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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against KuCoin−0.023%98s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.023%, 7d avg −0.026%
Together, before fees+0.043%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XAUTUSDTM4,339.30.0100pay 0.0050% / 4h3h 29m$11.5M$2.9M75x
ShortGRVT XAUT_USDT_Perp4,338.30.0100get 0.0050% / 4h3h 29m$308$107K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.023% → −0.026%
$0.3
Slippage, 4 orders
−$6.97
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$27.67
Costs to cover
0.280%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; GRVT: live order book, 22 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 bp6.6 bp −$711.9 bp −$119doesn't fitdoesn't fit
Sell GRVT live order book, 22 min ago1.59 bp6.1 bp −$6doesn't fitdoesn't fitdoesn'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−0.0340%1h4,338.5−0.018%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0044%4h4,337.8−0.035%$25.8M$15.4M75xas long as short
Gate XAUT_USDT0.0000%8h4,339.7+0.010%$130.4M$8.2M100xas long as short
Variational Omni XAUT+0.0028%4h4,338.1−0.027%$33.0M$3.5Mas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.243%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,337.2−0.048%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0055%4h4,338.4−0.020%$35.2M$45.3M75xas long as short
Extended XAUT-USD+0.0056%1h4,337.1−0.050%$272K$215K25xas long as short
Nado XAUT-PERP+0.0100%1h4,338−0.029%$4.2M$912K10xas long as short
Bybit XAUTUSDT+0.0100%4h4,338−0.029%$120.1M$27.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,338.4−0.020%$391.7M$271.1M1000xas long as short
KuCoin XAUTUSDTMlong+0.0100%4h4,339.3long leg$11.5M$2.9M75x
BingX XAUT-USDT+0.0100%4h4,338.7−0.012%$17.7Mas long as short
GRVT XAUT_USDT_Perpshort+0.0100%4h4,338.3−0.023%$308$107K10x
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,338.7−0.013%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,338.7−0.013%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,345+0.131%$3K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,337.8−0.034%$1.8M$227K75xas long as short
Kraken Futures PF_XAUTUSD+0.0138%1h4,340.1+0.020%$5.7M$4.4M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,338.7−0.013%$2.3M$1.6M75xas long as short