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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment $0.13 per $10,000 · paid last 24h −0.020%
Price spread now: MEXC against KuCoin−0.043%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$190.188% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 7 days+0.018%+$2 · spread now −0.043%, 7d avg −0.025%
Together, before fees−0.068%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XAUTUSDTM4,326.70.0100pay 0.0050% / 4h2h 27m$11.7M$3.0M75x
ShortMEXC XAUT_USDT4,324.80.0074get 0.0037% / 4h2h 27m$382.0M$275.2M1000x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$5.46
Price spread: −0.043% → −0.025%
−$1.76
Slippage, 4 orders
−$2.76
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$25.98
Costs to cover
0.188%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 1 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, 6 min ago0.01 bp7.8 bp −$815.4 bp −$154doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.12 bp2.6 bp −$32.7 bp −$277.2 bp −$71628.0 bp −$14.0K

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−0.0316%1h4,332+0.123%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0036%4h4,324.5−0.050%$25.7M$16.5M75xas long as short
Gate XAUT_USDT0.0000%8h4,327+0.008%$130.0M$8.3M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.535%$8K$149K30xas long as short
Variational Omni XAUT+0.0044%4h4,329.8+0.072%$33.0M$3.4Mas long as short
SoDEX XAUT-USD+0.0050%1h4,324.5−0.050%$10.1M$2.0M25xas long as short
MEXC XAUT_USDTshort+0.0074%4h4,324.8−0.043%$382.0M$275.2M1000x
Bybit XAUTUSDT+0.0075%4h4,324.6−0.048%$119.1M$28.9M75xas long as short
BingX XAUT-USDT+0.0094%4h4,324.8−0.043%$17.9Mas long as short
Extended XAUT-USD+0.0096%1h4,323.3−0.078%$268K$214K25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDT+0.0097%4h4,324.7−0.044%$35.2M$46.3M75xas long as short
Nado XAUT-PERP+0.0100%1h4,325.8−0.020%$4.2M$899K10xas long as short
KuCoin XAUTUSDTMlong+0.0100%4h4,326.7long leg$11.7M$3.0M75x
GRVT XAUT_USDT_Perp+0.0100%4h4,333+0.146%$416$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,324.2−0.057%$266$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,325−0.037%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,329.5+0.064%$3K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,323.2−0.079%$1.8M$238K75xas long as short
Kraken Futures PF_XAUTUSD+0.0168%1h4,326.4−0.007%$5.6M$4.7M50xas long as short
BloFin XAUT-USDT+0.0300%4h4,328.3+0.038%$2.3M$1.6M75xas long as short