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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.009%
Price spread now: Extended against SoDEX−0.028%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$140.139% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.013%+$1 on $10k
Price spread, last 3 days (all we have)−0.122%−$12 · spread now −0.028%, 7d avg −0.081%
Together, before fees−0.109%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.053% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XAUT-USD4,359.40.0050pay 0.0006% / 1h36m 53s$10.2M$2.0M25x
ShortExtended XAUT-USD4,358.20.0104get 0.0013% / 1h36m 53s$274K$231K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SoDEX. 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
$11.34
Price spread: −0.028% → −0.081%
$5.34
Slippage, 4 orders
−$0.89
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$2.79
Costs to cover
0.139%
Break-even
5.3 days
Slippage from SoDEX: live order book, 2 min ago; Extended: live order book, 35 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 SoDEX live order book, 2 min ago0.12 bp4.1 bp −$45.0 bp −$5046.2 bp −$4,623doesn't fit
Sell Extended live order book, 35 min ago0.12 bp2.8 bp −$36.6 bp −$66doesn'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−0.0190%1h4,359.4−0.001%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0058%4h4,358.4−0.023%$26.0M$15.3M75xas long as short
Gate XAUT_USDT0.0000%8h4,359.5+0.002%$131.3M$8.1M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.220%$8K$149K30xas long as short
SoDEX XAUT-USDlong+0.0050%1h4,359.4long leg$10.2M$2.0M25x
Variational Omni XAUT+0.0097%4h4,360.2+0.018%$33.3M$3.4Mas long as short
Nado XAUT-PERP+0.0100%1h4,358−0.032%$4.2M$1.0M10xas long as short
Binance XAUTUSDT+0.0100%4h4,359.2−0.004%$35.5M$46.8M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,358.8−0.014%$121.0M$27.8M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,358.8−0.014%$339.0M$280.4M1000xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,360.9+0.035%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,358.9−0.012%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,358.8−0.013%$554$115K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,358.2−0.028%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,359.40.000%$1.9M$245K10xas long as short
SunX XAUT-USDT+0.0100%4h4,362.3+0.067%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,357−0.055%$1.9M$231K75xas long as short
Extended XAUT-USDshort+0.0104%1h4,358.2−0.028%$274K$231K25x
Kraken Futures PF_XAUTUSD+0.0118%1h4,360+0.014%$5.3M$4.0M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,358.7−0.016%$2.3M$1.7M75xas long as short