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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.010%
Price spread now: HTX against Binance−0.097%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$5 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.097%, 7d avg −0.041%
Together, before fees−0.016%−$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: HTX is 0.055% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAUTUSDT4,327.40.0097pay 0.0048% / 4h2h 26m$35.3M$46.3M75x
ShortHTX XAUT-USDT4,323.20.0100get 0.0050% / 4h2h 26m$1.8M$238K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
$0.63
Price spread: −0.097% → −0.041%
−$5.53
Slippage, 4 orders
−$14.92
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$41.82
Costs to cover
0.369%
Break-even
468.6 days
Slippage from Binance: live order book, 15 min ago; HTX: live order book, 2 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 Binance live order book, 15 min ago0.01 bp5.0 bp −$55.7 bp −$5721.6 bp −$2,165doesn't fit
Sell HTX live order book, 2 min ago0.01 bp20.4 bp −$2025.6 bp −$256doesn'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−0.0318%1h4,330.8+0.078%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0036%4h4,328.9+0.035%$25.7M$16.5M75xas long as short
Gate XAUT_USDT0.0000%8h4,329.2+0.041%$130.0M$8.3M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.517%$8K$149K30xas long as short
Variational Omni XAUT+0.0044%4h4,329.8+0.054%$33.0M$3.4Mas long as short
SoDEX XAUT-USD+0.0050%1h4,327.8+0.009%$10.1M$2.0M25xas long as short
MEXC XAUT_USDT+0.0068%4h4,327.2−0.005%$373.8M$278.1M1000xas long as short
Bybit XAUTUSDT+0.0070%4h4,327.2−0.006%$119.2M$29.0M75xas long as short
Extended XAUT-USD+0.0096%1h4,326.8−0.014%$268K$214K25xas long as short
BingX XAUT-USDT+0.0096%4h4,327.3−0.002%$17.9Mas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDTlong+0.0097%4h4,327.4long leg$35.3M$46.3M75x
Nado XAUT-PERP+0.0100%1h4,324.8−0.060%$4.2M$904K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,328.9+0.035%$11.7M$3.0M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,325.7−0.041%$415$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,326.2−0.028%$266$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,326.8−0.014%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,332.5+0.117%$3K$3.3M20xas long as short
HTX XAUT-USDTshort+0.0100%4h4,323.2−0.097%$1.8M$238K75x
Kraken Futures PF_XAUTUSD+0.0168%1h4,329.7+0.052%$5.6M$4.7M50xas long as short
BloFin XAUT-USDT+0.0279%4h4,326.1−0.031%$2.3M$1.6M75xas long as short