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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Extended against HTX+0.062%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$300.300% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 3 days (all we have)−0.032%−$3 · spread now +0.062%, 7d avg +0.012%
Together, before fees+0.023%+ Points / potential airdropExtended: Active · farm board+$2 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: Extended is 0.050% dearer against HTX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAUT-USDT4,3540.0100pay 0.0050% / 4h1h 10m$1.9M$231K75x
ShortExtended XAUT-USD4,356.70.0104get 0.0013% / 1h10m 56s$272K$217K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.062% → +0.012%
$5.03
Slippage, 4 orders
−$13.02
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$24.16
Costs to cover
0.300%
Break-even
208.3 days
Slippage from HTX: live order book, 3 min ago; Extended: live order book, 6 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, 3 min ago1.97 bp16.2 bp −$1622.0 bp −$22041.2 bp −$4,118doesn't fit
Sell Extended live order book, 6 min ago0.12 bp2.8 bp −$36.3 bp −$63doesn'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−0.0203%1h4,353.6−0.009%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0188%4h4,356.6+0.059%$26.3M$14.8M75xas long as short
Kraken Futures PF_XAUTUSD−0.0105%1h4,358.3+0.098%$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%8h4,357.1+0.071%$131.9M$8.1M100xas long as short
Bybit XAUTUSDT+0.0048%4h4,356.6+0.059%$120.8M$27.0M75xas long as short
MEXC XAUT_USDT+0.0048%4h4,356.7+0.061%$345.3M$285.6M1000xas long as short
SoDEX XAUT-USD+0.0050%1h4,357.7+0.084%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0056%4h4,350.6−0.079%$33.2M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,355.4+0.031%$4.2M$983K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDT+0.0100%4h4,357.5+0.079%$35.5M$45.7M75xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,358.5+0.102%$11.6M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,355.2+0.026%$17.8Mas 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%4h4,356+0.045%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,357.1+0.071%$1.8M$179K10xas long as short
SunX XAUT-USDT+0.0100%4h4,361.2+0.165%$3K$3.7M20xas long as short
HTX XAUT-USDTlong+0.0100%4h4,354long leg$1.9M$231K75x
Extended XAUT-USDshort+0.0104%1h4,356.7+0.062%$272K$217K25x
BloFin XAUT-USDT+0.0196%4h4,355+0.022%$2.3M$1.7M75xas long as short