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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.25 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against HTX+0.095%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 3 days (all we have)−0.025%−$2 · spread now +0.095%, 7d avg +0.040%
Together, before fees+0.008%+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.055% dearer against HTX than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of +0.040%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAUT-USDT4,342.20.0100pay 0.0050% / 4h2h 07m$1.8M$243K75x
ShortBybit XAUTUSDT4,346.30.0050get 0.0025% / 4h2h 07m$120.4M$27.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$10.44
Price spread: +0.095% → +0.040%
$5.51
Slippage, 4 orders
−$7.21
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$35.13
Costs to cover
0.302%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; Bybit: live order book, 2 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 ago1.28 bp8.3 bp −$814.9 bp −$14929.5 bp −$2,946doesn't fit
Sell Bybit live order book, 2 min ago0.12 bp5.6 bp −$67.3 bp −$7314.8 bp −$1,485doesn't fit

XAUT on 19 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−0.0264%1h4,347+0.112%$56K$30K20xas long as short
Bitget XAUTUSDT−0.0042%4h4,345.7+0.082%$25.8M$15.3M75xas long as short
Gate XAUT_USDT0.0000%8h4,347.7+0.127%$130.3M$8.3M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.176%$8K$149K30xas long as short
MEXC XAUT_USDT+0.0044%4h4,346+0.088%$342.6M$288.7M1000xas long as short
SoDEX XAUT-USD+0.0050%1h4,346.3+0.095%$10.1M$2.0M25xas long as short
Bybit XAUTUSDTshort+0.0050%4h4,346.3+0.095%$120.4M$27.6M75x
Variational Omni XAUT+0.0056%4h4,344.9+0.063%$33.0M$3.5Mas long as short
Nado XAUT-PERP+0.0100%1h4,346+0.089%$4.2M$996K10xas long as short
Binance XAUTUSDT+0.0100%4h4,345.7+0.082%$35.2M$46.7M75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,347.3+0.117%$11.3M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,346.5+0.099%$17.8Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,344+0.043%$317$110K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,345.9+0.086%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,347+0.111%$1.9M$269K10xas long as short
SunX XAUT-USDT+0.0100%4h4,351.6+0.217%$2K$3.5M20xas long as short
HTX XAUT-USDTlong+0.0100%4h4,342.2long leg$1.8M$243K75x
Extended XAUT-USD+0.0104%1h4,345.1+0.068%$272K$213K25xas long as short
Kraken Futures PF_XAUTUSD+0.0301%1h4,348.3+0.140%$5.7M$4.6M50xas long as short