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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: Nado against GRVT+0.070%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$200.197% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.016%+$2 on $10k
Price spread, last 3 days (all we have)−0.069%−$7 · spread now +0.070%, 7d avg 0.000%
Together, before fees−0.053%+ Points / potential airdropGRVT: Active · Nado: Active · farm board−$5 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: Nado is 0.070% dearer against GRVT than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XAUT_USDT_Perp4,363.70.0100pay 0.0050% / 4h0m 58s$781$115K10x
ShortNado XAUT-PERP4,366.70.0100get 0.0012% / 1h0m 58s$4.2M$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against GRVT. 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
Price spread: +0.070% → 0.000%
$7
Slippage, 4 orders
−$3.67
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$12.67
Costs to cover
0.197%
Break-even
never at this rate
Slippage from GRVT: live order book, 11 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 GRVT live order book, 11 min ago1.24 bp5.7 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 3 min ago0.11 bp4.4 bp −$47.6 bp −$76doesn'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−0.0141%1h4,366+0.053%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0078%4h4,368+0.097%$26.2M$15.1M75xas long as short
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.319%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,369.3+0.128%$131.9M$8.1M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,370+0.144%$10.2M$2.0M25xas long as short
MEXC XAUT_USDT+0.0060%4h4,367.2+0.080%$343.2M$284.6M1000xas long as short
Bybit XAUTUSDT+0.0066%4h4,367.6+0.089%$121.1M$27.5M75xas long as short
Variational Omni XAUT+0.0078%4h4,365.9+0.049%$33.3M$3.4Mas long as short
Nado XAUT-PERPshort+0.0100%1h4,366.7+0.070%$4.2M$1.0M10x
Binance XAUTUSDT+0.0100%4h4,368.1+0.101%$35.6M$46.6M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,369.5+0.133%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,368.1+0.101%$17.9Mas long as short
GRVT XAUT_USDT_Perplong+0.0100%4h4,363.7long leg$781$115K10x
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,367.3+0.082%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,369.9+0.142%$1.9M$213K10xas long as short
SunX XAUT-USDT+0.0100%4h4,374.1+0.238%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,363.4−0.007%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,367.8+0.095%$272K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,370+0.144%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0246%4h4,365.7+0.046%$2.3M$1.7M75xas long as short