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+0.0155%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.023%
Price spread now: Nado against Injective+0.348%49s7-day average −0.119% · 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 3 days (all we have)+0.072%+$7 on $10k
Price spread, last 3 days (all we have)−0.574%−$57 · spread now +0.348%, 7d avg −0.119%
Together, before fees−0.502%+ Points / potential airdropNado: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Nado is 0.467% dearer against Injective than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of −0.119%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAUT/USDC PERP4,349.8−0.0055get 0.0007% / 1h1m 45s$8K$149K30x
ShortNado XAUT-PERP4,3650.0100get 0.0012% / 1h1m 45s$4.2M$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$32.51
Price spread: +0.348% → −0.119%
$46.73
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$72.22
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Nado: live order book, 2 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 Nado live order book, 2 min ago0.11 bp4.4 bp −$47.6 bp −$76doesn't fitdoesn't fit
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−0.0142%1h4,365.7+0.365%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0078%4h4,366.7+0.388%$26.2M$15.1M75xas long as short
Injective XAUT/USDC PERPlong−0.0055%1h4,349.8long leg$8K$149K30x
Gate XAUT_USDT0.0000%8h4,368.2+0.423%$131.9M$8.1M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,366.5+0.384%$10.2M$2.0M25xas long as short
MEXC XAUT_USDT+0.0060%4h4,366.6+0.386%$344.0M$284.3M1000xas long as short
Bybit XAUTUSDT+0.0061%4h4,366.5+0.384%$121.1M$27.5M75xas long as short
Variational Omni XAUT+0.0077%4h4,363+0.303%$33.3M$3.4Mas long as short
Nado XAUT-PERPshort+0.0100%1h4,365+0.348%$4.2M$1.0M10x
Binance XAUTUSDT+0.0100%4h4,367.6+0.410%$35.6M$46.5M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,368.3+0.426%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,367.2+0.399%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,363.7+0.320%$781$115K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,365.2+0.354%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,366.4+0.382%$1.9M$213K10xas long as short
SunX XAUT-USDT+0.0100%4h4,371.9+0.509%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,363.4+0.313%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,366.7+0.390%$272K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,366.5+0.383%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0246%4h4,364.3+0.333%$2.3M$1.7M75xas long as short