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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h +0.050%
Price spread now: BloFin against SunX−0.103%55s7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.768% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.350%+$35 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.103%, 7d avg −0.100%
Together, before fees+0.383%+$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.100%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XAUT-USDT4,352.90.0100pay 0.0050% / 4h1h 13m$2K$3.4M20x
ShortBloFin XAUT-USDT4,348.40.0224get 0.0112% / 4h1h 13m$2.3M$1.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$26.09
Price spread: −0.103% → −0.100%
−$0.32
Slippage, 4 orders
−$56.81
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$51.04
Costs to cover
0.768%
Break-even
20.7 days
Slippage from SunX: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago21.51 bp25.5 bp −$2654.6 bp −$546doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.46 bp6.5 bp −$67.0 bp −$7012.0 bp −$1,197doesn'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−0.0336%1h4,348.9−0.093%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0036%4h4,346.7−0.142%$25.9M$15.2M75xas long as short
Bybit XAUTUSDT−0.0014%4h4,346.7−0.142%$120.2M$27.9M75xas long as short
MEXC XAUT_USDT−0.0014%4h4,346.6−0.145%$351.7M$283.1M1000xas long as short
Gate XAUT_USDT0.0000%8h4,348.7−0.096%$130.3M$8.2M100xas long as short
Variational Omni XAUT+0.0011%4h4,348.2−0.108%$33.1M$3.5Mas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.071%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,347−0.135%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0064%4h4,347.2−0.131%$35.1M$45.6M75xas long as short
Extended XAUT-USD+0.0064%1h4,346−0.157%$272K$213K25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0070%4h4,347−0.136%$17.8Mas long as short
Nado XAUT-PERP+0.0100%1h4,346.4−0.148%$4.2M$1.0M10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,349−0.090%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,349.5−0.078%$605$109K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,346.8−0.140%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,348.2−0.109%$1.9M$284K10xas long as short
SunX XAUT-USDTlong+0.0100%4h4,352.9long leg$2K$3.4M20x
HTX XAUT-USDT+0.0100%4h4,346.6−0.146%$1.8M$234K75xas long as short
Kraken Futures PF_XAUTUSD+0.0187%1h4,349.2−0.086%$5.7M$4.5M50xas long as short
BloFin XAUT-USDTshort+0.0224%4h4,348.4−0.103%$2.3M$1.6M75x