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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h +0.005%
Price spread now: BingX against Kraken Futures−0.034%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.034%, 7d avg −0.020%
Together, before fees+0.015%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XAUTUSD4,334.80.0168pay 0.0021% / 1h36m 06s$5.6M$4.6M50x
ShortBingX XAUT-USDT4,333.40.0092get 0.0046% / 4h2h 36m$17.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Kraken Futures. 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
−$15.86
Price spread: −0.034% → −0.020%
−$1.36
Slippage, 4 orders
−$3.23
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$40.46
Costs to cover
0.232%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; BingX: live order book, 2 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 Kraken Futures live order book, 3 min ago0.12 bp5.3 bp −$57.6 bp −$7617.0 bp −$1,696doesn't fit
Sell BingX live order book, 2 min ago0.14 bp5.5 bp −$67.5 bp −$7512.7 bp −$1,27135.1 bp −$17.6K

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−0.0319%1h4,341.3+0.148%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0036%4h4,333−0.043%$25.9M$16.2M75xas long as short
Gate XAUT_USDT0.0000%8h4,335.1+0.006%$130.1M$8.1M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.345%$8K$149K30xas long as short
Variational Omni XAUT+0.0046%4h4,345.2+0.240%$33.1M$3.4Mas long as short
SoDEX XAUT-USD+0.0050%1h4,331.4−0.079%$10.1M$2.0M25xas long as short
Bybit XAUTUSDT+0.0083%4h4,333.1−0.040%$120.3M$27.9M75xas long as short
MEXC XAUT_USDT+0.0084%4h4,333−0.042%$389.4M$270.5M1000xas long as short
Extended XAUT-USD+0.0088%1h4,331.5−0.077%$268K$214K25xas long as short
Binance XAUTUSDT+0.0091%4h4,333.4−0.033%$35.2M$45.4M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDTshort+0.0092%4h4,333.4−0.034%$17.7M
Nado XAUT-PERP+0.0100%1h4,335.7+0.019%$4.2M$888K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,335+0.004%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,339.7+0.112%$1K$105K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,332.8−0.047%$266$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,333.6−0.028%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,338.1+0.074%$3K$3.2M20xas long as short
HTX XAUT-USDT+0.0100%4h4,334.7−0.003%$1.8M$236K75xas long as short
Kraken Futures PF_XAUTUSDlong+0.0168%1h4,334.8long leg$5.6M$4.6M50x
BloFin XAUT-USDT+0.0326%4h4,336.2+0.031%$2.3M$1.6M75xas long as short