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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.025%
Price spread now: Extended against Gate−0.027%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.230% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.118%+$12 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.027%, 7d avg −0.061%
Together, before fees+0.110%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.034% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XAUT_USDT4,3590get 0.0000% / 8h29m 41s$131.7M$8.0M100x
ShortExtended XAUT-USD4,357.80.0104get 0.0013% / 1h29m 41s$272K$231K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$21.84
Price spread: −0.027% → −0.061%
$3.37
Slippage, 4 orders
−$3.04
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$2.18
Costs to cover
0.230%
Break-even
6.3 days
Slippage from Gate: live order book, 4 min ago; Extended: live order book, 48 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, 4 min ago0.12 bp8.7 bp −$912.2 bp −$12220.6 bp −$2,06045.2 bp −$22.6K
Sell Extended live order book, 48 min ago0.12 bp2.8 bp −$36.3 bp −$63doesn'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−0.0160%1h4,359.8+0.018%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0120%4h4,357.8−0.028%$26.2M$14.9M75xas long as short
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.211%$8K$149K30xas long as short
Gate XAUT_USDTlong0.0000%8h4,359long leg$131.7M$8.0M100x
SoDEX XAUT-USD+0.0050%1h4,360.2+0.028%$10.2M$2.0M25xas long as short
MEXC XAUT_USDT+0.0054%4h4,358.2−0.018%$341.6M$278.2M1000xas long as short
Bybit XAUTUSDT+0.0055%4h4,357.6−0.031%$120.8M$27.3M75xas long as short
Variational Omni XAUT+0.0065%4h4,357.8−0.026%$33.3M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,357.5−0.035%$4.2M$995K10xas long as short
Binance XAUTUSDT+0.0100%4h4,358.7−0.007%$35.5M$46.2M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,360.1+0.025%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,358.5−0.011%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,358.4−0.013%$379$113K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,358.2−0.018%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,360+0.022%$1.9M$209K10xas long as short
SunX XAUT-USDT+0.0100%4h4,364.5+0.126%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,356.3−0.062%$1.9M$232K75xas long as short
Extended XAUT-USDshort+0.0104%1h4,357.8−0.027%$272K$231K25x
Kraken Futures PF_XAUTUSD+0.0105%1h4,360.4+0.031%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0225%4h4,357.5−0.034%$2.3M$1.7M75xas long as short