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+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h +0.057%
Price spread now: BloFin against HTX+0.022%59s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.396% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.501%+$50 on $10k
Price spread, last 3 days (all we have)+0.100%+$10 · spread now +0.022%, 7d avg +0.042%
Together, before fees+0.601%+$60 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.020% cheaper against HTX than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.042%). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.501% in total) that is about 7 hours. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAUT-USDT4,3540.0100pay 0.0050% / 4h1h 10m$1.9M$231K75x
ShortBloFin XAUT-USDT4,3550.0196get 0.0098% / 4h1h 10m$2.3M$1.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$20.13
Price spread: +0.022% → +0.042%
−$2
Slippage, 4 orders
−$15.57
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$21.45
Costs to cover
0.396%
Break-even
14.5 days
Slippage from HTX: live order book, 4 min ago; BloFin: 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 HTX live order book, 4 min ago1.97 bp16.2 bp −$1622.0 bp −$22041.2 bp −$4,118doesn't fit
Sell BloFin live order book, 3 min ago0.12 bp6.1 bp −$66.2 bp −$6210.3 bp −$1,03125.2 bp −$12.6K

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−0.0203%1h4,354.4+0.008%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0186%4h4,356.9+0.065%$26.2M$14.8M75xas long as short
Kraken Futures PF_XAUTUSD−0.0105%1h4,359.7+0.130%$5.3M$3.5M50xas long as short
Injective XAUT/USDC PERP−0.0039%1h4,349.8−0.097%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,358.7+0.107%$132.0M$8.1M100xas long as short
MEXC XAUT_USDT+0.0046%4h4,356.7+0.061%$345.3M$285.6M1000xas long as short
Bybit XAUTUSDT+0.0049%4h4,356.6+0.059%$120.7M$27.0M75xas long as short
SoDEX XAUT-USD+0.0050%1h4,359.5+0.126%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0054%4h4,354.2+0.003%$33.2M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,356.7+0.062%$4.2M$984K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDT+0.0100%4h4,358.3+0.099%$35.5M$45.7M75xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,359.3+0.120%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,356.8+0.063%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,353.1−0.021%$540$111K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,357.8+0.087%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,358.4+0.099%$1.8M$179K10xas long as short
SunX XAUT-USDT+0.0100%4h4,363.1+0.209%$3K$3.7M20xas long as short
HTX XAUT-USDTlong+0.0100%4h4,354long leg$1.9M$231K75x
Extended XAUT-USD+0.0104%1h4,357.3+0.076%$272K$217K25xas long as short
BloFin XAUT-USDTshort+0.0196%4h4,355+0.022%$2.3M$1.7M75x