Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0333%/8h= +36.5% APRpaid last 24h +0.050%

Price spread now: Binance against Aftermath Perps−0.021%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Binance

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.021% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XAUTUSD	4,342.2	−0.0253	get 0.0032% / 1h	50m 00s	$56K	$33K	20x
Short	Binance XAUTUSDT	4,341.3	0.0081	get 0.0040% / 4h	2h 50m	$35.3M	$45.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aftermath Perps. 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee BinancebpOrdersPrice spread, now −0.021%Rate

Funding earned: $70.03
Price spread: −0.021% → 0.000%: −$2.09
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: $48.94
Costs to cover: 0.190%
Break-even: 2.1 days

Slippage unknown: Aftermath Perps: no order-book sample; Binance: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aftermath Perps no order-book sample	—	—	—	—	—
Sell Binance live order book, 7 min ago	0.01 bp	5.0 bp −$5	6.7 bp −$67	19.6 bp −$1,955	doesn't fit

Aftermath Perps: 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.

XAUT on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAUTUSDlong	−0.0253%	1h	4,342.2	long leg	$56K	$33K	20x
Bitget XAUTUSDT	−0.0180%	4h	4,339.4	−0.065%	$26.3M	$14.9M	75x	as long as short
Kraken Futures PF_XAUTUSD	−0.0097%	1h	4,343.3	+0.025%	$5.3M	$3.4M	50x	as long as short
Injective XAUT/USDC PERP	−0.0056%	1h	4,343.8	+0.037%	$8K	$76K	30x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,343.4	+0.028%	$131.9M	$8.9M	100x	as long as short
Variational Omni XAUT	+0.0002%	4h	4,342.5	+0.006%	$33.1M	$3.3M	—	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,343.9	+0.039%	$10.1M	$2.1M	25x	as long as short
Extended XAUT-USD	+0.0080%	1h	4,340.9	−0.031%	$272K	$217K	25x	as long as short
Binance XAUTUSDTshort	+0.0081%	4h	4,341.3	−0.021%	$35.3M	$45.4M	75x
Nado XAUT-PERP	+0.0100%	1h	4,342.4	+0.005%	$4.2M	$917K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUTUSDT	+0.0100%	4h	4,342.3	+0.002%	$120.6M	$27.3M	75x	as long as short
MEXC XAUT_USDT	+0.0100%	4h	4,342.7	+0.012%	$351.3M	$275.5M	1000x	as long as short
KuCoin XAUTUSDTM	+0.0100%	4h	4,343.7	+0.035%	$11.5M	$3.3M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,341.9	−0.006%	—	$17.7M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,342.4	+0.004%	$643	$116K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,342.1	−0.002%	$267	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,343.4	+0.029%	$1.8M	$175K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,347.4	+0.120%	$3K	$3.8M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,340.1	−0.048%	$1.8M	$231K	75x	as long as short
BloFin XAUT-USDT	+0.0340%	4h	4,342.6	+0.009%	$2.4M	$1.7M	75x	as long as short