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−0.0146%/8h= −15.9% APRnext payment $0.73 per $10,000 · paid last 24h −0.064%
Price spread now: Binance against BloFin+0.052%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$220.223% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.450%−$45 on $10k
Price spread, last 3 days (all we have)−0.099%−$10 · spread now +0.052%, 7d avg −0.001%
Together, before fees−0.549%−$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.053% dearer against BloFin than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.001%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAUT-USDT4,365.70.0246pay 0.0123% / 4h0m 40s$2.3M$1.7M75x
ShortBinance XAUTUSDT4,367.90.0100get 0.0050% / 4h0m 40s$35.6M$46.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$30.56
Price spread: +0.052% → −0.001%
$5.27
Slippage, 4 orders
−$0.3
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.59
Costs to cover
0.223%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 min ago; Binance: live order book, 11 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 BloFin live order book, 7 min ago0.12 bp6.1 bp −$67.7 bp −$7713.8 bp −$1,379doesn't fit
Sell Binance live order book, 11 min ago0.01 bp5.1 bp −$56.4 bp −$6414.1 bp −$1,410doesn'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−0.0141%1h4,366+0.008%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0074%4h4,367+0.030%$26.2M$15.1M75xas long as short
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.364%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,368.7+0.069%$131.8M$8.1M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,370+0.098%$10.2M$2.0M25xas long as short
MEXC XAUT_USDT+0.0064%4h4,367.3+0.037%$343.2M$284.6M1000xas long as short
Bybit XAUTUSDT+0.0066%4h4,367.4+0.039%$121.1M$27.5M75xas long as short
Variational Omni XAUT+0.0078%4h4,365.9+0.004%$33.3M$3.4Mas long as short
Nado XAUT-PERP+0.0100%1h4,366.7+0.024%$4.2M$1.0M10xas long as short
Binance XAUTUSDTshort+0.0100%4h4,367.9+0.052%$35.6M$46.6M75x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,369.2+0.081%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,367.8+0.047%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,363.7−0.046%$781$115K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,367.3+0.037%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,369.9+0.096%$1.9M$213K10xas long as short
SunX XAUT-USDT+0.0100%4h4,374.1+0.192%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,363.4−0.052%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,367+0.031%$272K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,370+0.098%$5.3M$3.6M50xas long as short
BloFin XAUT-USDTlong+0.0246%4h4,365.7long leg$2.3M$1.7M75x