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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against SunX−0.179%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$740.741% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 3 days (all we have)+0.071%+$7 · spread now −0.179%, 7d avg −0.096%
Together, before fees+0.034%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.083% cheaper against SunX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XAUT-USDT4,365.60.0100pay 0.0050% / 4h27m 29s$2K$3.7M20x
ShortBingX XAUT-USDT4,357.70.0100get 0.0050% / 4h27m 29s$17.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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
Price spread: −0.179% → −0.096%
−$8.3
Slippage, 4 orders
−$56.14
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$82.44
Costs to cover
0.741%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; BingX: live order book, 11 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 SunX live order book, 10 min ago21.51 bp25.5 bp −$2654.7 bp −$547doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago0.13 bp5.1 bp −$55.9 bp −$5910.6 bp −$1,06423.2 bp −$11.6K

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−0.0157%1h4,359.4−0.142%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0118%4h4,356.5−0.208%$26.2M$14.9M75xas long as short
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.361%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,358.8−0.155%$131.6M$8.0M100xas long as short
Bybit XAUTUSDT+0.0046%4h4,357.3−0.190%$120.8M$27.3M75xas long as short
MEXC XAUT_USDT+0.0050%4h4,356.9−0.198%$341.4M$278.3M1000xas long as short
SoDEX XAUT-USD+0.0050%1h4,360.9−0.107%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0065%4h4,357.8−0.176%$33.3M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,356.2−0.213%$4.2M$996K10xas long as short
Binance XAUTUSDT+0.0100%4h4,357.4−0.186%$35.5M$46.2M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,359.7−0.133%$11.4M$2.9M75xas long as short
BingX XAUT-USDTshort+0.0100%4h4,357.7−0.179%$17.9M
GRVT XAUT_USDT_Perp+0.0100%4h4,358−0.174%$379$113K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,358.7−0.157%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,361−0.104%$1.9M$209K10xas long as short
SunX XAUT-USDTlong+0.0100%4h4,365.6long leg$2K$3.7M20x
HTX XAUT-USDT+0.0100%4h4,356.3−0.213%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,357−0.196%$272K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,361.2−0.099%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0221%4h4,357.7−0.180%$2.3M$1.7M75xas long as short