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 −0.020%
Price spread now: GRVT against SunX−0.101%7-day average −0.102% · 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−$76as in the Price arb table
costs, in and out, $10k−$760.757% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.022%−$2 on $10k
Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.101%, 7d avg −0.102%
Together, before fees−0.044%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XAUT-USDT4,355.70.0100pay 0.0050% / 4h1h 22m$2K$3.7M20x
ShortGRVT XAUT_USDT_Perp4,351.30.0100get 0.0050% / 4h1h 22m$557$112K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.101% → −0.102%
$0.08
Slippage, 4 orders
−$58.67
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$75.58
Costs to cover
0.757%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; GRVT: live order book, 58 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, 5 min ago28.02 bp32.0 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 58 min ago1.24 bp5.9 bp −$6doesn't fitdoesn'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
Bitget XAUTUSDT−0.0204%4h4,350.5−0.121%$26.3M$14.7M75xas long as short
Aftermath Perps XAUTUSD−0.0196%1h4,351.3−0.101%$56K$33K20xas long as short
Kraken Futures PF_XAUTUSD−0.0105%1h4,353.1−0.060%$5.3M$3.5M50xas long as short
Injective XAUT/USDC PERP−0.0039%1h4,349.8−0.135%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,351.8−0.090%$131.8M$8.0M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,351.8−0.090%$10.2M$2.0M25xas long as short
Bybit XAUTUSDT+0.0053%4h4,350.2−0.126%$120.6M$26.9M75xas long as short
MEXC XAUT_USDT+0.0054%4h4,350.1−0.129%$341.0M$282.8M1000xas long as short
Variational Omni XAUT+0.0059%4h4,349.6−0.140%$33.2M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,350.3−0.125%$4.2M$980K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDT+0.0100%4h4,351.2−0.103%$35.4M$45.5M75xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,352.6−0.070%$11.5M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,350.8−0.113%$17.8Mas long as short
GRVT XAUT_USDT_Perpshort+0.0100%4h4,351.3−0.101%$557$112K10x
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,353.2−0.057%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,352.5−0.073%$1.8M$179K10xas long as short
SunX XAUT-USDTlong+0.0100%4h4,355.7long leg$2K$3.7M20x
HTX XAUT-USDT+0.0100%4h4,349.4−0.144%$1.8M$231K75xas long as short
Extended XAUT-USD+0.0104%1h4,350.4−0.122%$272K$217K25xas long as short
BloFin XAUT-USDT+0.0222%4h4,350−0.131%$2.4M$1.7M75xas long as short