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+0.0110%/8h= +12.1% APRpaid last 24h −0.005%
Price spread now: Injective against Bitget+0.088%81s7-day average · you sell dearer than you buy
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−0.069%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Injective is 0.088% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAUTUSDT4,340−0.0166get 0.0083% / 4h2h 53m$26.3M$14.9M75x
ShortInjective XAUT/USDC PERP4,343.8−0.0056pay 0.0007% / 1h53m 59s$8K$76K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$23.18
Price spread: +0.088% → 0.000%
$8.8
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$19.96
Costs to cover
0.120%
Break-even
1.0 days
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago0.01 bp6.2 bp −$610.8 bp −$108doesn't fitdoesn't fit
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
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 PERPshort−0.0056%1h4,343.8+0.088%$8K$76K30x
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-USD+0.0080%1h4,341.6+0.038%$272K$217K25xas long as short
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