ArbiLayer

XNY arbitrage

live

Live Codatta price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.19%MEXC → Gate · Spot–Perp
Best perp–perp spread+0.21%Bybit → Gate
Markets tracked107 venues · 7 perp · 3 spot · 0 DEX
Price range0.54%$0.006692 – $0.006729

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$0.006711Gate logoGate$0.006725 +0.21%+0.05% +0.21%— 0.000%— LS Chart →
Binance logoBinance$0.006715Gate logoGate$0.006725 +0.15%-0.01% +0.15%— 0.000%— LS Chart →
MEXC logoMEXC$0.006715Gate logoGate$0.006725 +0.15%-0.01% +0.15%— 0.000%— LS Chart →
Aster logoAster$0.006722Gate logoGate$0.006725 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Bybit logoBybit$0.006711Binance logoBinance$0.006712 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
Bybit logoBybit$0.006711MEXC logoMEXC$0.006712 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.006726Gate logoGate$0.006725 -0.01%-0.17% -0.01%— 0.000%— LS Chart →
Variational logoVariational$0.006728Gate logoGate$0.006725 -0.04%-0.20% -0.04%— +0.000%— LS Chart →
Binance logoBinance$0.006715MEXC logoMEXC$0.006712 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
MEXC logoMEXC$0.006715Binance logoBinance$0.006712 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
Bybit logoBybit$0.006711Aster logoAster$0.006707 -0.06%-0.22% -0.06%— 0.000%— LS Chart →
Binance logoBinance$0.006715Aster logoAster$0.006707 -0.12%-0.28% -0.12%— 0.000%— LS Chart →
MEXC logoMEXC$0.006715Aster logoAster$0.006707 -0.12%-0.28% -0.12%— 0.000%— LS Chart →
Aster logoAster$0.006722Binance logoBinance$0.006712 -0.15%-0.31% -0.15%— 0.000%— LS Chart →
Aster logoAster$0.006722MEXC logoMEXC$0.006712 -0.15%-0.31% -0.15%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

XNY price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · XNY_USDTPerpetual $0.006712$0.006715$0.006714+0.03% +0.030%$98.6K
Gate logoGateSpot · XNY_USDTSpot $0.006695$0.006708$0.006702-0.15% —$87.6K
Bybit logoBybitPerpetual · XNYUSDTPerpetual $0.006703$0.006711$0.006707-0.07% +0.030%$27.5K
Gate logoGatePerpetual · XNY_USDTPerpetual $0.006725$0.006732$0.006729+0.25% +0.030%$21.3K
KuCoin logoKuCoinPerpetual · XNYUSDTMPerpetual $0.0067$0.006726$0.006713+0.02% +0.030%$13.7K
KuCoin logoKuCoinSpot · XNY-USDTSpot $0.006684$0.006709$0.006696-0.22% —$10.2K
Variational logoVariationalPerpetual · XNYPerpetual $0.006692$0.006728$0.00671-0.02% +0.030%$602
Binance logoBinancePerpetual · XNYUSDTPerpetual $0.006712$0.006715$0.006714+0.03% +0.030%—
Aster logoAsterPerpetual · XNYUSDTPerpetual $0.006707$0.006722$0.006715+0.04% +0.030%—
MEXC logoMEXCSpot · XNYUSDTSpot $0.006685$0.006699$0.006692-0.29% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

XNY arbitrage explained

Right now Codatta (XNY) trades on 7 venues we scan: 7 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on MEXC spot at $0.006699 and the highest bid on Gate perp at $0.006725.

The widest XNY perpetual spread is between Bybit and Gate: long XNY on Bybit at $0.006711 and short on Gate at $0.006725 for +0.21% gross, or +0.05% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best XNY route is to buy spot on MEXC and short the perpetual on Gate: +0.39% gross, +0.19% net, with +0.030% a day of funding on the short leg.

Spot–spot XNY arbitrage (buy on MEXC, withdraw, deposit and sell on Gate) shows -0.06% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small XNY gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: XNY funding rates · XNY spread charts · Codatta price · arbitrage scanner for all coins.

Is there a XNY arbitrage opportunity right now?

The best XNY route right now is to buy on MEXC spot → sell on Gate (Spot–Perp): +0.39% gross and +0.19% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest XNY?

MEXC (spot) has the lowest XNY ask at $0.006699, and Gate (perp) the highest bid at $0.006725. Prices update every 15 seconds on this page.

How many exchanges list XNY?

ArbiLayer tracks 10 XNY markets on 7 venues: 7 perpetual, 3 spot and 0 DEX pools.

How do I arbitrage XNY without transferring coins?

Use two perpetual contracts: go long XNY on the cheaper exchange (Bybit now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins