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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against GRVT+0.174%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$770.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.174%, 7d avg +0.103%
Together, before fees−0.050%+ Points / potential airdropGRVT: 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: SunX is 0.071% dearer against GRVT than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.103%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XAUT_USDT_Perp4,338.30.0100pay 0.0050% / 4h3h 30m$308$107K10x
ShortSunX XAUT-USDT4,345.80.0100get 0.0050% / 4h3h 30m$3K$3.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.174% → +0.103%
$7.15
Slippage, 4 orders
−$60.15
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$70.01
Costs to cover
0.772%
Break-even
never at this rate
Slippage from GRVT: live order book, 21 min ago; SunX: live order book, 7 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, 21 min ago1.59 bp7.2 bp −$79.0 bp −$90doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago21.50 bp38.4 bp −$3868.0 bp −$680doesn'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−0.0344%1h4,338.2−0.001%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0044%4h4,337.6−0.016%$25.8M$15.4M75xas long as short
Gate XAUT_USDT0.0000%8h4,340+0.040%$130.4M$8.2M100xas long as short
Variational Omni XAUT+0.0028%4h4,338.1−0.004%$33.0M$3.5Mas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.266%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,337.5−0.018%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0054%4h4,338.4+0.003%$35.2M$45.3M75xas long as short
Extended XAUT-USD+0.0056%1h4,337.1−0.028%$272K$215K25xas long as short
Nado XAUT-PERP+0.0100%1h4,338.9+0.015%$4.2M$911K10xas long as short
Bybit XAUTUSDT+0.0100%4h4,338.6+0.007%$120.1M$27.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,338.6+0.008%$391.8M$271.1M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,339.5+0.028%$11.5M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,338.8+0.012%$17.7Mas long as short
GRVT XAUT_USDT_Perplong+0.0100%4h4,338.3long leg$308$107K10x
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,338.7+0.010%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,339.3+0.024%$1.8M$304K10xas long as short
SunX XAUT-USDTshort+0.0100%4h4,345.8+0.174%$3K$3.3M20x
HTX XAUT-USDT+0.0100%4h4,337.8−0.011%$1.8M$227K75xas long as short
Kraken Futures PF_XAUTUSD+0.0138%1h4,340.1+0.043%$5.7M$4.4M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,338.7+0.010%$2.3M$1.6M75xas long as short