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+0.0555%/8h= +60.8% APRnext payment +$2.78 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Bitget0.000%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs+$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.453%+$45 on $10k
Price spread, last 3 days (all we have)+0.064%+$6 · spread now 0.000%, 7d avg +0.011%
Together, before fees+0.518%+$52 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAUTUSDT4,348.1−0.0226get 0.0113% / 4h1h 42m$26.2M$14.7M75x
ShortBloFin XAUT-USDT4,348.10.0329get 0.0165% / 4h1h 42m$2.4M$1.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$116.58
Price spread: 0.000% → +0.011%
−$1.03
Slippage, 4 orders
−$4.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$87.13
Costs to cover
0.284%
Break-even
1.8 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 5 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 Bitget live order book, 1 min ago0.01 bp7.6 bp −$810.2 bp −$102doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.12 bp6.3 bp −$67.3 bp −$7313.4 bp −$1,34329.4 bp −$14.7K

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 XAUTUSDTlong−0.0226%4h4,348.1long leg$26.2M$14.7M75x
Aftermath Perps XAUTUSD−0.0225%1h4,348.9+0.020%$56K$33K20xas long as short
Kraken Futures PF_XAUTUSD−0.0105%1h4,350.5+0.056%$5.3M$3.5M50xas long as short
Injective XAUT/USDC PERP−0.0039%1h4,339.7−0.193%$8K$119K30xas long as short
Gate XAUT_USDT0.0000%8h4,350+0.044%$132.0M$7.9M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,349.6+0.035%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0077%4h4,347.2−0.019%$33.2M$3.3Mas long as short
Bybit XAUTUSDT+0.0089%4h4,348.10.000%$120.5M$26.9M75xas long as short
MEXC XAUT_USDT+0.0090%4h4,347.9−0.004%$341.1M$280.7M1000xas long as short
Extended XAUT-USD+0.0096%1h4,348.2+0.002%$272K$217K25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0097%4h4,348.6+0.012%$17.7Mas long as short
Binance XAUTUSDT+0.0097%4h4,349+0.021%$35.4M$45.4M75xas long as short
Nado XAUT-PERP+0.0100%1h4,348−0.002%$4.2M$977K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,350.3+0.050%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,348.7+0.014%$622$114K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,347.8−0.006%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,349.6+0.035%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,353.8+0.132%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,346.3−0.041%$1.8M$230K75xas long as short
BloFin XAUT-USDTshort+0.0329%4h4,348.10.000%$2.4M$1.7M75x