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+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Nado against Gate−0.051%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.096%+$10 on $10k
Price spread, last 7 days+0.040%+$4 · spread now −0.051%, 7d avg −0.035%
Together, before fees+0.135%+ Points / potential airdropNado: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XAUT_USDT4,343.80get 0.0000% / 8h4h 50m$130.6M$8.1M100x
ShortNado XAUT-PERP4,341.60.0100get 0.0012% / 1h50m 47s$4.2M$981K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
Price spread: −0.051% → −0.035%
−$1.67
Slippage, 4 orders
−$3.87
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$6.54
Costs to cover
0.259%
Break-even
9.2 days
Slippage from Gate: live order book, 3 min ago; Nado: 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 bp8.4 bp −$810.9 bp −$10918.1 bp −$1,80842.9 bp −$21.4K
Sell Nado live order book, 3 min ago0.12 bp3.6 bp −$46.4 bp −$64doesn'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−0.0322%1h4,343.80.000%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0042%4h4,341.9−0.045%$26.0M$15.2M75xas long as short
Bybit XAUTUSDT−0.0036%4h4,341.6−0.051%$119.9M$28.1M75xas long as short
MEXC XAUT_USDT−0.0036%4h4,341.7−0.048%$354.3M$271.9M1000xas long as short
Variational Omni XAUT−0.0019%4h4,340.2−0.083%$33.0M$3.6Mas long as short
Gate XAUT_USDTlong0.0000%8h4,343.8long leg$130.6M$8.1M100x
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.138%$8K$149K30xas long as short
Extended XAUT-USD+0.0048%1h4,341.1−0.062%$272K$213K25xas long as short
Binance XAUTUSDT+0.0049%4h4,342−0.041%$35.1M$45.6M75xas long as short
SoDEX XAUT-USD+0.0050%1h4,341.9−0.044%$10.1M$2.0M25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0052%4h4,341.9−0.043%$17.8Mas long as short
Nado XAUT-PERPshort+0.0100%1h4,341.6−0.051%$4.2M$981K10x
KuCoin XAUTUSDTM+0.0100%4h4,344.1+0.008%$11.4M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,343.80.000%$1K$109K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,342−0.041%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,343−0.018%$1.8M$295K10xas long as short
SunX XAUT-USDT+0.0100%4h4,348.6+0.111%$2K$3.4M20xas long as short
HTX XAUT-USDT+0.0100%4h4,340.8−0.069%$1.8M$234K75xas long as short
BloFin XAUT-USDT+0.0204%4h4,342.2−0.037%$2.3M$1.6M75xas long as short
Kraken Futures PF_XAUTUSD+0.0222%1h4,344.4+0.013%$5.7M$4.5M50xas long as short