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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.005%
Price spread now: HTX against BingX−0.101%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.101%, 7d avg −0.044%
Together, before fees+0.051%+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.058% cheaper against BingX than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.044%). If the spread goes back, that is −$6 on $10k: about 7.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.109%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XAUT-USDT4,346.70.0074pay 0.0037% / 4h1h 37m$17.8M
ShortHTX XAUT-USDT4,342.30.0100get 0.0050% / 4h1h 37m$1.8M$243K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$5.46
Price spread: −0.101% → −0.044%
−$5.76
Slippage, 4 orders
−$9.25
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$31.54
Costs to cover
0.312%
Break-even
47.4 days
Slippage from BingX: live order book, 1 min ago; HTX: live order book, 2 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, 1 min ago0.13 bp5.1 bp −$56.0 bp −$6010.6 bp −$1,05744.1 bp −$22.1K
Sell HTX live order book, 2 min ago3.46 bp9.7 bp −$1014.7 bp −$147doesn'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−0.0286%1h4,344.7−0.047%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0038%4h4,347.6+0.021%$25.9M$15.3M75xas long as short
Gate XAUT_USDT0.0000%8h4,348.2+0.034%$130.3M$8.1M100xas long as short
Bybit XAUTUSDT+0.0008%4h4,346.2−0.012%$120.3M$27.6M75xas long as short
MEXC XAUT_USDT+0.0008%4h4,346.6−0.003%$349.1M$278.9M1000xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.071%$8K$149K30xas long as short
BloFin XAUT-USDT+0.0035%4h4,345.6−0.026%$2.3M$1.6M75xas long as short
Variational Omni XAUT+0.0041%4h4,341−0.132%$33.0M$3.5Mas long as short
SoDEX XAUT-USD+0.0050%1h4,346.8+0.002%$10.1M$2.0M25xas long as short
BingX XAUT-USDTlong+0.0074%4h4,346.7long leg$17.8M
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDT+0.0076%4h4,347.5+0.018%$35.2M$46.6M75xas long as short
Extended XAUT-USD+0.0080%1h4,346.4−0.008%$272K$213K25xas long as short
Nado XAUT-PERP+0.0100%1h4,345.7−0.023%$4.2M$1.0M10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,348.8+0.047%$11.3M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,344.8−0.044%$300$108K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,345.7−0.023%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,347.4+0.016%$1.9M$279K10xas long as short
SunX XAUT-USDT+0.0100%4h4,352+0.122%$2K$3.5M20xas long as short
HTX XAUT-USDTshort+0.0100%4h4,342.3−0.101%$1.8M$243K75x
Kraken Futures PF_XAUTUSD+0.0187%1h4,348.6+0.044%$5.7M$4.5M50xas long as short