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−0.0002%/8h= −0.2% APRnext payment $0.01 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against Orderly−0.059%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.059% cheaper against Orderly than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XAUT_USDC_mythos4,323.70.0100pay 0.0050% / 4h2h 23m$266$17K10x
ShortBinance XAUTUSDT4,321.20.0098get 0.0049% / 4h2h 23m$35.3M$46.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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
−$0.42
Price spread: −0.059% → 0.000%
−$5.87
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$22.29
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Binance live order book, 3 min ago0.01 bp5.3 bp −$58.1 bp −$8114.6 bp −$1,457doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps XAUTUSD−0.0315%1h4,329.5+0.134%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0034%4h4,318.9−0.111%$25.6M$16.6M75xas long as short
Gate XAUT_USDT0.0000%8h4,322.1−0.037%$130.1M$8.4M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.604%$8K$149K30xas long as short
Variational Omni XAUT+0.0042%4h4,326.9+0.075%$33.0M$3.4Mas long as short
SoDEX XAUT-USD+0.0050%1h4,323.6−0.002%$10.1M$2.0M25xas long as short
Bybit XAUTUSDT+0.0058%4h4,320.3−0.078%$118.2M$29.6M75xas long as short
MEXC XAUT_USDT+0.0068%4h4,320.6−0.072%$358.6M$281.3M1000xas long as short
Extended XAUT-USD+0.0096%1h4,319.4−0.100%$267K$214K25xas long as short
BingX XAUT-USDT+0.0096%4h4,320.8−0.067%$18.8Mas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDTshort+0.0098%4h4,321.2−0.059%$35.3M$46.8M75x
Nado XAUT-PERP+0.0100%1h4,325.5+0.041%$4.2M$905K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,322−0.040%$11.7M$3.0M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,325.7+0.045%$415$107K10xas long as short
Orderly PERP_XAUT_USDC_mythoslong+0.0100%4h4,323.7long leg$266$17K10x
Derive XAUT-PERP+0.0100%1h4,324.2+0.012%$1.8M$305K10xas long as short
SunX XAUT-USDT+0.0100%4h4,328.3+0.106%$2K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,323.2−0.011%$1.8M$239K75xas long as short
Kraken Futures PF_XAUTUSD+0.0168%1h4,324.7+0.022%$5.7M$4.7M50xas long as short
BloFin XAUT-USDT+0.0273%4h4,330.4+0.155%$2.3M$1.6M75xas long as short