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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.067%
Price spread now: BloFin against MEXC0.000%94s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs+$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$170.167% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.478%+$48 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now 0.000%, 7d avg +0.005%
Together, before fees+0.550%+$55 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAUT_USDT4,316.50.0100pay 0.0050% / 4h2h 19m$358.4M$299.7M1000x
ShortBloFin XAUT-USDT4,316.50.0340get 0.0170% / 4h2h 19m$2.3M$725K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$50.4
Price spread: 0.000% → +0.005%
−$0.53
Slippage, 4 orders
−$0.72
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$33.15
Costs to cover
0.167%
Break-even
2.4 days
Slippage from MEXC: live order book, 3 min ago; BloFin: 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 MEXC live order book, 3 min ago0.12 bp2.1 bp −$22.2 bp −$224.1 bp −$41523.2 bp −$11.6K
Sell BloFin live order book, 1 min ago0.23 bp6.3 bp −$67.2 bp −$7211.7 bp −$1,17127.7 bp −$13.8K

XAUT on 19 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
Aftermath Perps XAUTUSD−0.0165%1h4,316.7+0.004%$55K$11K20xas long as short
Bitget XAUTUSDT−0.0150%4h4,316.5−0.001%$27.0M$22.6M75xas long as short
Gate XAUT_USDT0.0000%8h4,318.4+0.044%$130.4M$10.5M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.771%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,315.9−0.014%$10.1M$2.1M25xas long as short
Variational Omni XAUT+0.0088%4h4,316.1−0.010%$33.0M$3.6Mas long as short
Nado XAUT-PERP+0.0100%1h4,316.4−0.002%$4.2M$907K10xas long as short
Binance XAUTUSDT+0.0100%4h4,316.3−0.005%$36.0M$48.9M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,316.50.000%$118.9M$35.6M75xas long as short
MEXC XAUT_USDTlong+0.0100%4h4,316.5long leg$358.4M$299.7M1000x
Show all 19 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,318+0.035%$12.2M$3.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,317.7+0.027%$21.1Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,314.9−0.036%$721$108K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,315.8−0.016%$265$17K10xas long as short
SunX XAUT-USDT+0.0100%4h4,320.5+0.092%$2K$2.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,315−0.035%$1.8M$195K75xas long as short
Extended XAUT-USD+0.0104%1h4,315−0.035%$274K$206K25xas long as short
Kraken Futures PF_XAUTUSD+0.0174%1h4,318.1+0.037%$5.7M$5.5M50xas long as short
BloFin XAUT-USDTshort+0.0340%4h4,316.50.000%$2.3M$725K75x