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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BingX+0.022%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$210.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.058%−$6 on $10k
Price spread, last 7 days−0.028%−$3 · spread now +0.022%, 7d avg −0.004%
Together, before fees−0.086%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.026% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XAUT-USDT4,358.50.0100pay 0.0050% / 4h29m 28s$17.9M
ShortBinance XAUTUSDT4,359.50.0100get 0.0050% / 4h29m 28s$35.5M$46.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: +0.022% → −0.004%
$2.61
Slippage, 4 orders
−$0.72
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$18.11
Costs to cover
0.207%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 13 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 BingX live order book, 9 min ago0.13 bp5.1 bp −$55.7 bp −$579.4 bp −$94349.0 bp −$24.5K
Sell Binance live order book, 13 min ago0.01 bp5.0 bp −$56.6 bp −$6614.8 bp −$1,483doesn'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−0.0160%1h4,359.8+0.029%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0120%4h4,358.4−0.002%$26.2M$14.9M75xas long as short
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.200%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,359.8+0.029%$131.7M$8.0M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,360.2+0.038%$10.2M$2.0M25xas long as short
MEXC XAUT_USDT+0.0054%4h4,358.2−0.008%$341.6M$278.2M1000xas long as short
Bybit XAUTUSDT+0.0055%4h4,358.3−0.005%$120.8M$27.3M75xas long as short
Variational Omni XAUT+0.0065%4h4,357.8−0.016%$33.3M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,358.4−0.002%$4.2M$995K10xas long as short
Binance XAUTUSDTshort+0.0100%4h4,359.5+0.022%$35.5M$46.2M75x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,360.1+0.036%$11.4M$2.9M75xas long as short
BingX XAUT-USDTlong+0.0100%4h4,358.5long leg$17.9M
GRVT XAUT_USDT_Perp+0.0100%4h4,358−0.013%$379$113K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,358.2−0.008%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,360+0.033%$1.9M$209K10xas long as short
SunX XAUT-USDT+0.0100%4h4,364.5+0.137%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,356.3−0.051%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,357.9−0.015%$272K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,360.4+0.042%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0225%4h4,357.5−0.024%$2.3M$1.7M75xas long as short