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+0.0055%/8h= +6.0% APRpaid last 24h −0.007%
Price spread now: Gate against Injective+0.200%7-day average −0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 3 days (all we have)−0.409%−$41 · spread now +0.200%, 7d avg −0.084%
Together, before fees−0.451%−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.284% dearer against Injective than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAUT/USDC PERP4,349.8−0.0055get 0.0007% / 1h30m 45s$8K$149K30x
ShortGate XAUT_USDT4,358.50get 0.0000% / 8h30m 45s$131.6M$8.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$11.51
Price spread: +0.200% → −0.084%
$28.45
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$24.94
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Gate live order book, 3 min ago0.12 bp8.7 bp −$911.4 bp −$11419.7 bp −$1,96851.3 bp −$25.7K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps XAUTUSD−0.0169%1h4,359.8+0.231%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0122%4h4,356.2+0.148%$26.2M$14.9M75xas long as short
Injective XAUT/USDC PERPlong−0.0055%1h4,349.8long leg$8K$149K30x
Gate XAUT_USDTshort0.0000%8h4,358.5+0.200%$131.6M$8.0M100x
SoDEX XAUT-USD+0.0050%1h4,359.9+0.232%$10.2M$2.0M25xas long as short
MEXC XAUT_USDT+0.0056%4h4,357.3+0.172%$341.5M$278.2M1000xas long as short
Bybit XAUTUSDT+0.0056%4h4,357.2+0.170%$120.8M$27.3M75xas long as short
Variational Omni XAUT+0.0065%4h4,357.8+0.185%$33.3M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,358.4+0.198%$4.2M$995K10xas long as short
Binance XAUTUSDT+0.0100%4h4,357.4+0.174%$35.5M$46.2M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,359.7+0.228%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,357.4+0.174%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,358.4+0.198%$379$113K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,358.7+0.205%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,360.2+0.238%$1.9M$209K10xas long as short
SunX XAUT-USDT+0.0100%4h4,366+0.373%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,356.3+0.149%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,357+0.164%$272K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,359.8+0.231%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0225%4h4,357.5+0.177%$2.3M$1.7M75xas long as short