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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0348%/8h= −38.1% APRnext payment $0.43 per $10,000 · paid last 24h −0.054%
Price spread now: Aftermath Perps against Derive−0.038%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Aftermath Perps is 0.038% cheaper against Derive than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive XAUT-PERP4,343.50.0100pay 0.0013% / 1h51m 42s$1.8M$175K10x
ShortAftermath Perps XAUTUSD4,341.9−0.0248pay 0.0031% / 1h51m 42s$56K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Derive. 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
−$73.06
Price spread: −0.038% → 0.000%
−$3.83
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$91.89
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Aftermath Perps: 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 Derive no order-book sample
Sell Aftermath Perps no order-book sample
Derive and Aftermath Perps: 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 XAUTUSDshort−0.0248%1h4,341.9−0.038%$56K$33K20x
Bitget XAUTUSDT−0.0176%4h4,339.7−0.087%$26.3M$14.9M75xas long as short
Kraken Futures PF_XAUTUSD−0.0097%1h4,344+0.011%$5.3M$3.4M50xas long as short
Injective XAUT/USDC PERP−0.0056%1h4,343.8+0.007%$8K$76K30xas long as short
Variational Omni XAUT−0.0011%4h4,341.9−0.037%$33.1M$3.3Mas long as short
Gate XAUT_USDT0.0000%8h4,343.7+0.004%$131.9M$8.9M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,343.9+0.009%$10.1M$2.1M25xas long as short
Extended XAUT-USD+0.0080%1h4,341.3−0.051%$272K$217K25xas long as short
Binance XAUTUSDT+0.0081%4h4,341.7−0.041%$35.3M$45.4M75xas long as short
Nado XAUT-PERP+0.0096%1h4,342.8−0.016%$4.2M$917K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUTUSDT+0.0100%4h4,342.6−0.020%$120.6M$27.2M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,342.6−0.021%$351.3M$275.5M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,344.3+0.018%$11.5M$3.3M75xas long as short
BingX XAUT-USDT+0.0100%4h4,341.9−0.037%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,342.4−0.026%$643$116K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,342.4−0.026%$267$17K10xas long as short
Derive XAUT-PERPlong+0.0100%1h4,343.5long leg$1.8M$175K10x
SunX XAUT-USDT+0.0100%4h4,348.5+0.115%$2K$3.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,340.1−0.079%$1.8M$231K75xas long as short
BloFin XAUT-USDT+0.0340%4h4,342.7−0.019%$2.4M$1.7M75xas long as short