XAUT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h −0.013%

Price spread now: Kraken Futures against Bybit+0.041%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$220.216% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 3 days (all we have)−0.008%−$1 · spread now +0.041%, 7d avg +0.024%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XAUTUSDT	4,358.2	0.0100	pay 0.0050% / 4h	3h 37m	$121.0M	$27.8M	75x
Short	Kraken Futures PF_XAUTUSD	4,360	0.0118	get 0.0015% / 1h	37m 07s	$5.3M	$4.0M	50x

Funding history

latest

Range statsloading…

Kraken Futures against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BybitbpFee Kraken FuturesbpOrdersPrice spread, now +0.041%Rate

Slippage from Bybit: live order book, 2 min ago; Kraken Futures: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 2 min ago	0.12 bp	5.6 bp −$6	6.4 bp −$64	12.2 bp −$1,221	doesn't fit
Sell Kraken Futures live order book, 2 min ago	0.12 bp	5.1 bp −$5	6.5 bp −$65	15.5 bp −$1,551	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAUTUSD	−0.0190%	1h	4,359.4	+0.027%	$56K	$31K	20x	as long as short
Bitget XAUTUSDT	−0.0058%	4h	4,357.8	−0.009%	$25.9M	$15.3M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,359.5	+0.030%	$131.3M	$8.1M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	−0.193%	$8K	$149K	30x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,359.4	+0.028%	$10.2M	$2.0M	25x	as long as short
Variational Omni XAUT	+0.0097%	4h	4,360.2	+0.045%	$33.3M	$3.4M	—	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,358	−0.005%	$4.2M	$1.0M	10x	as long as short
Binance XAUTUSDT	+0.0100%	4h	4,358.4	+0.004%	$35.5M	$46.8M	75x	as long as short
Bybit XAUTUSDTlong	+0.0100%	4h	4,358.2	long leg	$121.0M	$27.8M	75x
MEXC XAUT_USDT	+0.0100%	4h	4,358.7	+0.011%	$339.0M	$280.3M	1000x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XAUTUSDTM	+0.0100%	4h	4,360.3	+0.048%	$11.4M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,357.8	−0.009%	—	$17.9M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,358.8	+0.014%	$554	$115K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,358.2	0.000%	$268	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,359.4	+0.027%	$1.9M	$245K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,362.3	+0.095%	$3K	$3.7M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,357	−0.028%	$1.9M	$231K	75x	as long as short
Extended XAUT-USD	+0.0104%	1h	4,356.8	−0.032%	$274K	$231K	25x	as long as short
Kraken Futures PF_XAUTUSDshort	+0.0118%	1h	4,360	+0.041%	$5.3M	$4.0M	50x
BloFin XAUT-USDT	+0.0340%	4h	4,358.7	+0.011%	$2.3M	$1.7M	75x	as long as short