Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0352%/8h= −38.6% APRpaid last 24h −0.058%

Price spread now: Aftermath Perps against HTX+0.044%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aftermath Perps is 0.044% dearer against HTX than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAUT-USDT	4,340.1	0.0100	pay 0.0050% / 4h	2h 50m	$1.8M	$231K	75x
Short	Aftermath Perps XAUTUSD	4,342	−0.0252	pay 0.0032% / 1h	50m 43s	$56K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$73.98
Price spread: +0.044% → 0.000%: $4.38
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$90.6
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 3 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 3 min ago	3.72 bp	12.0 bp −$12	18.5 bp −$185	40.0 bp −$4,001	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAUT on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAUTUSDshort	−0.0252%	1h	4,342	+0.044%	$56K	$33K	20x
Bitget XAUTUSDT	−0.0176%	4h	4,339.4	−0.016%	$26.3M	$14.9M	75x	as long as short
Kraken Futures PF_XAUTUSD	−0.0097%	1h	4,343.7	+0.084%	$5.3M	$3.4M	50x	as long as short
Injective XAUT/USDC PERP	−0.0056%	1h	4,343.8	+0.085%	$8K	$76K	30x	as long as short
Variational Omni XAUT	−0.0011%	4h	4,341.9	+0.042%	$33.1M	$3.3M	—	as long as short
Gate XAUT_USDT	0.0000%	8h	4,343.6	+0.081%	$131.9M	$8.9M	100x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,343.9	+0.088%	$10.1M	$2.1M	25x	as long as short
Extended XAUT-USD	+0.0080%	1h	4,341.1	+0.023%	$272K	$217K	25x	as long as short
Binance XAUTUSDT	+0.0081%	4h	4,341.3	+0.028%	$35.3M	$45.4M	75x	as long as short
Nado XAUT-PERP	+0.0099%	1h	4,342.5	+0.057%	$4.2M	$917K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUTUSDT	+0.0100%	4h	4,342.3	+0.050%	$120.6M	$27.3M	75x	as long as short
MEXC XAUT_USDT	+0.0100%	4h	4,342.5	+0.056%	$351.3M	$275.5M	1000x	as long as short
KuCoin XAUTUSDTM	+0.0100%	4h	4,343.7	+0.084%	$11.5M	$3.3M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,341.9	+0.042%	—	$17.7M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,342.4	+0.052%	$643	$116K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,342.1	+0.046%	$267	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,343.5	+0.078%	$1.8M	$175K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,348.1	+0.185%	$3K	$3.8M	20x	as long as short
HTX XAUT-USDTlong	+0.0100%	4h	4,340.1	long leg	$1.8M	$231K	75x
BloFin XAUT-USDT	+0.0340%	4h	4,342.6	+0.058%	$2.4M	$1.7M	75x	as long as short