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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against KuCoin+0.083%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$790.790% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.083%, 7d avg +0.072%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XAUTUSDTM4,371.80.0100pay 0.0050% / 4h3h 53m$11.4M$2.9M75x
ShortSunX XAUT-USDT4,375.40.0100get 0.0050% / 4h3h 53m$3K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.083% → +0.072%
$1.05
Slippage, 4 orders
−$59.04
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$77.99
Costs to cover
0.790%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 4 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, 5 min ago0.01 bp7.3 bp −$713.5 bp −$135doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago21.51 bp38.4 bp −$3868.0 bp −$680doesn'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−0.0145%1h4,369.3−0.056%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0068%4h4,369.7−0.048%$26.1M$15.3M75xas long as short
Bybit XAUTUSDT−0.0036%4h4,370.5−0.029%$121.1M$27.7M75xas long as short
MEXC XAUT_USDT−0.0034%4h4,370.7−0.024%$339.9M$276.4M1000xas long as short
Gate XAUT_USDT0.0000%8h4,371.1−0.015%$131.6M$7.9M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.502%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,371.9+0.003%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0084%4h4,371.3−0.011%$33.4M$3.4Mas long as short
Nado XAUT-PERP+0.0100%1h4,369.7−0.048%$4.2M$1.0M10xas long as short
Binance XAUTUSDT+0.0100%4h4,370.7−0.024%$35.7M$46.8M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTMlong+0.0100%4h4,371.8long leg$11.4M$2.9M75x
BingX XAUT-USDT+0.0100%4h4,370.2−0.036%$18.0Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,372.5+0.018%$835$116K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,369.8−0.045%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,371.9+0.002%$1.9M$240K10xas long as short
SunX XAUT-USDTshort+0.0100%4h4,375.4+0.083%$3K$3.7M20x
HTX XAUT-USDT+0.0100%4h4,368.5−0.074%$1.9M$231K75xas long as short
Extended XAUT-USD+0.0104%1h4,369−0.063%$274K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0118%1h4,372+0.006%$5.3M$3.9M50xas long as short
BloFin XAUT-USDT+0.0332%4h4,370.5−0.029%$2.3M$1.7M75xas long as short