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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0246%/8h= +26.9% APRpaid last 24h +0.012%
Price spread now: Extended against Bitget+0.038%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$190.186% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.038%, 7d avg −0.022%
Together, before fees+0.035%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.060% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.022%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAUTUSDT4,340−0.0166get 0.0083% / 4h2h 53m$26.3M$14.9M75x
ShortExtended XAUT-USD4,341.60.0080get 0.0010% / 1h53m 56s$272K$217K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$51.66
Price spread: +0.038% → −0.022%
$5.99
Slippage, 4 orders
−$1.61
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$39.04
Costs to cover
0.186%
Break-even
1.7 days
Slippage from Bitget: live order book, 5 min ago; Extended: live order book, 33 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, 5 min ago0.01 bp6.2 bp −$610.8 bp −$108doesn't fitdoesn't fit
Sell Extended live order book, 33 min ago0.12 bp2.8 bp −$35.8 bp −$58doesn'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−0.0243%1h4,341.9+0.045%$56K$33K20xas long as short
Bitget XAUTUSDTlong−0.0166%4h4,340long leg$26.3M$14.9M75x
Kraken Futures PF_XAUTUSD−0.0097%1h4,344.1+0.094%$5.3M$3.4M50xas long as short
Injective XAUT/USDC PERP−0.0056%1h4,343.8+0.088%$8K$76K30xas long as short
Variational Omni XAUT−0.0011%4h4,341.9+0.045%$33.1M$3.3Mas long as short
Gate XAUT_USDT0.0000%8h4,343.9+0.090%$131.9M$8.9M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,343.8+0.088%$10.1M$2.1M25xas long as short
Extended XAUT-USDshort+0.0080%1h4,341.6+0.038%$272K$217K25x
Binance XAUTUSDT+0.0081%4h4,342.1+0.050%$35.3M$45.4M75xas long as short
Nado XAUT-PERP+0.0090%1h4,343+0.069%$4.2M$916K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUTUSDT+0.0100%4h4,342.7+0.063%$120.6M$27.3M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,343.1+0.072%$351.4M$275.5M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,343.8+0.087%$11.5M$3.3M75xas long as short
BingX XAUT-USDT+0.0100%4h4,341.9+0.045%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,342.4+0.056%$712$117K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,342.7+0.063%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,343.4+0.078%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,348.5+0.196%$2K$3.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,340.1+0.003%$1.8M$231K75xas long as short
BloFin XAUT-USDT+0.0340%4h4,342+0.047%$1.7M$1.7M75xas long as short