Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%

Price spread now: MEXC against HTX+0.065%7-day average +0.033% · 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−$26as in the Price arb table

costs, in and out, $10k−$300.295% of the position

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.065%, 7d avg +0.033%

Together, before fees+0.040%+$4 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: MEXC is 0.032% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAUT-USDT	4,340.9	0.0100	pay 0.0050% / 4h	2h 56m	$1.8M	$236K	75x
Short	MEXC XAUT_USDT	4,343.7	0.0100	get 0.0050% / 4h	2h 56m	$388.8M	$265.6M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → +0.033%: $3.2
Slippage, 4 orders: −$13.53
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$26.33
Costs to cover: 0.295%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; MEXC: live order book, 3 min ago.

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	5.36 bp	13.2 bp −$13	18.7 bp −$187	33.4 bp −$3,338	doesn't fit
Sell MEXC live order book, 3 min ago	0.23 bp	2.5 bp −$2	2.6 bp −$26	5.6 bp −$562	20.9 bp −$10.4K

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 XAUTUSD	−0.0336%	1h	4,343.5	+0.061%	$56K	$29K	20x	as long as short
Bitget XAUTUSDT	−0.0036%	4h	4,343.6	+0.063%	$25.9M	$15.5M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,345.1	+0.097%	$130.6M	$8.0M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.206%	$8K	$149K	30x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,343.9	+0.070%	$10.1M	$2.0M	25x	as long as short
Variational Omni XAUT	+0.0054%	4h	4,342.4	+0.035%	$33.1M	$3.4M	—	as long as short
Extended XAUT-USD	+0.0088%	1h	4,342.8	+0.045%	$268K	$214K	25x	as long as short
Binance XAUTUSDT	+0.0090%	4h	4,344.3	+0.079%	$35.3M	$45.2M	75x	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,343.6	+0.062%	$4.2M	$911K	10x	as long as short
Bybit XAUTUSDT	+0.0100%	4h	4,343.6	+0.063%	$120.5M	$27.9M	75x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XAUT_USDTshort	+0.0100%	4h	4,343.7	+0.065%	$388.8M	$265.6M	1000x
KuCoin XAUTUSDTM	+0.0100%	4h	4,345.3	+0.101%	$11.5M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,343.9	+0.071%	—	$17.8M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,342.8	+0.045%	$300	$105K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,343.8	+0.067%	$267	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,344.9	+0.093%	$1.8M	$304K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,349.5	+0.199%	$3K	$3.3M	20x	as long as short
HTX XAUT-USDTlong	+0.0100%	4h	4,340.9	long leg	$1.8M	$236K	75x
Kraken Futures PF_XAUTUSD	+0.0167%	1h	4,346	+0.119%	$5.7M	$4.5M	50x	as long as short
BloFin XAUT-USDT	+0.0340%	4h	4,342	+0.026%	$2.3M	$1.6M	75x	as long as short