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−0.0336%/8h= −36.8% APRnext payment $1.68 per $10,000 · paid last 24h −0.072%
Price spread now: Bitget against BloFin+0.017%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.273% 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)−0.082%−$8 · spread now +0.017%, 7d avg −0.011%
Together, before fees−0.535%−$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.028% dearer against BloFin than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.011%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAUT-USDT4,3620.0174pay 0.0087% / 4h55m 00s$2.3M$1.7M75x
ShortBitget XAUTUSDT4,362.8−0.0162pay 0.0081% / 4h55m 00s$26.2M$14.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$70.66
Price spread: +0.017% → −0.011%
$2.79
Slippage, 4 orders
−$3.33
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$95.2
Costs to cover
0.273%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago0.23 bp6.6 bp −$77.5 bp −$7511.3 bp −$1,129doesn't fit
Sell Bitget live order book, 4 min ago0.01 bp7.1 bp −$78.4 bp −$84doesn'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−0.0202%1h4,361.9−0.003%$56K$32K20xas long as short
Bitget XAUTUSDTshort−0.0162%4h4,362.8+0.017%$26.2M$14.8M75x
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.280%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,364.2+0.050%$131.9M$7.8M100xas long as short
MEXC XAUT_USDT+0.0042%4h4,362.6+0.014%$342.9M$275.5M1000xas long as short
Bybit XAUTUSDT+0.0047%4h4,362.8+0.019%$120.8M$27.1M75xas long as short
SoDEX XAUT-USD+0.0050%1h4,365.5+0.080%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0050%4h4,360.6−0.033%$33.3M$3.2Mas long as short
Nado XAUT-PERP+0.0100%1h4,362.7+0.017%$4.2M$989K10xas long as short
Binance XAUTUSDT+0.0100%4h4,363.6+0.037%$35.6M$46.2M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,365.4+0.077%$11.4M$3.0M75xas long as short
BingX XAUT-USDT+0.0100%4h4,362.9+0.020%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,361.5−0.011%$624$111K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,363.1+0.025%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,364.9+0.065%$1.9M$180K10xas long as short
SunX XAUT-USDT+0.0100%4h4,368.5+0.149%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,361.3−0.016%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,362.8+0.017%$272K$217K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,364.9+0.067%$5.3M$3.6M50xas long as short
BloFin XAUT-USDTlong+0.0174%4h4,362long leg$2.3M$1.7M75x