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+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.008%
Price spread now: Orderly against Binance+0.011%49s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAUTUSDT4,340.10.0064pay 0.0032% / 4h2h 32m$35.3M$45.5M75x
ShortOrderly PERP_XAUT_USDC_mythos4,340.60.0100get 0.0050% / 4h2h 32m$267$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$7.6
Price spread: +0.011% → 0.000%
$1.13
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$7.27
Costs to cover
0.160%
Break-even
13.7 days
Slippage unknown: Binance: live order book, 9 min ago; Orderly: no order-book sample. Net counts fees only.

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, 9 min ago0.01 bp5.0 bp −$55.5 bp −$5523.3 bp −$2,332doesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XAUTUSDT−0.0212%4h4,339.2−0.020%$26.4M$15.1M75xas long as short
Aftermath Perps XAUTUSD−0.0209%1h4,341.7+0.036%$56K$33K20xas long as short
Kraken Futures PF_XAUTUSD−0.0097%1h4,341.8+0.040%$5.3M$3.4M50xas long as short
Injective XAUT/USDC PERP−0.0056%1h4,343.8+0.085%$8K$76K30xas long as short
Gate XAUT_USDT0.0000%8h4,342.4+0.053%$131.9M$8.9M100xas long as short
Variational Omni XAUT+0.0024%4h4,340.10.000%$33.1M$3.3Mas long as short
SoDEX XAUT-USD+0.0050%1h4,343.2+0.071%$10.1M$2.1M25xas long as short
Binance XAUTUSDTlong+0.0064%4h4,340.1long leg$35.3M$45.5M75x
Extended XAUT-USD+0.0064%1h4,339.6−0.012%$272K$217K25xas long as short
Nado XAUT-PERP+0.0100%1h4,340.6+0.010%$4.2M$916K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUTUSDT+0.0100%4h4,340.5+0.009%$120.5M$27.3M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,341.1+0.023%$349.7M$275.9M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,342.3+0.050%$11.5M$3.1M75xas long as short
BingX XAUT-USDT+0.0100%4h4,340.2+0.001%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,340.7+0.013%$538$116K10xas long as short
Orderly PERP_XAUT_USDC_mythosshort+0.0100%4h4,340.6+0.011%$267$17K10x
Derive XAUT-PERP+0.0100%1h4,341.7+0.036%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,346.9+0.156%$2K$3.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,339−0.025%$1.8M$230K75xas long as short
BloFin XAUT-USDT+0.0340%4h4,341.8+0.039%$2.4M$1.7M75xas long as short