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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BingX+0.032%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 7 days−0.019%−$2 · spread now +0.032%, 7d avg +0.017%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XAUT-USDT4,3430.0100pay 0.0050% / 4h3h 02m$17.7M
ShortKuCoin XAUTUSDTM4,344.40.0100get 0.0050% / 4h3h 02m$11.5M$2.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.032% → +0.017%
$1.54
Slippage, 4 orders
−$3
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$23.46
Costs to cover
0.250%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 1 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, 6 min ago0.14 bp5.2 bp −$55.8 bp −$589.3 bp −$93047.3 bp −$23.6K
Sell KuCoin live order book, 1 min ago0.01 bp7.7 bp −$813.2 bp −$132doesn'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−0.0334%1h4,342.3−0.017%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0036%4h4,342.3−0.015%$25.9M$15.5M75xas long as short
Gate XAUT_USDT0.0000%8h4,344.3+0.030%$130.6M$8.2M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.156%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,342.3−0.016%$10.1M$2.0M25xas long as short
Variational Omni XAUT+0.0054%4h4,341.8−0.028%$33.1M$3.5Mas long as short
Binance XAUTUSDT+0.0087%4h4,343.2+0.005%$35.3M$45.3M75xas long as short
Extended XAUT-USD+0.0088%1h4,342.1−0.022%$272K$211K25xas long as short
Nado XAUT-PERP+0.0100%1h4,342.5−0.012%$4.2M$910K10xas long as short
Bybit XAUTUSDT+0.0100%4h4,342.6−0.010%$120.4M$27.8M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,342.7−0.007%$391.8M$272.6M1000xas long as short
KuCoin XAUTUSDTMshort+0.0100%4h4,344.4+0.032%$11.5M$2.9M75x
BingX XAUT-USDTlong+0.0100%4h4,343long leg$17.7M
GRVT XAUT_USDT_Perp+0.0100%4h4,343.3+0.007%$300$105K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,342.8−0.005%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,343.9+0.020%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,348.4+0.124%$2K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,340.9−0.049%$1.8M$236K75xas long as short
Kraken Futures PF_XAUTUSD+0.0138%1h4,344.8+0.042%$5.7M$4.5M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,342.3−0.016%$2.3M$1.6M75xas long as short