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 −0.017%
Price spread now: Bybit against KuCoin−0.032%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 7 days+0.003%$0 · spread now −0.032%, 7d avg −0.023%
Together, before fees−0.078%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XAUTUSDTM4,3220.0100pay 0.0050% / 4h52m 08s$12.3M$3.8M75x
ShortBybit XAUTUSDT4,320.60.0100get 0.0050% / 4h52m 08s$118.7M$36.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.032% → −0.023%
−$0.95
Slippage, 4 orders
−$5.38
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$29.33
Costs to cover
0.284%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago0.01 bp7.3 bp −$711.7 bp −$117doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.12 bp5.9 bp −$66.8 bp −$6813.8 bp −$1,378doesn't fit

XAUT on 20 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XAUTUSDT−0.0130%4h4,319.7−0.053%$24.3M$25.1M75xas long as short
Aftermath Perps XAUTUSD−0.0083%1h4,323.4+0.032%$55K$7K20xas long as short
Gate XAUT_USDT0.0000%8h4,322.1+0.003%$129.6M$10.5M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.643%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,317.7−0.099%$10.1M$2.2M25xas long as short
Extended XAUT-USD+0.0096%1h4,319.5−0.058%$274K$211K25xas long as short
Binance XAUTUSDT+0.0096%4h4,320.8−0.028%$36.2M$48.1M75xas long as short
Variational Omni XAUT+0.0100%4h4,319.6−0.055%$33.0M$3.1Mas long as short
Nado XAUT-PERP+0.0100%1h4,321−0.023%$4.2M$897K10xas long as short
Bybit XAUTUSDTshort+0.0100%4h4,320.6−0.032%$118.7M$36.7M75x
Show all 20 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,320.2−0.041%$392.9M$293.6M1000xas long as short
KuCoin XAUTUSDTMlong+0.0100%4h4,322long leg$12.3M$3.8M75x
BingX XAUT-USDT+0.0100%4h4,320.8−0.029%$20.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,321.2−0.019%$730$109K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,320.2−0.041%$265$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,321.1−0.020%$1.8M$435K10xas long as short
SunX XAUT-USDT+0.0100%4h4,325.8+0.087%$2K$2.5M20xas long as short
HTX XAUT-USDT+0.0100%4h4,319.4−0.059%$1.8M$180K75xas long as short
Kraken Futures PF_XAUTUSD+0.0133%1h4,320.2−0.043%$5.9M$5.9M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,321.1−0.021%$2.3M$731K75xas long as short