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−0.0023%/8h= −2.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against HTX+0.028%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.339% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.028%, 7d avg +0.040%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAUT-USDT4,340.10.0100pay 0.0050% / 4h2h 46m$1.8M$231K75x
ShortBinance XAUTUSDT4,341.30.0077get 0.0038% / 4h2h 46m$35.3M$45.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
−$4.86
Price spread: +0.028% → +0.040%
−$1.24
Slippage, 4 orders
−$11.92
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$40.02
Costs to cover
0.339%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; Binance: live order book, 10 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 HTX live order book, 2 min ago4.90 bp11.8 bp −$1218.0 bp −$18039.8 bp −$3,976doesn't fit
Sell Binance live order book, 10 min ago0.01 bp5.0 bp −$56.7 bp −$6719.6 bp −$1,955doesn'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−0.0255%1h4,342.1+0.046%$56K$33K20xas long as short
Bitget XAUTUSDT−0.0190%4h4,339.4−0.016%$26.3M$14.9M75xas long as short
Kraken Futures PF_XAUTUSD−0.0097%1h4,343+0.068%$5.3M$3.4M50xas long as short
Injective XAUT/USDC PERP−0.0056%1h4,343.8+0.085%$8K$76K30xas long as short
Gate XAUT_USDT0.0000%8h4,343.2+0.072%$131.9M$8.9M100xas long as short
Variational Omni XAUT+0.0002%4h4,342.5+0.055%$33.1M$3.3Mas long as short
SoDEX XAUT-USD+0.0050%1h4,344+0.090%$10.1M$2.1M25xas long as short
Binance XAUTUSDTshort+0.0077%4h4,341.3+0.028%$35.3M$45.4M75x
Extended XAUT-USD+0.0080%1h4,340.9+0.018%$272K$217K25xas long as short
Nado XAUT-PERP+0.0100%1h4,342.4+0.054%$4.2M$917K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUTUSDT+0.0100%4h4,341.9+0.041%$120.6M$27.3M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,342.7+0.060%$351.2M$275.5M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,343.7+0.083%$11.5M$3.3M75xas long as short
BingX XAUT-USDT+0.0100%4h4,341.9+0.042%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,342+0.044%$643$116K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,342.1+0.046%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,343+0.068%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,347.6+0.173%$3K$3.8M20xas long as short
HTX XAUT-USDTlong+0.0100%4h4,340.1long leg$1.8M$231K75x
BloFin XAUT-USDT+0.0340%4h4,342.2+0.049%$2.4M$1.7M75xas long as short