Settings8H · net · $10k
Funding arb · Price arb /

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: BingX against Bybit0.000%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.219% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 7 days+0.008%+$1 · spread now 0.000%, 7d avg +0.004%
Together, before fees+0.086%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XAUTUSDT4,336.10.0092pay 0.0046% / 4h2h 38m$120.3M$27.9M75x
ShortBingX XAUT-USDT4,336.10.0096get 0.0048% / 4h2h 38m$17.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0.74
Price spread: 0.000% → +0.004%
−$0.43
Slippage, 4 orders
−$0.92
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$21.6
Costs to cover
0.219%
Break-even
210.4 days
Slippage from Bybit: live order book, 6 min ago; BingX: live order book, 10 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, 6 min ago0.12 bp5.7 bp −$66.6 bp −$6612.2 bp −$1,224doesn't fit
Sell BingX live order book, 10 min ago0.14 bp5.1 bp −$55.6 bp −$5610.9 bp −$1,09430.7 bp −$15.4K

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−0.0323%1h4,343.5+0.171%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0036%4h4,337.2+0.025%$25.8M$15.5M75xas long as short
Gate XAUT_USDT0.0000%8h4,340.1+0.092%$130.2M$8.0M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.316%$8K$149K30xas long as short
Variational Omni XAUT+0.0046%4h4,345.2+0.211%$33.1M$3.4Mas long as short
SoDEX XAUT-USD+0.0050%1h4,338.4+0.053%$10.1M$2.0M25xas long as short
MEXC XAUT_USDT+0.0086%4h4,335.7−0.009%$389.6M$269.1M1000xas long as short
Binance XAUTUSDT+0.0091%4h4,336−0.003%$35.2M$45.3M75xas long as short
Bybit XAUTUSDTlong+0.0092%4h4,336.1long leg$120.3M$27.9M75x
Extended XAUT-USD+0.0096%1h4,337.8+0.040%$268K$214K25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDTshort+0.0096%4h4,336.10.000%$17.7M
Nado XAUT-PERP+0.0100%1h4,338.8+0.062%$4.2M$883K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,336.7+0.014%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,343.9+0.179%$313$104K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,339.8+0.086%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,340.7+0.106%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,345.8+0.223%$3K$3.2M20xas long as short
HTX XAUT-USDT+0.0100%4h4,339.7+0.084%$1.8M$237K75xas long as short
Kraken Futures PF_XAUTUSD+0.0167%1h4,341.6+0.127%$5.6M$4.5M50xas long as short
BloFin XAUT-USDT+0.0326%4h4,340.5+0.102%$2.3M$1.6M75xas long as short