XNY arbitrage between Kraken and Astar DEX: we compare the price of XNY on Kraken (spot) and Astar DEX (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Codatta

Artificial Intelligence (AI), Big Data, BNB Chain Ecosystem, OKX Ventures Portfolio

Over the past 24 hours the spread between Kraken and Astar DEX stayed between 1.04% and 1.47%, median 1.24% across 39 samples (spot to futures).

Open interest in XNY right now — $6.6M: Binance $4.1M, BingX $1.1M, KuCoin $773.4K, Bybit $535.8K. See OI XNY.

About XNY arbitrage

How do I read the XNY spread?

The spread is how many percent higher XNY trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Kraken and Astar DEX. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get XNY alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.