Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: Orderly against Nado−0.008%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XAUT-PERP	4,321.5	0.0100	pay 0.0012% / 1h	6m 56s	$4.2M	$936K	10x
Short	Orderly PERP_XAUT_USDC_mythos	4,321.2	0.0100	get 0.0050% / 4h	1h 06m	$265	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee NadobpFee OrderlybpOrdersPrice spread, now −0.008%Rate

Funding earned: $0
Price spread: −0.008% → 0.000%: −$0.81
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$13.81
Costs to cover: 0.130%
Break-even: 1418806012527212.8 days

Slippage unknown: Nado: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado live order book, 2 min ago	0.12 bp	4.5 bp −$4	7.2 bp −$72	719.9 bp −$72.0K	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAUT on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAUTUSD	−0.0237%	1h	4,321.7	+0.002%	$55K	$11K	20x	as long as short
Bitget XAUTUSDT	−0.0018%	4h	4,320.6	−0.022%	$25.4M	$17.0M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,322.5	+0.022%	$130.6M	$8.8M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.654%	$8K	$149K	30x	as long as short
Variational Omni XAUT	+0.0040%	4h	4,320.4	−0.028%	$33.0M	$3.3M	—	as long as short
MEXC XAUT_USDT	+0.0050%	4h	4,320.6	−0.022%	$361.3M	$282.6M	1000x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,320.8	−0.017%	$10.1M	$2.1M	25x	as long as short
Bybit XAUTUSDT	+0.0052%	4h	4,320.5	−0.024%	$119.2M	$30.8M	75x	as long as short
Nado XAUT-PERPlong	+0.0100%	1h	4,321.5	long leg	$4.2M	$936K	10x
Binance XAUTUSDT	+0.0100%	4h	4,321	−0.012%	$35.4M	$47.3M	75x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XAUTUSDTM	+0.0100%	4h	4,322.9	+0.030%	$11.6M	$3.1M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,321.1	−0.010%	—	$18.9M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,321.6	+0.001%	$687	$110K	10x	as long as short
Orderly PERP_XAUT_USDC_mythosshort	+0.0100%	4h	4,321.2	−0.008%	$265	$17K	10x
Derive XAUT-PERP	+0.0100%	1h	4,321.9	+0.008%	$1.8M	$378K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,327.4	+0.135%	$2K	$3.1M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,320.3	−0.028%	$1.8M	$251K	75x	as long as short
Extended XAUT-USD	+0.0104%	1h	4,319.8	−0.041%	$267K	$214K	25x	as long as short
BloFin XAUT-USDT	+0.0208%	4h	4,321.9	+0.008%	$2.3M	$1.6M	75x	as long as short
Kraken Futures PF_XAUTUSD	+0.0230%	1h	4,323.5	+0.045%	$5.7M	$4.9M	50x	as long as short