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+0.0027%/8h= +3.0% APRpaid last 24h −0.014%
Price spread now: Kraken Futures against Variational Omni+0.080%7-day average +0.039% · you sell dearer than you buy
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)+0.014%+$1 on $10k
Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.080%, 7d avg +0.039%
Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.041% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAUT4,3630.0077pay 0.0039% / 4h1m 38s$33.3M$3.4M
ShortKraken Futures PF_XAUTUSD4,366.50.0105get 0.0013% / 1h1m 38s$5.3M$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$5.72
Price spread: +0.080% → +0.039%
$4.1
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$0.17
Costs to cover
0.100%
Break-even
7.2 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Kraken Futures: live order book, 2 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, 3 min ago2.82 bpdoesn't fit3.9 bp −$39doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago1.03 bp6.6 bp −$78.1 bp −$8114.9 bp −$1,488doesn'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−0.0142%1h4,365.7+0.062%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0078%4h4,366.7+0.085%$26.2M$15.1M75xas long as short
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.302%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,368.2+0.120%$131.9M$8.1M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,366.5+0.081%$10.2M$2.0M25xas long as short
MEXC XAUT_USDT+0.0060%4h4,366.6+0.083%$344.0M$284.3M1000xas long as short
Bybit XAUTUSDT+0.0061%4h4,366.5+0.081%$121.1M$27.5M75xas long as short
Variational Omni XAUTlong+0.0077%4h4,363long leg$33.3M$3.4M
Nado XAUT-PERP+0.0100%1h4,365+0.046%$4.2M$1.0M10xas long as short
Binance XAUTUSDT+0.0100%4h4,367.6+0.107%$35.6M$46.5M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,368.3+0.123%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,367.2+0.096%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,363.7+0.017%$781$115K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,365.2+0.051%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,366.4+0.079%$1.9M$213K10xas long as short
SunX XAUT-USDT+0.0100%4h4,371.9+0.206%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,363.4+0.010%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,366.7+0.087%$272K$231K25xas long as short
Kraken Futures PF_XAUTUSDshort+0.0105%1h4,366.5+0.080%$5.3M$3.6M50x
BloFin XAUT-USDT+0.0246%4h4,364.3+0.031%$2.3M$1.7M75xas long as short