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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against SunX−0.190%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$730.726% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.190%, 7d avg −0.104%
Together, before fees−0.021%+ Points / potential airdropNado: Active · farm board−$2 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: Nado is 0.085% cheaper against SunX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XAUT-USDT4,320.30.0100pay 0.0050% / 4h3h 17m$2K$3.0M20x
ShortNado XAUT-PERP4,312.10.0100get 0.0012% / 1h17m 50s$4.1M$964K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: −0.190% → −0.104%
−$8.55
Slippage, 4 orders
−$57.64
Fee SunX: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$81.19
Costs to cover
0.726%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; Nado: live order book, 1 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 −$2654.6 bp −$546doesn't fitdoesn't fit
Sell Nado live order book, 1 min ago0.12 bp4.1 bp −$46.6 bp −$66447.2 bp −$44.7Kdoesn'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−0.0223%1h4,307.5−0.295%$55K$11K20xas long as short
Bitget XAUTUSDT−0.0114%4h4,317.7−0.059%$27.2M$22.2M75xas long as short
Gate XAUT_USDT0.0000%8h4,320.2−0.002%$130.5M$9.9M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.683%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,314.7−0.129%$10.1M$2.1M25xas long as short
Bybit XAUTUSDT+0.0062%4h4,318.6−0.039%$118.7M$33.5M75xas long as short
Variational Omni XAUT+0.0076%4h4,308.8−0.265%$32.8M$3.6Mas long as short
MEXC XAUT_USDT+0.0076%4h4,318.4−0.044%$376.1M$292.7M1000xas long as short
Nado XAUT-PERPshort+0.0100%1h4,312.1−0.190%$4.1M$964K10x
Binance XAUTUSDT+0.0100%4h4,318.8−0.035%$36.1M$48.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,321+0.016%$12.3M$3.5M75xas long as short
BingX XAUT-USDT+0.0100%4h4,318.8−0.034%$20.0Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,309.7−0.245%$840$108K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,314.8−0.127%$265$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,301.8−0.427%$1.7M$379K10xas long as short
SunX XAUT-USDTlong+0.0100%4h4,320.3long leg$2K$3.0M20x
HTX XAUT-USDT+0.0100%4h4,308.5−0.272%$1.8M$201K75xas long as short
Extended XAUT-USD+0.0104%1h4,317.7−0.060%$272K$206K25xas long as short
Kraken Futures PF_XAUTUSD+0.0290%1h4,318−0.053%$5.8M$5.6M50xas long as short
BloFin XAUT-USDT+0.0306%4h4,310.7−0.222%$2.3M$831K75xas long as short