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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.009%
Price spread now: SoDEX against Extended−0.024%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$140.139% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.024%, 7d avg +0.074%
Together, before fees+0.213%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.098% cheaper against Extended than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.074%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAUT-USD4,3110.0104pay 0.0013% / 1h47m 16s$265K$198K25x
ShortSoDEX XAUT-USD4,3100.0050get 0.0006% / 1h47m 16s$10.1M$2.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$11.34
Price spread: −0.024% → +0.074%
−$9.82
Slippage, 4 orders
−$0.91
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$35.07
Costs to cover
0.139%
Break-even
never at this rate
Slippage from Extended: live order book, 50 min ago; SoDEX: live order book, 2 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, 50 min ago0.12 bp2.8 bp −$36.8 bp −$68doesn't fitdoesn't fit
Sell SoDEX live order book, 2 min ago0.12 bp4.1 bp −$44.9 bp −$4942.8 bp −$4,281doesn'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−0.0211%1h4,310.9−0.004%$55K$11K20xas long as short
Bitget XAUTUSDT−0.0076%4h4,311.9+0.019%$27.5M$20.7M75xas long as short
Gate XAUT_USDT0.0000%8h4,314.3+0.076%$130.4M$9.2M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.899%$8K$149K30xas long as short
SoDEX XAUT-USDshort+0.0050%1h4,310−0.024%$10.1M$2.1M25x
Variational Omni XAUT+0.0082%4h4,311.2+0.005%$32.7M$3.4Mas long as short
Nado XAUT-PERP+0.0100%1h4,311.6+0.012%$4.1M$963K10xas long as short
Binance XAUTUSDT+0.0100%4h4,312.2+0.027%$35.8M$47.7M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,312.6+0.036%$118.7M$31.8M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,312.7+0.039%$380.6M$282.8M1000xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,314.5+0.079%$12.0M$3.3M75xas long as short
BingX XAUT-USDT+0.0100%4h4,312.7+0.038%$19.6Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,312.4+0.032%$302$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,312.7+0.039%$265$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,313.1+0.048%$1.7M$350K10xas long as short
SunX XAUT-USDT+0.0100%4h4,316.2+0.119%$2K$3.0M20xas long as short
HTX XAUT-USDT+0.0100%4h4,311.6+0.012%$1.8M$205K75xas long as short
Extended XAUT-USDlong+0.0104%1h4,311long leg$265K$198K25x
Kraken Futures PF_XAUTUSD+0.0290%1h4,314+0.068%$5.8M$5.4M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,312+0.022%$2.3M$1.7M75xas long as short