MEXC XNY_USDT+0.1430%4h0.006276+0.224%$169K$94K100xas long as short
Binance XNYUSDT+0.1431%4h0.006276+0.224%$3.7M$916K10xas long as short