ArbiLayer

XNY arbitrage

live

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

Best net spread+0.02%KuCoin → Gate · Spot–Perp
Best perp–perp spread+0.15%MEXC → Gate
Markets tracked107 venues · 7 perp · 3 spot · 0 DEX
Price range0.77%$0.006473 – $0.006523

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.006481Gate logoGate$0.006495 +0.22%+0.02% +0.24%— +0.116%— LS Chart →
Gate logoGatespot$0.006485Gate logoGate$0.006495 +0.15%-0.05% +0.17%— +0.116%— LS Chart →
KuCoin logoKuCoinspot$0.006481Binance logoBinance$0.006478 -0.05%-0.25% -0.00%— +0.251%— LS Chart →
KuCoin logoKuCoinspot$0.006481Aster logoAster$0.006475 -0.09%-0.29% -0.06%— +0.224%— LS Chart →
MEXC logoMEXCspot$0.006502Gate logoGate$0.006495 -0.11%-0.31% -0.09%— +0.116%— LS Chart →
Gate logoGatespot$0.006485Binance logoBinance$0.006478 -0.11%-0.31% -0.07%— +0.251%— LS Chart →
Gate logoGatespot$0.006485Aster logoAster$0.006475 -0.15%-0.35% -0.12%— +0.224%— LS Chart →
KuCoin logoKuCoinspot$0.006481MEXC logoMEXC$0.006468 -0.20%-0.40% -0.16%— +0.251%— LS Chart →
KuCoin logoKuCoinspot$0.006481Bybit logoBybit$0.006467 -0.22%-0.42% -0.21%— +0.030%— LS Chart →
Gate logoGatespot$0.006485MEXC logoMEXC$0.006468 -0.26%-0.46% -0.22%— +0.251%— LS Chart →
Gate logoGatespot$0.006485Bybit logoBybit$0.006467 -0.28%-0.48% -0.27%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.006502Binance logoBinance$0.006478 -0.37%-0.57% -0.33%— +0.251%— LS Chart →
MEXC logoMEXCspot$0.006502Aster logoAster$0.006475 -0.42%-0.62% -0.38%— +0.224%— LS Chart →
KuCoin logoKuCoinspot$0.006481Variational logoVariational$0.00645 -0.48%-0.68% -0.47%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.006502MEXC logoMEXC$0.006468 -0.52%-0.72% -0.48%— +0.251%— 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 $0.006468$0.006485$0.006477-0.08% +0.251%$97.9K
Gate logoGateSpot · XNY_USDTSpot $0.00646$0.006485$0.006473-0.15% —$78.1K
Bybit logoBybitPerpetual · XNYUSDTPerpetual $0.006467$0.006491$0.006479-0.05% +0.030%$32.1K
Gate logoGatePerpetual · XNY_USDTPerpetual $0.006495$0.006524$0.00651+0.42% +0.116%$27.4K
KuCoin logoKuCoinPerpetual · XNYUSDTMPerpetual $0.006442$0.00651$0.006476-0.09% +0.030%$14.5K
KuCoin logoKuCoinSpot · XNY-USDTSpot $0.006467$0.006481$0.006474-0.12% —$13.6K
Variational logoVariationalPerpetual · XNYPerpetual $0.00645$0.006595$0.006523+0.62% +0.030%$570
Binance logoBinancePerpetual · XNYUSDTPerpetual $0.006478$0.006492$0.006485+0.05% +0.251%—
Aster logoAsterPerpetual · XNYUSDTPerpetual $0.006475$0.0065$0.006488+0.08% +0.224%—
MEXC logoMEXCSpot · XNYUSDTSpot $0.006478$0.006502$0.00649+0.12% ——
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 KuCoin spot at $0.006481 and the highest bid on Gate perp at $0.006495.

The widest XNY perpetual spread is between MEXC and Gate: long XNY on MEXC at $0.006485 and short on Gate at $0.006495 for +0.15% gross, or -0.01% 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 -0.134% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best XNY route is to buy spot on KuCoin and short the perpetual on Gate: +0.22% gross, +0.02% net, with +0.116% a day of funding on the short leg.

Spot–spot XNY arbitrage (buy on KuCoin, withdraw, deposit and sell on MEXC) shows -0.05% 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 KuCoin spot → sell on Gate (Spot–Perp): +0.22% gross and +0.02% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest XNY?

KuCoin (spot) has the lowest XNY ask at $0.006481, and Gate (perp) the highest bid at $0.006495. 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 (MEXC 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