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+0.0220%/8h= +24.1% APRnext payment +$1.10 per $10,000 · paid last 24h +0.017%
Price spread now: Orderly against Bitget−0.006%53s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAUTUSDT4,358.4−0.0120get 0.0060% / 4h29m 28s$26.2M$14.9M75x
ShortOrderly PERP_XAUT_USDC_mythos4,358.20.0100get 0.0050% / 4h29m 28s$268$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$46.2
Price spread: −0.006% → 0.000%
−$0.55
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$27.65
Costs to cover
0.180%
Break-even
2.8 days
Slippage unknown: Bitget: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago0.01 bp7.0 bp −$710.1 bp −$101doesn't fitdoesn't fit
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 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−0.0160%1h4,359.8+0.031%$56K$32K20xas long as short
Bitget XAUTUSDTlong−0.0120%4h4,358.4long leg$26.2M$14.9M75x
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.198%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,359.8+0.031%$131.7M$8.0M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,360.2+0.040%$10.2M$2.0M25xas long as short
MEXC XAUT_USDT+0.0054%4h4,358.2−0.006%$341.6M$278.2M1000xas long as short
Bybit XAUTUSDT+0.0055%4h4,358.3−0.003%$120.8M$27.3M75xas long as short
Variational Omni XAUT+0.0065%4h4,357.8−0.014%$33.3M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,358.40.000%$4.2M$995K10xas long as short
Binance XAUTUSDT+0.0100%4h4,359.5+0.024%$35.5M$46.2M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,360.1+0.038%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,358.5+0.002%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,358−0.011%$379$113K10xas long as short
Orderly PERP_XAUT_USDC_mythosshort+0.0100%4h4,358.2−0.006%$268$17K10x
Derive XAUT-PERP+0.0100%1h4,360+0.035%$1.9M$209K10xas long as short
SunX XAUT-USDT+0.0100%4h4,364.5+0.139%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,356.3−0.049%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,357.9−0.013%$272K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,360.4+0.044%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0225%4h4,357.5−0.022%$2.3M$1.7M75xas long as short