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+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.013%
Price spread now: Orderly against Bybit−0.014%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), 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 XAUTUSDT4,356.60.0048pay 0.0024% / 4h1h 10m$120.7M$27.0M75x
ShortOrderly PERP_XAUT_USDC_mythos4,3560.0100get 0.0050% / 4h1h 10m$268$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$10.94
Price spread: −0.014% → 0.000%
−$1.38
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$7.44
Costs to cover
0.170%
Break-even
11.8 days
Slippage unknown: Bybit: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

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 bp5.9 bp −$66.9 bp −$6913.8 bp −$1,376doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0203%1h4,353.6−0.068%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0186%4h4,357+0.008%$26.2M$14.8M75xas long as short
Kraken Futures PF_XAUTUSD−0.0105%1h4,358.3+0.039%$5.3M$3.5M50xas long as short
Injective XAUT/USDC PERP−0.0039%1h4,349.8−0.156%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,358.6+0.046%$132.0M$8.1M100xas long as short
MEXC XAUT_USDT+0.0046%4h4,356.7+0.002%$345.3M$285.6M1000xas long as short
Bybit XAUTUSDTlong+0.0048%4h4,356.6long leg$120.7M$27.0M75x
SoDEX XAUT-USD+0.0050%1h4,357.7+0.025%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0056%4h4,350.6−0.138%$33.2M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,355.4−0.028%$4.2M$983K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDT+0.0100%4h4,358.2+0.038%$35.5M$45.7M75xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,359.1+0.058%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,356.8+0.004%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,353.1−0.080%$540$111K10xas long as short
Orderly PERP_XAUT_USDC_mythosshort+0.0100%4h4,356−0.014%$268$17K10x
Derive XAUT-PERP+0.0100%1h4,357.1+0.012%$1.8M$179K10xas long as short
SunX XAUT-USDT+0.0100%4h4,361.2+0.106%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,354−0.059%$1.9M$231K75xas long as short
Extended XAUT-USD+0.0104%1h4,357.3+0.017%$272K$217K25xas long as short
BloFin XAUT-USDT+0.0196%4h4,355−0.037%$2.3M$1.7M75xas long as short