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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0324%/8h= −35.5% APRpaid last 24h −0.017%
Price spread now: Bitget against Nado0.000%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.055%−$5 on $10k
Price spread, last 7 days−0.007%−$1 · spread now 0.000%, 7d avg −0.010%
Together, before fees−0.062%+ Points / potential airdropNado: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.055% in total (about -6.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAUT-PERP4,348.20.0100pay 0.0012% / 1h42m 32s$4.2M$977K10x
ShortBitget XAUTUSDT4,348.2−0.0224pay 0.0112% / 4h1h 42m$26.2M$14.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Nado. 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
−$68.04
Price spread: 0.000% → −0.010%
$0.96
Slippage, 4 orders
−$5.31
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$91.39
Costs to cover
0.243%
Break-even
never at this rate
Slippage from Nado: live order book, 1 min ago; Bitget: 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 Nado live order book, 1 min ago0.12 bp4.4 bp −$47.3 bp −$73712.9 bp −$71.3Kdoesn't fit
Sell Bitget live order book, 1 min ago0.01 bp8.4 bp −$812.4 bp −$124doesn'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−0.0225%1h4,348.9+0.016%$56K$33K20xas long as short
Bitget XAUTUSDTshort−0.0224%4h4,348.20.000%$26.2M$14.7M75x
Kraken Futures PF_XAUTUSD−0.0105%1h4,350.5+0.052%$5.3M$3.5M50xas long as short
Injective XAUT/USDC PERP−0.0039%1h4,339.7−0.196%$8K$119K30xas long as short
Gate XAUT_USDT0.0000%8h4,350.2+0.045%$132.0M$7.9M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,349.6+0.031%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0077%4h4,347.2−0.023%$33.2M$3.3Mas long as short
Bybit XAUTUSDT+0.0087%4h4,348−0.005%$120.5M$26.9M75xas long as short
MEXC XAUT_USDT+0.0088%4h4,348−0.005%$341.1M$280.7M1000xas long as short
Extended XAUT-USD+0.0096%1h4,348.20.000%$272K$217K25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0097%4h4,348.7+0.009%$17.7Mas long as short
Binance XAUTUSDT+0.0097%4h4,349+0.017%$35.4M$45.4M75xas long as short
Nado XAUT-PERPlong+0.0100%1h4,348.2long leg$4.2M$977K10x
KuCoin XAUTUSDTM+0.0100%4h4,350.3+0.047%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,348.7+0.010%$622$114K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,347.8−0.010%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,349.6+0.031%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,353.8+0.128%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,346.3−0.045%$1.8M$230K75xas long as short
BloFin XAUT-USDT+0.0329%4h4,348.1−0.003%$2.4M$1.7M75xas long as short