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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.007%
Price spread now: GRVT against Extended+0.124%52s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.124%, 7d avg +0.028%
Together, before fees−0.002%+ Points / potential airdropExtended: Active · GRVT: Active · farm board$0 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: GRVT is 0.096% dearer against Extended than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.028%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAUT-USD4,320.90.0096pay 0.0012% / 1h22m 38s$267K$214K25x
ShortGRVT XAUT_USDT_Perp4,326.30.0100get 0.0050% / 4h2h 22m$947$107K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Extended. 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
$0.84
Price spread: +0.124% → +0.028%
$9.62
Slippage, 4 orders
−$5.32
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$8.86
Costs to cover
0.193%
Break-even
80.8 days
Slippage from Extended: live order book, 25 min ago; GRVT: live order book, 24 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 Extended live order book, 25 min ago0.12 bp2.8 bp −$36.0 bp −$60doesn't fitdoesn't fit
Sell GRVT live order book, 24 min ago1.16 bp7.0 bp −$7doesn't fitdoesn'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−0.0317%1h4,326.9+0.137%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0034%4h4,321.5+0.013%$25.6M$16.6M75xas long as short
Gate XAUT_USDT0.0000%8h4,323.8+0.066%$130.1M$8.4M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.668%$8K$149K30xas long as short
Variational Omni XAUT+0.0042%4h4,326.9+0.139%$33.0M$3.4Mas long as short
Bybit XAUTUSDT+0.0044%4h4,322.1+0.027%$118.2M$29.7M75xas long as short
MEXC XAUT_USDT+0.0050%4h4,321.6+0.015%$357.0M$282.3M1000xas long as short
SoDEX XAUT-USD+0.0050%1h4,317.5−0.080%$10.1M$2.0M25xas long as short
Extended XAUT-USDlong+0.0096%1h4,320.9long leg$267K$214K25x
BingX XAUT-USDT+0.0096%4h4,321.7+0.018%$18.8Mas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDT+0.0097%4h4,322.3+0.030%$35.3M$46.8M75xas long as short
Nado XAUT-PERP+0.0100%1h4,318.8−0.051%$4.2M$908K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,323.3+0.055%$11.7M$3.0M75xas long as short
GRVT XAUT_USDT_Perpshort+0.0100%4h4,326.3+0.124%$947$107K10x
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,318.5−0.057%$265$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,319.5−0.034%$1.8M$305K10xas long as short
SunX XAUT-USDT+0.0100%4h4,324.1+0.073%$2K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,320−0.022%$1.8M$239K75xas long as short
Kraken Futures PF_XAUTUSD+0.0168%1h4,320.5−0.010%$5.7M$4.8M50xas long as short
BloFin XAUT-USDT+0.0231%4h4,317.5−0.080%$2.3M$1.6M75xas long as short