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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.27 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Binance−0.006%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.146% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.006%, 7d avg −0.004%
Together, before fees−0.009%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAUTUSDT4,361.90.0100pay 0.0050% / 4h50m 33s$35.5M$46.2M75x
ShortMEXC XAUT_USDT4,361.70.0046get 0.0023% / 4h50m 33s$342.4M$276.0M1000x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$11.34
Price spread: −0.006% → −0.004%
−$0.15
Slippage, 4 orders
−$0.56
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$26.05
Costs to cover
0.146%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 4 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, 6 min ago0.01 bp5.0 bp −$57.0 bp −$7019.1 bp −$1,908doesn't fit
Sell MEXC live order book, 4 min ago0.23 bp2.2 bp −$22.4 bp −$244.8 bp −$47620.2 bp −$10.1K

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−0.0197%1h4,362.7+0.018%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0154%4h4,361.90.000%$26.2M$14.9M75xas long as short
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.278%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,363.2+0.029%$131.8M$7.9M100xas long as short
MEXC XAUT_USDTshort+0.0046%4h4,361.7−0.006%$342.4M$276.0M1000x
Bybit XAUTUSDT+0.0046%4h4,361.6−0.008%$120.9M$27.4M75xas long as short
SoDEX XAUT-USD+0.0050%1h4,363.7+0.040%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0050%4h4,360.6−0.032%$33.3M$3.2Mas long as short
Nado XAUT-PERP+0.0100%1h4,361.7−0.006%$4.2M$991K10xas long as short
Binance XAUTUSDTlong+0.0100%4h4,361.9long leg$35.5M$46.2M75x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,364.3+0.055%$11.4M$3.0M75xas long as short
BingX XAUT-USDT+0.0100%4h4,362.4+0.010%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,363+0.024%$938$111K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,362.6+0.015%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,364.1+0.049%$1.9M$180K10xas long as short
SunX XAUT-USDT+0.0100%4h4,367.7+0.133%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,360.9−0.024%$1.9M$231K75xas long as short
Extended XAUT-USD+0.0104%1h4,361.1−0.020%$272K$217K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,364.4+0.056%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0185%4h4,361.5−0.010%$2.3M$1.7M75xas long as short