Settings8H · net · $10k
Funding arb · Price arb /

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: KuCoin against Binance+0.025%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 7 days0.000%$0 · spread now +0.025%, 7d avg +0.021%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAUTUSDT4,320.40.0100pay 0.0050% / 4h1h 32m$35.4M$47.6M75x
ShortKuCoin XAUTUSDTM4,321.50.0100get 0.0050% / 4h1h 32m$11.6M$3.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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

Funding earned
$0
Price spread: +0.025% → +0.021%
$0.34
Slippage, 4 orders
−$4.34
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$26
Costs to cover
0.263%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago0.01 bp5.1 bp −$56.8 bp −$6818.7 bp −$1,870doesn't fit
Sell KuCoin live order book, 6 min ago0.01 bp8.4 bp −$815.7 bp −$157doesn't fitdoesn't fit

XAUT on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps XAUTUSD−0.0250%1h4,320.5+0.002%$55K$29K20xas long as short
Bitget XAUTUSDT−0.0032%4h4,320.3−0.003%$25.5M$17.0M75xas long as short
Gate XAUT_USDT0.0000%8h4,322.2+0.041%$130.3M$8.7M100xas long as short
Variational Omni XAUT+0.0008%4h4,317.8−0.061%$32.9M$3.4Mas long as short
MEXC XAUT_USDT+0.0012%4h4,320.5+0.002%$361.7M$279.7M1000xas long as short
Bybit XAUTUSDT+0.0019%4h4,320.5+0.002%$119.2M$30.8M75xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.680%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,319.7−0.017%$10.1M$2.1M25xas long as short
Nado XAUT-PERP+0.0100%1h4,320.3−0.002%$4.2M$936K10xas long as short
Binance XAUTUSDTlong+0.0100%4h4,320.4long leg$35.4M$47.6M75x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTMshort+0.0100%4h4,321.5+0.025%$11.6M$3.1M75x
BingX XAUT-USDT+0.0100%4h4,320.3−0.002%$19.0Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,319.9−0.012%$1K$112K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,320−0.010%$265$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,320−0.011%$1.8M$367K10xas long as short
SunX XAUT-USDT+0.0100%4h4,324.5+0.093%$3K$3.2M20xas long as short
HTX XAUT-USDT+0.0100%4h4,319−0.032%$1.8M$251K75xas long as short
Extended XAUT-USD+0.0104%1h4,319.4−0.024%$267K$214K25xas long as short
BloFin XAUT-USDT+0.0111%4h4,320.2−0.005%$2.3M$1.6M75xas long as short
Kraken Futures PF_XAUTUSD+0.0230%1h4,322+0.035%$5.7M$4.9M50xas long as short