Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: GRVT against Orderly+0.025%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on GRVT

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 days—no price history on both exchanges yet

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.025% dearer against Orderly than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_XAUT_USDC_mythos	4,320.7	0.0100	pay 0.0050% / 4h	2h 20m	$265	$17K	10x
Short	GRVT XAUT_USDT_Perp	4,321.8	0.0100	get 0.0050% / 4h	2h 20m	$946	$107K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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

Position, each leg$Hold fordaysFee OrderlybpFee GRVTbpOrdersPrice spread, now +0.025%Rate

Funding earned: $0
Price spread: +0.025% → 0.000%: $2.46
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$12.54
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 26 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell GRVT live order book, 26 min ago	1.16 bp	7.0 bp −$7	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAUTUSD	−0.0315%	1h	4,325.5	+0.111%	$56K	$29K	20x	as long as short
Bitget XAUTUSDT	−0.0036%	4h	4,320.2	−0.012%	$25.6M	$16.7M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,322.1	+0.032%	$130.1M	$8.5M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.674%	$8K	$149K	30x	as long as short
Variational Omni XAUT	+0.0034%	4h	4,318.4	−0.053%	$33.0M	$3.4M	—	as long as short
Bybit XAUTUSDT	+0.0035%	4h	4,320.6	−0.002%	$118.1M	$29.8M	75x	as long as short
MEXC XAUT_USDT	+0.0038%	4h	4,320.2	−0.012%	$357.0M	$283.0M	1000x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,318.1	−0.060%	$10.1M	$2.0M	25x	as long as short
Extended XAUT-USD	+0.0096%	1h	4,319.8	−0.022%	$267K	$214K	25x	as long as short
Binance XAUTUSDT	+0.0098%	4h	4,321.6	+0.022%	$35.3M	$46.9M	75x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XAUT-USDT	+0.0098%	4h	4,321.1	+0.010%	—	$18.8M	—	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,320.8	+0.001%	$4.2M	$912K	10x	as long as short
KuCoin XAUTUSDTM	+0.0100%	4h	4,322.3	+0.037%	$11.7M	$3.0M	75x	as long as short
GRVT XAUT_USDT_Perpshort	+0.0100%	4h	4,321.8	+0.025%	$946	$107K	10x
Orderly PERP_XAUT_USDC_mythoslong	+0.0100%	4h	4,320.7	long leg	$265	$17K	10x
Derive XAUT-PERP	+0.0100%	1h	4,320.4	−0.008%	$1.8M	$305K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,325.4	+0.109%	$2K	$3.3M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,320	−0.016%	$1.8M	$239K	75x	as long as short
BloFin XAUT-USDT	+0.0155%	4h	4,320.4	−0.007%	$2.3M	$1.6M	75x	as long as short
Kraken Futures PF_XAUTUSD	+0.0168%	1h	4,321.1	+0.008%	$5.7M	$4.8M	50x	as long as short