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−0.0100%/8h= −10.9% APRpaid last 24h −0.024%
Price spread now: Gate against BingX+0.029%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.172%−$17 on $10k
Price spread, last 7 days+0.016%+$2 · spread now +0.029%, 7d avg +0.038%
Together, before fees−0.157%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XAUT-USDT4,365.40.0100pay 0.0050% / 4h10m 00s$17.9M
ShortGate XAUT_USDT4,366.70get 0.0000% / 8h10m 00s$131.8M$8.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21
Price spread: +0.029% → +0.038%
−$0.95
Slippage, 4 orders
−$2.97
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$49.92
Costs to cover
0.280%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Gate: 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 BingX live order book, 3 min ago0.14 bp5.1 bp −$55.6 bp −$569.8 bp −$98544.6 bp −$22.3K
Sell Gate live order book, 4 min ago0.11 bp8.8 bp −$911.0 bp −$11019.7 bp −$1,97450.3 bp −$25.2K

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−0.0136%1h4,366.1+0.016%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0088%4h4,365.2−0.007%$26.2M$15.1M75xas long as short
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.358%$8K$149K30xas long as short
Gate XAUT_USDTshort0.0000%8h4,366.7+0.029%$131.8M$8.0M100x
SoDEX XAUT-USD+0.0050%1h4,367.4+0.045%$10.2M$2.0M25xas long as short
MEXC XAUT_USDT+0.0058%4h4,365.2−0.005%$342.1M$282.8M1000xas long as short
Bybit XAUTUSDT+0.0060%4h4,365.6+0.004%$121.0M$27.4M75xas long as short
Variational Omni XAUT+0.0075%4h4,365.8+0.009%$33.3M$3.4Mas long as short
Nado XAUT-PERP+0.0100%1h4,367.2+0.039%$4.2M$995K10xas long as short
Binance XAUTUSDT+0.0100%4h4,365.7+0.006%$35.6M$46.5M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,367.9+0.056%$11.4M$2.9M75xas long as short
BingX XAUT-USDTlong+0.0100%4h4,365.4long leg$17.9M
GRVT XAUT_USDT_Perp+0.0100%4h4,365.5+0.001%$738$115K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,366+0.013%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,367.4+0.044%$1.9M$209K10xas long as short
SunX XAUT-USDT+0.0100%4h4,371.7+0.144%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,365.8+0.008%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,364.8−0.015%$272K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,367.5+0.046%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0224%4h4,366+0.013%$2.3M$1.7M75xas long as short