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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.015%
Price spread now: SunX against Bybit+0.114%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$750.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$11 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.114%, 7d avg +0.102%
Together, before fees+0.135%+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.102%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XAUTUSDT4,347.7−0.0032get 0.0016% / 4h25m 10s$120.1M$28.1M75x
ShortSunX XAUT-USDT4,352.70.0100get 0.0050% / 4h25m 10s$2K$3.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$27.62
Price spread: +0.114% → +0.102%
$1.18
Slippage, 4 orders
−$56.21
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$46.4
Costs to cover
0.752%
Break-even
18.8 days
Slippage from Bybit: live order book, 4 min ago; SunX: live order book, 3 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, 4 min ago0.12 bp5.7 bp −$66.5 bp −$6511.8 bp −$1,182doesn't fit
Sell SunX live order book, 3 min ago21.50 bp38.4 bp −$3868.0 bp −$680doesn'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−0.0346%1h4,347.1−0.014%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0042%4h4,347.3−0.010%$25.9M$15.3M75xas long as short
Bybit XAUTUSDTlong−0.0032%4h4,347.7long leg$120.1M$28.1M75x
MEXC XAUT_USDT−0.0028%4h4,347.70.000%$375.7M$276.3M1000xas long as short
Variational Omni XAUT−0.0026%4h4,347.3−0.008%$33.1M$3.5Mas long as short
Gate XAUT_USDT0.0000%8h4,349.5+0.041%$130.5M$8.2M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.048%$8K$149K30xas long as short
Binance XAUTUSDT+0.0039%4h4,347.9+0.003%$35.1M$45.4M75xas long as short
Extended XAUT-USD+0.0040%1h4,346.7−0.023%$272K$215K25xas long as short
BingX XAUT-USDT+0.0040%4h4,348.3+0.013%$17.8Mas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX XAUT-USD+0.0050%1h4,347.4−0.007%$10.1M$2.0M25xas long as short
Nado XAUT-PERP+0.0100%1h4,347.2−0.013%$4.2M$963K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,349.6+0.043%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,348+0.007%$913$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,347−0.016%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,348.7+0.022%$1.8M$298K10xas long as short
SunX XAUT-USDTshort+0.0100%4h4,352.7+0.114%$2K$3.3M20x
HTX XAUT-USDT+0.0100%4h4,346.7−0.023%$1.8M$226K75xas long as short
BloFin XAUT-USDT+0.0212%4h4,347.6−0.002%$2.3M$1.6M75xas long as short
Kraken Futures PF_XAUTUSD+0.0222%1h4,349.9+0.051%$5.7M$4.5M50xas long as short