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−0.0054%/8h= −5.9% APRpaid last 24h +0.008%
Price spread now: Bitget against Gate−0.049%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.103%+$10 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.049%, 7d avg −0.044%
Together, before fees+0.112%+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.103%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XAUT_USDT4,354.50get 0.0000% / 8h7h 21m$131.2M$8.1M100x
ShortBitget XAUTUSDT4,352.4−0.0054pay 0.0027% / 4h3h 21m$25.9M$15.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: −0.049% → −0.044%
−$0.42
Slippage, 4 orders
−$5.7
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$44.47
Costs to cover
0.327%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Bitget: 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 Gate live order book, 3 min ago0.12 bp9.2 bp −$911.9 bp −$11920.1 bp −$2,01447.0 bp −$23.5K
Sell Bitget live order book, 3 min ago0.01 bp7.3 bp −$79.3 bp −$93doesn'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−0.0233%1h4,356+0.034%$56K$31K20xas long as short
Bitget XAUTUSDTshort−0.0054%4h4,352.4−0.049%$25.9M$15.2M75x
Gate XAUT_USDTlong0.0000%8h4,354.5long leg$131.2M$8.1M100x
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.108%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,355.4+0.021%$10.2M$2.0M25xas long as short
Nado XAUT-PERP+0.0100%1h4,353.8−0.015%$4.2M$1.0M10xas long as short
Binance XAUTUSDT+0.0100%4h4,353.5−0.022%$35.4M$46.7M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,353.4−0.025%$120.9M$27.8M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,353.6−0.021%$337.4M$281.7M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,355.5+0.023%$11.4M$2.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0100%4h4,353.7−0.018%$17.9Mas long as short
Variational Omni XAUT+0.0100%4h4,352.9−0.036%$33.1M$3.5Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,356.1+0.037%$466$113K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,354.3−0.005%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,355.2+0.016%$1.9M$220K10xas long as short
SunX XAUT-USDT+0.0100%4h4,359.8+0.122%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,351.9−0.060%$1.8M$231K75xas long as short
Extended XAUT-USD+0.0104%1h4,352.3−0.049%$274K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0118%1h4,355.9+0.032%$5.3M$4.0M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,353.1−0.032%$2.3M$1.6M75xas long as short