Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: Orderly against BingX0.000%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX XAUT-USDT	4,353.2	0.0100	pay 0.0050% / 4h	2h 29m	—	$17.8M	—
Short	Orderly PERP_XAUT_USDC_mythos	4,353.2	0.0100	get 0.0050% / 4h	2h 29m	$267	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee BingXbpFee OrderlybpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: −$0.02
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$16.02
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 4 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 4 min ago	0.13 bp	5.1 bp −$5	5.6 bp −$56	9.7 bp −$975	42.6 bp −$21.3K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAUTUSD	−0.0283%	1h	4,353.4	+0.004%	$56K	$30K	20x	as long as short
Bitget XAUTUSDT	−0.0042%	4h	4,353.9	+0.016%	$25.9M	$15.2M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,355.2	+0.046%	$130.5M	$8.2M	100x	as long as short
MEXC XAUT_USDT	+0.0004%	4h	4,353.2	0.000%	$331.1M	$284.2M	1000x	as long as short
Bybit XAUTUSDT	+0.0012%	4h	4,353	−0.005%	$120.6M	$27.8M	75x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	−0.078%	$8K	$149K	30x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,354.5	+0.030%	$10.2M	$2.0M	25x	as long as short
Variational Omni XAUT	+0.0057%	4h	4,351.7	−0.035%	$33.1M	$3.5M	—	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,353.9	+0.017%	$4.2M	$992K	10x	as long as short
Binance XAUTUSDT	+0.0100%	4h	4,353.3	+0.001%	$35.3M	$46.8M	75x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XAUTUSDTM	+0.0100%	4h	4,355.1	+0.044%	$11.4M	$2.9M	75x	as long as short
BingX XAUT-USDTlong	+0.0100%	4h	4,353.2	long leg	—	$17.8M	—
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,352.9	−0.007%	$379	$111K	10x	as long as short
Orderly PERP_XAUT_USDC_mythosshort	+0.0100%	4h	4,353.2	0.000%	$267	$17K	10x
Derive XAUT-PERP	+0.0100%	1h	4,354.1	+0.021%	$1.9M	$265K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,358.2	+0.116%	$3K	$3.6M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,352.5	−0.016%	$1.9M	$243K	75x	as long as short
Extended XAUT-USD	+0.0104%	1h	4,353.5	+0.006%	$272K	$213K	25x	as long as short
Kraken Futures PF_XAUTUSD	+0.0300%	1h	4,354.8	+0.037%	$5.3M	$4.1M	50x	as long as short