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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0139%/8h= −15.2% APRpaid last 24h −0.015%
Price spread now: Injective against BingX−0.151%7-day average · you buy dearer than you sell
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 7 days−0.129%−$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Injective is 0.151% cheaper against BingX than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XAUT-USDT4,346.30.0100pay 0.0050% / 4h1h 53m$17.7M
ShortInjective XAUT/USDC PERP4,339.7−0.0039pay 0.0005% / 1h53m 17s$8K$119K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$29.19
Price spread: −0.151% → 0.000%
−$15.09
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$54.3
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 15 min ago; Injective: 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 BingX live order book, 15 min ago0.13 bp5.1 bp −$55.8 bp −$5814.3 bp −$1,42565.7 bp −$32.8K
Sell Injective no order-book sample
Injective: 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−0.0234%4h4,344.3−0.046%$26.2M$14.7M75xas long as short
Aftermath Perps XAUTUSD−0.0231%1h4,345.3−0.022%$56K$33K20xas long as short
Kraken Futures PF_XAUTUSD−0.0105%1h4,347.2+0.022%$5.3M$3.5M50xas long as short
Injective XAUT/USDC PERPshort−0.0039%1h4,339.7−0.151%$8K$119K30x
Gate XAUT_USDT0.0000%8h4,347.2+0.022%$132.0M$7.9M100xas long as short
SoDEX XAUT-USD+0.0015%1h4,346.9+0.015%$10.2M$2.1M25xas long as short
Variational Omni XAUT+0.0075%4h4,345.6−0.016%$33.2M$3.3Mas long as short
Binance XAUTUSDT+0.0087%4h4,345.8−0.010%$35.4M$45.5M75xas long as short
Extended XAUT-USD+0.0088%1h4,345−0.028%$272K$217K25xas long as short
Nado XAUT-PERP+0.0100%1h4,345.2−0.024%$4.2M$978K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUTUSDT+0.0100%4h4,345.2−0.024%$120.4M$27.1M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,345.5−0.017%$342.0M$279.6M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,348+0.039%$11.5M$2.9M75xas long as short
BingX XAUT-USDTlong+0.0100%4h4,346.3long leg$17.7M
GRVT XAUT_USDT_Perp+0.0100%4h4,346.7+0.009%$774$115K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,346−0.006%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,346.8+0.012%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,350.5+0.097%$2K$3.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,344.2−0.046%$1.8M$230K75xas long as short
BloFin XAUT-USDT+0.0340%4h4,345.6−0.015%$2.4M$1.7M75xas long as short