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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Binance against KuCoin−0.011%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 7 days−0.017%−$2 · spread now −0.011%, 7d avg −0.021%
Together, before fees−0.074%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XAUTUSDTM4,311.40.0100pay 0.0050% / 4h3h 51m$12.0M$3.3M75x
ShortBinance XAUTUSDT4,3110.0100get 0.0050% / 4h3h 51m$35.8M$47.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$0
Price spread: −0.011% → −0.021%
$1.07
Slippage, 4 orders
−$4.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$25.38
Costs to cover
0.265%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Binance: live order book, 6 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 KuCoin live order book, 7 min ago0.01 bp7.3 bp −$718.2 bp −$182doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago0.01 bp5.5 bp −$57.4 bp −$7415.3 bp −$1,528doesn't fit

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−0.0215%1h4,307.3−0.095%$55K$11K20xas long as short
Bitget XAUTUSDT−0.0072%4h4,310.7−0.017%$27.4M$20.7M75xas long as short
Gate XAUT_USDT0.0000%8h4,309.9−0.035%$130.4M$9.2M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.890%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,305.6−0.135%$10.1M$2.1M25xas long as short
Variational Omni XAUT+0.0083%4h4,304.6−0.157%$32.7M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,309.6−0.044%$4.1M$962K10xas long as short
Binance XAUTUSDTshort+0.0100%4h4,311−0.011%$35.8M$47.7M75x
Bybit XAUTUSDT+0.0100%4h4,310.7−0.017%$118.6M$31.7M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,311.5+0.002%$376.1M$281.5M1000xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTMlong+0.0100%4h4,311.4long leg$12.0M$3.3M75x
BingX XAUT-USDT+0.0100%4h4,310.2−0.029%$19.6Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,308.2−0.075%$741$108K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,308.3−0.073%$265$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,306.3−0.119%$1.8M$350K10xas long as short
SunX XAUT-USDT+0.0100%4h4,311.40.000%$3K$3.0M20xas long as short
HTX XAUT-USDT+0.0100%4h4,306.3−0.120%$1.8M$205K75xas long as short
Extended XAUT-USD+0.0104%1h4,309−0.056%$265K$198K25xas long as short
Kraken Futures PF_XAUTUSD+0.0290%1h4,308.8−0.060%$5.8M$5.4M50xas long as short
BloFin XAUT-USDT+0.0297%4h4,308.3−0.073%$2.3M$1.6M75xas long as short