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−0.0007%/8h= −0.8% APRnext payment $0.03 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against BingX−0.019%7-day average −0.004% · 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−$24as in the Price arb table
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 7 days+0.012%+$1 · spread now −0.019%, 7d avg −0.004%
Together, before fees−0.065%−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XAUT-USDT4,313.60.0100pay 0.0050% / 4h21m 52s$19.5M
ShortBybit XAUTUSDT4,312.80.0093get 0.0047% / 4h21m 52s$119.0M$31.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$1.47
Price spread: −0.019% → −0.004%
−$1.44
Slippage, 4 orders
−$1.63
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$25.53
Costs to cover
0.226%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: 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 BingX live order book, 7 min ago0.14 bp5.1 bp −$55.4 bp −$549.7 bp −$96555.9 bp −$28.0K
Sell Bybit live order book, 2 min ago0.12 bp6.7 bp −$77.7 bp −$7715.6 bp −$1,556doesn'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−0.0205%1h4,314.3+0.015%$55K$11K20xas long as short
Bitget XAUTUSDT−0.0002%4h4,311.6−0.046%$26.6M$19.0M75xas long as short
Gate XAUT_USDT0.0000%8h4,314.7+0.025%$131.3M$8.8M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.839%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,312.4−0.028%$10.1M$2.1M25xas long as short
Variational Omni XAUT+0.0060%4h4,311.3−0.055%$32.8M$3.4Mas long as short
MEXC XAUT_USDT+0.0090%4h4,312.8−0.019%$374.7M$283.8M1000xas long as short
Bybit XAUTUSDTshort+0.0093%4h4,312.8−0.019%$119.0M$31.4M75x
Nado XAUT-PERP+0.0100%1h4,313.5−0.004%$4.1M$925K10xas long as short
Binance XAUTUSDT+0.0100%4h4,312.3−0.032%$35.5M$48.1M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,314.9+0.029%$11.8M$3.3M75xas long as short
BingX XAUT-USDTlong+0.0100%4h4,313.6long leg$19.5M
GRVT XAUT_USDT_Perp+0.0100%4h4,312.7−0.021%$755$111K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,311.9−0.040%$265$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,312.7−0.022%$1.8M$343K10xas long as short
SunX XAUT-USDT+0.0100%4h4,316+0.056%$2K$3.1M20xas long as short
HTX XAUT-USDT+0.0100%4h4,311.3−0.054%$1.8M$209K75xas long as short
Extended XAUT-USD+0.0104%1h4,311.1−0.059%$267K$196K25xas long as short
Kraken Futures PF_XAUTUSD+0.0229%1h4,313.7+0.003%$5.8M$5.3M50xas long as short
BloFin XAUT-USDT+0.0330%4h4,313.5−0.003%$2.3M$1.5M75xas long as short