XAUT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.5% APRnext payment −$0.09 per $10,000 · paid last 24h +0.013%

Price spread now: SoDEX against Kraken Futures−0.025%7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$190.186% of the position

Long on Kraken Futures Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.012%−$1 on $10k

Price spread, last 3 days (all we have)+0.098%+$10 · spread now −0.025%, 7d avg +0.029%

Together, before fees+0.085%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.054% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.029%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XAUTUSD	4,359.6	0.0118	pay 0.0015% / 1h	28m 59s	$5.3M	$4.0M	50x
Short	SoDEX XAUT-USD	4,358.5	0.0050	get 0.0006% / 1h	28m 59s	$10.2M	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee SoDEXbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$14.31
Price spread: −0.025% → +0.029%: −$5.37
Slippage, 4 orders: −$0.62
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$38.31
Costs to cover: 0.186%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 5 min ago; SoDEX: live order book, 5 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 Kraken Futures live order book, 5 min ago	0.12 bp	5.3 bp −$5	8.0 bp −$80	17.4 bp −$1,738	doesn't fit
Sell SoDEX live order book, 5 min ago	0.12 bp	4.1 bp −$4	4.8 bp −$48	43.0 bp −$4,297	doesn't fit

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	−0.0191%	1h	4,358.2	−0.032%	$56K	$31K	20x	as long as short
Bitget XAUTUSDT	−0.0056%	4h	4,356.6	−0.069%	$25.9M	$15.2M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,358.6	−0.023%	$131.3M	$8.1M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	−0.224%	$8K	$149K	30x	as long as short
SoDEX XAUT-USDshort	+0.0050%	1h	4,358.5	−0.025%	$10.2M	$2.0M	25x
Variational Omni XAUT	+0.0100%	4h	4,356.9	−0.062%	$33.2M	$3.4M	—	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,356.9	−0.063%	$4.2M	$998K	10x	as long as short
Binance XAUTUSDT	+0.0100%	4h	4,357.6	−0.045%	$35.5M	$46.7M	75x	as long as short
Bybit XAUTUSDT	+0.0100%	4h	4,357.8	−0.041%	$121.0M	$27.8M	75x	as long as short
MEXC XAUT_USDT	+0.0100%	4h	4,357.2	−0.055%	$338.5M	$281.1M	1000x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XAUTUSDTM	+0.0100%	4h	4,359.1	−0.012%	$11.4M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,356.7	−0.066%	—	$17.9M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,357.4	−0.050%	$732	$116K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,357.6	−0.045%	$268	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,358.6	−0.022%	$1.9M	$216K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,362	+0.056%	$3K	$3.7M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,356.1	−0.079%	$1.9M	$230K	75x	as long as short
Extended XAUT-USD	+0.0104%	1h	4,355.6	−0.091%	$274K	$231K	25x	as long as short
Kraken Futures PF_XAUTUSDlong	+0.0118%	1h	4,359.6	long leg	$5.3M	$4.0M	50x
BloFin XAUT-USDT	+0.0340%	4h	4,358.4	−0.027%	$2.3M	$1.6M	75x	as long as short