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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Nado against MEXC−0.010%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$140.144% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.039%+$4 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.010%, 7d avg +0.012%
Together, before fees+0.047%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.021% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAUT_USDT4,3390.0100pay 0.0050% / 4h2h 10m$344.4M$278.4M1000x
ShortNado XAUT-PERP4,338.60.0100get 0.0012% / 1h10m 04s$4.2M$995K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
Price spread: −0.010% → +0.012%
−$2.13
Slippage, 4 orders
−$3.43
Fee MEXC: 2 bp × 2 orders
−$4
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$16.56
Costs to cover
0.144%
Break-even
never at this rate
Slippage from MEXC: live order book, 9 min ago; Nado: 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, 9 min ago0.46 bp2.5 bp −$23.1 bp −$3127.2 bp −$2,72468.1 bp −$34.1K
Sell Nado live order book, 4 min ago0.12 bp3.6 bp −$45.5 bp −$55355.6 bp −$35.6Kdoesn'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
Bitget XAUTUSDT−0.0234%4h4,338.3−0.016%$26.3M$15.3M75xas long as short
Aftermath Perps XAUTUSD−0.0213%1h4,338.3−0.015%$56K$33K20xas long as short
Kraken Futures PF_XAUTUSD−0.0097%1h4,340.8+0.042%$5.3M$3.6M50xas long as short
Injective XAUT/USDC PERP−0.0056%1h4,343.8+0.111%$8K$76K30xas long as short
Gate XAUT_USDT0.0000%8h4,340.6+0.037%$132.0M$9.1M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,341.6+0.060%$10.1M$2.1M25xas long as short
Variational Omni XAUT+0.0053%4h4,338−0.022%$33.1M$3.3Mas long as short
Extended XAUT-USD+0.0072%1h4,337.8−0.028%$272K$217K25xas long as short
Binance XAUTUSDT+0.0073%4h4,338.4−0.014%$35.4M$46.0M75xas long as short
Nado XAUT-PERPshort+0.0100%1h4,338.6−0.010%$4.2M$995K10x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUTUSDT+0.0100%4h4,338.2−0.018%$120.2M$28.1M75xas long as short
MEXC XAUT_USDTlong+0.0100%4h4,339long leg$344.4M$278.4M1000x
KuCoin XAUTUSDTM+0.0100%4h4,340.6+0.036%$11.6M$3.3M75xas long as short
BingX XAUT-USDT+0.0100%4h4,338.3−0.017%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,338.5−0.011%$655$115K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,338.6−0.009%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,340.1+0.025%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,343.1+0.094%$3K$3.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,337.3−0.040%$1.8M$230K75xas long as short
BloFin XAUT-USDT+0.0340%4h4,338.1−0.021%$2.4M$1.7M75xas long as short