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−0.0003%/8h= −0.3% APRnext payment $0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.012%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$160.160% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.012%, 7d avg +0.004%
Together, before fees−0.010%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAUT_USDT4,322.10.0038pay 0.0019% / 4h2h 20m$357.2M$283.1M1000x
ShortBybit XAUTUSDT4,322.60.0035get 0.0017% / 4h2h 20m$118.2M$29.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$0.63
Price spread: +0.012% → +0.004%
$0.79
Slippage, 4 orders
−$1.05
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$15.89
Costs to cover
0.160%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Bybit: 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 MEXC live order book, 4 min ago0.35 bp2.3 bp −$22.4 bp −$244.4 bp −$43824.2 bp −$12.1K
Sell Bybit live order book, 4 min ago0.12 bp5.6 bp −$67.0 bp −$7012.9 bp −$1,291doesn'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−0.0320%1h4,323.9+0.040%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0036%4h4,321.9−0.004%$25.6M$16.7M75xas long as short
Gate XAUT_USDT0.0000%8h4,322.8+0.016%$130.2M$8.5M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.641%$8K$149K30xas long as short
Variational Omni XAUT+0.0034%4h4,318.4−0.086%$33.0M$3.4Mas long as short
Bybit XAUTUSDTshort+0.0035%4h4,322.6+0.012%$118.2M$29.8M75x
MEXC XAUT_USDTlong+0.0038%4h4,322.1long leg$357.2M$283.1M1000x
SoDEX XAUT-USD+0.0050%1h4,322−0.002%$10.1M$2.0M25xas long as short
Extended XAUT-USD+0.0096%1h4,320.8−0.030%$267K$214K25xas long as short
Binance XAUTUSDT+0.0098%4h4,323.2+0.026%$35.3M$46.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0098%4h4,321.1−0.023%$18.8Mas long as short
Nado XAUT-PERP+0.0100%1h4,319.9−0.050%$4.2M$912K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,323.5+0.031%$11.7M$3.0M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,321.8−0.008%$946$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,322.3+0.005%$266$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,322.7+0.015%$1.8M$305K10xas long as short
SunX XAUT-USDT+0.0100%4h4,328.1+0.138%$3K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,318−0.095%$1.8M$239K75xas long as short
BloFin XAUT-USDT+0.0155%4h4,320.4−0.039%$2.3M$1.6M75xas long as short
Kraken Futures PF_XAUTUSD+0.0168%1h4,324.7+0.060%$5.7M$4.8M50xas long as short