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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: SunX against Derive+0.109%7-day average +0.070% · you sell dearer than you buy
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 7 days+0.005%$0 on $10k
Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.109%, 7d avg +0.070%
Together, before fees−0.037%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.039% dearer against Derive than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive XAUT-PERP4,358.40.0100pay 0.0013% / 1h10m 19s$1.8M$179K10x
ShortSunX XAUT-USDT4,363.10.0100get 0.0050% / 4h1h 10m$3K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.109% → +0.070%
$3.92
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$10.08
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; SunX: live order book, 7 min ago. 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 SunX live order book, 7 min ago253.56 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Derive: 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%1h4,354.4−0.091%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0186%4h4,356.8−0.035%$26.2M$14.8M75xas long as short
Kraken Futures PF_XAUTUSD−0.0105%1h4,359.7+0.031%$5.3M$3.5M50xas long as short
Injective XAUT/USDC PERP−0.0039%1h4,349.8−0.196%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,358.6+0.006%$132.0M$8.1M100xas long as short
MEXC XAUT_USDT+0.0046%4h4,356.6−0.040%$345.3M$285.6M1000xas long as short
Bybit XAUTUSDT+0.0049%4h4,356.6−0.040%$120.7M$27.0M75xas long as short
SoDEX XAUT-USD+0.0050%1h4,359.5+0.026%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0054%4h4,354.2−0.096%$33.2M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,356.7−0.037%$4.2M$984K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDT+0.0100%4h4,358.3−0.002%$35.5M$45.7M75xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,359.2+0.020%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,356.8−0.037%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,353.1−0.121%$540$111K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,357.8−0.013%$268$17K10xas long as short
Derive XAUT-PERPlong+0.0100%1h4,358.4long leg$1.8M$179K10x
SunX XAUT-USDTshort+0.0100%4h4,363.1+0.109%$3K$3.7M20x
HTX XAUT-USDT+0.0100%4h4,354−0.099%$1.9M$231K75xas long as short
Extended XAUT-USD+0.0104%1h4,357.3−0.024%$272K$217K25xas long as short
BloFin XAUT-USDT+0.0196%4h4,355−0.077%$2.3M$1.7M75xas long as short