Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0528%/8h= +57.9% APRpaid last 24h +0.131%

Price spread now: BloFin against Aftermath Perps−0.029%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 BloFin

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. BloFin is 0.029% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$16 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XAUTUSD	4,343	−0.0318	get 0.0040% / 1h	48m 36s	$56K	$29K	20x
Short	BloFin XAUT-USDT	4,341.8	0.0211	get 0.0105% / 4h	48m 36s	$2.3M	$1.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.029%Rate

Funding earned: $110.96
Price spread: −0.029% → 0.000%: −$2.86
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $87.1
Costs to cover: 0.210%
Break-even: 1.5 days

Slippage unknown: Aftermath Perps: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago	0.12 bp	6.3 bp −$6	7.1 bp −$71	11.3 bp −$1,130	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	−0.0318%	1h	4,343	long leg	$56K	$29K	20x
Bitget XAUTUSDT	−0.0044%	4h	4,341.7	−0.031%	$26.0M	$15.2M	75x	as long as short
Bybit XAUTUSDT	−0.0043%	4h	4,341.3	−0.040%	$119.9M	$28.1M	75x	as long as short
MEXC XAUT_USDT	−0.0042%	4h	4,341.2	−0.042%	$356.6M	$272.3M	1000x	as long as short
Variational Omni XAUT	−0.0019%	4h	4,340.2	−0.066%	$33.0M	$3.6M	—	as long as short
Gate XAUT_USDT	0.0000%	8h	4,343.8	+0.017%	$130.6M	$8.1M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.156%	$8K	$149K	30x	as long as short
Binance XAUTUSDT	+0.0045%	4h	4,341.7	−0.031%	$35.1M	$45.6M	75x	as long as short
Extended XAUT-USD	+0.0048%	1h	4,340.5	−0.058%	$272K	$213K	25x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,340.5	−0.059%	$10.1M	$2.0M	25x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XAUT-USDT	+0.0052%	4h	4,341.9	−0.025%	—	$17.7M	—	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,340.9	−0.049%	$4.2M	$980K	10x	as long as short
KuCoin XAUTUSDTM	+0.0100%	4h	4,343.7	+0.014%	$11.5M	$2.9M	75x	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,343.8	+0.017%	$1K	$109K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,341.2	−0.042%	$267	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,342.2	−0.019%	$1.8M	$295K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,346.9	+0.089%	$2K	$3.4M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,340.1	−0.068%	$1.8M	$234K	75x	as long as short
BloFin XAUT-USDTshort	+0.0211%	4h	4,341.8	−0.029%	$2.3M	$1.6M	75x
Kraken Futures PF_XAUTUSD	+0.0222%	1h	4,342.9	−0.002%	$5.7M	$4.5M	50x	as long as short