Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h +0.019%

Price spread now: BingX against Injective−0.101%102s7-day average −0.104% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 4 days (all we have)−0.181%−$18 · spread now −0.101%, 7d avg −0.104%

Together, before fees−0.048%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XAUT/USDC PERP	4,349.8	0.0033	pay 0.0004% / 1h	27m 35s	$8K	$149K	30x
Short	BingX XAUT-USDT	4,345.4	0.0040	get 0.0020% / 4h	27m 35s	—	$17.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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 InjectivebpFee BingXbpOrdersPrice spread, now −0.101%Rate

Funding earned: $1.4
Price spread: −0.101% → −0.104%: $0.26
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BingX: 5 bp × 2 orders: −$10
Net: −$8.36
Costs to cover: 0.100%
Break-even: 48.8 days

Slippage unknown: Injective: no order-book sample; BingX: live order book, 11 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell BingX live order book, 11 min ago	0.13 bp	5.1 bp −$5	6.7 bp −$67	11.3 bp −$1,128	35.1 bp −$17.6K

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0349%	1h	4,344.2	−0.129%	$56K	$29K	20x	as long as short
Bitget XAUTUSDT	−0.0042%	4h	4,345.3	−0.103%	$25.9M	$15.3M	75x	as long as short
Bybit XAUTUSDT	−0.0032%	4h	4,345.4	−0.101%	$120.0M	$28.0M	75x	as long as short
MEXC XAUT_USDT	−0.0030%	4h	4,345.5	−0.099%	$358.1M	$274.1M	1000x	as long as short
Variational Omni XAUT	−0.0029%	4h	4,344.2	−0.129%	$33.1M	$3.5M	—	as long as short
Gate XAUT_USDT	0.0000%	8h	4,347.2	−0.060%	$130.6M	$8.1M	100x	as long as short
Injective XAUT/USDC PERPlong	+0.0033%	1h	4,349.8	long leg	$8K	$149K	30x
Binance XAUTUSDT	+0.0039%	4h	4,345.4	−0.101%	$35.1M	$45.3M	75x	as long as short
Extended XAUT-USD	+0.0040%	1h	4,344.2	−0.129%	$272K	$215K	25x	as long as short
BingX XAUT-USDTshort	+0.0040%	4h	4,345.4	−0.101%	—	$17.8M	—

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX XAUT-USD	+0.0050%	1h	4,344.9	−0.113%	$10.1M	$2.0M	25x	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,345.3	−0.105%	$4.2M	$964K	10x	as long as short
KuCoin XAUTUSDTM	+0.0100%	4h	4,347.2	−0.060%	$11.5M	$2.9M	75x	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,344.6	−0.119%	$912	$107K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,344.4	−0.124%	$267	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,346.1	−0.085%	$1.8M	$297K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,350.7	+0.020%	$3K	$3.4M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,344	−0.133%	$1.8M	$226K	75x	as long as short
BloFin XAUT-USDT	+0.0207%	4h	4,345.6	−0.097%	$2.3M	$1.6M	75x	as long as short
Kraken Futures PF_XAUTUSD	+0.0222%	1h	4,347.8	−0.047%	$5.7M	$4.5M	50x	as long as short