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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0008%/8hnext payment $0.04 per $10,000 · paid last 24h −0.017%
Price spread now: Bitget against BingX−0.045%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$240.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 7 days+0.043%+$4 · spread now −0.045%, 7d avg −0.005%
Together, before fees−0.018%−$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: Bitget is 0.040% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XAUT-USDT4,346.80.0078pay 0.0039% / 4h7m 03s$17.6M
ShortBitget XAUTUSDT4,344.80.0070get 0.0035% / 4h7m 03s$28.3M$12.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
−$1.68
Price spread: −0.045% → −0.005%
−$4.01
Slippage, 4 orders
−$1.65
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$29.34
Costs to cover
0.237%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: 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 BingX live order book, 6 min ago0.13 bp5.3 bp −$55.7 bp −$5711.1 bp −$1,11363.2 bp −$31.6K
Sell Bitget live order book, 1 min ago0.01 bp6.8 bp −$77.8 bp −$78doesn'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−0.0306%1h4,350.1+0.076%$56K$33K20xas long as short
Kraken Futures PF_XAUTUSD−0.0114%1h4,347.4+0.016%$5.4M$3.3M50xas long as short
Variational Omni XAUT−0.0081%4h4,348+0.029%$33.1M$3.2Mas long as short
Bybit XAUTUSDT−0.0080%4h4,345.5−0.029%$120.6M$27.0M75xas long as short
MEXC XAUT_USDT−0.0080%4h4,345.6−0.027%$379.2M$269.9M1000xas long as short
Gate XAUT_USDT0.0000%8h4,347.5+0.017%$132.8M$9.1M100xas long as short
Binance XAUTUSDT+0.0030%4h4,346.8+0.001%$35.3M$44.9M75xas long as short
Extended XAUT-USD+0.0032%1h4,346.4−0.009%$272K$214K25xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,340.8−0.137%$8K$87K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,345.8−0.022%$10.1M$2.1M25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XAUTUSDTshort+0.0070%4h4,344.8−0.045%$28.3M$12.7M75x
BingX XAUT-USDTlong+0.0078%4h4,346.8long leg$17.6M
Nado XAUT-PERP+0.0100%1h4,345.5−0.029%$4.2M$902K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,346.5−0.006%$11.7M$3.3M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,349.3+0.058%$622$117K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,346.8+0.001%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,346.8+0.001%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,352.5+0.132%$3K$3.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,344.6−0.049%$1.8M$234K75xas long as short
BloFin XAUT-USDT+0.0161%4h4,346−0.017%$2.4M$1.7M75xas long as short