Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0357%/8h= +39.1% APRpaid last 24h +0.095%

Price spread now: HTX against Aftermath Perps−0.069%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 HTX

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. HTX is 0.069% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 16 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XAUTUSD	4,320.4	−0.0257	get 0.0032% / 1h	33m 14s	$55K	$29K	20x
Short	HTX XAUT-USDT	4,317.4	0.0100	get 0.0050% / 4h	1h 33m	$1.8M	$250K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $74.93
Price spread: −0.069% → 0.000%: −$6.94
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: $46.99
Costs to cover: 0.210%
Break-even: 2.6 days

Slippage unknown: Aftermath Perps: no order-book sample; HTX: live order book, 1 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 HTX live order book, 1 min ago	3.89 bp	13.5 bp −$14	17.3 bp −$173	doesn't fit	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	−0.0257%	1h	4,320.4	long leg	$55K	$29K	20x
Bitget XAUTUSDT	−0.0032%	4h	4,320.8	+0.010%	$25.5M	$17.0M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,322.6	+0.051%	$130.3M	$8.7M	100x	as long as short
MEXC XAUT_USDT	+0.0008%	4h	4,320.8	+0.010%	$361.6M	$279.6M	1000x	as long as short
Variational Omni XAUT	+0.0008%	4h	4,317.8	−0.060%	$32.9M	$3.4M	—	as long as short
Bybit XAUTUSDT	+0.0014%	4h	4,320.9	+0.012%	$119.2M	$30.8M	75x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.681%	$8K	$149K	30x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,320.5	+0.003%	$10.1M	$2.1M	25x	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,321	+0.014%	$4.2M	$936K	10x	as long as short
Binance XAUTUSDT	+0.0100%	4h	4,321	+0.014%	$35.3M	$47.5M	75x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XAUTUSDTM	+0.0100%	4h	4,321.9	+0.034%	$11.6M	$3.1M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,320.7	+0.006%	—	$18.9M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,319.9	−0.011%	$1K	$112K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,320.3	−0.002%	$265	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,320	−0.010%	$1.8M	$367K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,325.1	+0.110%	$3K	$3.2M	20x	as long as short
HTX XAUT-USDTshort	+0.0100%	4h	4,317.4	−0.069%	$1.8M	$250K	75x
Extended XAUT-USD	+0.0104%	1h	4,320	−0.008%	$267K	$214K	25x	as long as short
BloFin XAUT-USDT	+0.0111%	4h	4,320.2	−0.004%	$2.3M	$1.6M	75x	as long as short
Kraken Futures PF_XAUTUSD	+0.0230%	1h	4,322.8	+0.055%	$5.7M	$4.9M	50x	as long as short