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+0.0056%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against Bybit+0.019%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.225% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.019%, 7d avg 0.000%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XAUTUSDT4,362.80.0044pay 0.0022% / 4h55m 50s$120.8M$27.1M75x
ShortBinance XAUTUSDT4,363.60.0100get 0.0050% / 4h55m 50s$35.5M$46.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$11.84
Price spread: +0.019% → 0.000%
$1.85
Slippage, 4 orders
−$1.47
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$8.78
Costs to cover
0.225%
Break-even
12.2 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 16 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 Bybit live order book, 3 min ago0.12 bp6.4 bp −$67.1 bp −$7113.3 bp −$1,330doesn't fit
Sell Binance live order book, 16 min ago0.01 bp5.0 bp −$55.8 bp −$5815.1 bp −$1,513doesn'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−0.0198%1h4,361.4−0.031%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0162%4h4,362.3−0.011%$26.2M$14.8M75xas long as short
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.298%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,364+0.028%$131.9M$7.8M100xas long as short
MEXC XAUT_USDT+0.0040%4h4,362.9+0.002%$343.0M$275.5M1000xas long as short
Bybit XAUTUSDTlong+0.0044%4h4,362.8long leg$120.8M$27.1M75x
SoDEX XAUT-USD+0.0050%1h4,364.7+0.044%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0053%4h4,361.1−0.040%$33.3M$3.2Mas long as short
Nado XAUT-PERP+0.0100%1h4,361.4−0.033%$4.2M$989K10xas long as short
Binance XAUTUSDTshort+0.0100%4h4,363.6+0.019%$35.5M$46.1M75x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,364.7+0.043%$11.4M$3.0M75xas long as short
BingX XAUT-USDT+0.0100%4h4,362.7−0.002%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,362.4−0.009%$1K$111K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,362.6−0.005%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,363.6+0.018%$1.9M$179K10xas long as short
SunX XAUT-USDT+0.0100%4h4,367.9+0.117%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,354.6−0.187%$1.9M$231K75xas long as short
Extended XAUT-USD+0.0104%1h4,362.7−0.001%$272K$217K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,364.5+0.038%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0166%4h4,360.8−0.046%$2.3M$1.7M75xas long as short