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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.49 per $10,000 · paid last 24h −0.004%
Price spread now: GRVT against Variational Omni−0.011%7-day average +0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.032%+$3 on $10k
Price spread, last 3 days (all we have)+0.045%+$4 · spread now −0.011%, 7d avg +0.018%
Together, before fees+0.077%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.029% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.018%). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.032% in total) that is about 2.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAUT4,342.50.0002pay 0.0001% / 4h2h 49m$33.1M$3.3M
ShortGRVT XAUT_USDT_Perp4,3420.0100get 0.0050% / 4h2h 49m$643$116K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Variational Omni. 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
$20.59
Price spread: −0.011% → +0.018%
−$2.87
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$8.72
Costs to cover
0.090%
Break-even
4.0 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; GRVT: live order book, 37 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 5 min ago2.83 bpdoesn't fit3.8 bp −$38doesn't fitdoesn't fit
Sell GRVT live order book, 37 min ago1.33 bp5.8 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
Aftermath Perps XAUTUSD−0.0253%1h4,342.2−0.006%$56K$33K20xas long as short
Bitget XAUTUSDT−0.0182%4h4,339.4−0.071%$26.3M$14.9M75xas long as short
Kraken Futures PF_XAUTUSD−0.0097%1h4,343.1+0.015%$5.3M$3.4M50xas long as short
Injective XAUT/USDC PERP−0.0056%1h4,343.8+0.031%$8K$76K30xas long as short
Gate XAUT_USDT0.0000%8h4,343.3+0.019%$131.9M$8.9M100xas long as short
Variational Omni XAUTlong+0.0002%4h4,342.5long leg$33.1M$3.3M
SoDEX XAUT-USD+0.0050%1h4,343.9+0.033%$10.1M$2.1M25xas long as short
Binance XAUTUSDT+0.0080%4h4,341.3−0.027%$35.3M$45.4M75xas long as short
Extended XAUT-USD+0.0080%1h4,340.9−0.037%$272K$217K25xas long as short
Nado XAUT-PERP+0.0100%1h4,342.4−0.002%$4.2M$917K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUTUSDT+0.0100%4h4,342.3−0.004%$120.6M$27.3M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,342.6+0.003%$351.3M$275.5M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,343.7+0.029%$11.5M$3.3M75xas long as short
BingX XAUT-USDT+0.0100%4h4,341.9−0.013%$17.7Mas long as short
GRVT XAUT_USDT_Perpshort+0.0100%4h4,342−0.011%$643$116K10x
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,342.1−0.009%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,343.2+0.017%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,347.3+0.110%$3K$3.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,340.1−0.055%$1.8M$231K75xas long as short
BloFin XAUT-USDT+0.0340%4h4,342.2−0.006%$2.4M$1.7M75xas long as short