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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.004%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$170.168% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.056%−$6 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.004%, 7d avg −0.033%
Together, before fees−0.037%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.029% dearer against BingX than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.033%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XAUT-USDT4,340.10.0100pay 0.0050% / 4h2h 00m$17.7M
ShortExtended XAUT-USD4,339.90.0072get 0.0009% / 1h0m 04s$272K$217K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$5.88
Price spread: −0.004% → −0.033%
$2.86
Slippage, 4 orders
−$1.79
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$19.82
Costs to cover
0.168%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Extended: live order book, 22 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, 8 min ago0.13 bp5.1 bp −$55.8 bp −$5814.3 bp −$1,42565.7 bp −$32.8K
Sell Extended live order book, 22 min ago0.12 bp2.8 bp −$35.9 bp −$59doesn'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
Bitget XAUTUSDT−0.0228%4h4,339.2−0.022%$26.2M$15.4M75xas long as short
Aftermath Perps XAUTUSD−0.0227%1h4,339.8−0.007%$56K$33K20xas long as short
Kraken Futures PF_XAUTUSD−0.0097%1h4,341.9+0.041%$5.3M$3.6M50xas long as short
Injective XAUT/USDC PERP−0.0056%1h4,339.7−0.010%$8K$119K30xas long as short
Gate XAUT_USDT0.0000%8h4,341.8+0.039%$132.0M$9.2M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,342.3+0.050%$10.1M$2.1M25xas long as short
Variational Omni XAUT+0.0066%4h4,338.6−0.036%$33.1M$3.3Mas long as short
Extended XAUT-USDshort+0.0072%1h4,339.9−0.004%$272K$217K25x
Binance XAUTUSDT+0.0076%4h4,340.5+0.008%$35.4M$46.1M75xas long as short
Nado XAUT-PERP+0.0100%1h4,339.1−0.024%$4.2M$999K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUTUSDT+0.0100%4h4,339.9−0.005%$120.3M$28.2M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,339.8−0.007%$345.3M$278.8M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,342.1+0.044%$11.6M$3.3M75xas long as short
BingX XAUT-USDTlong+0.0100%4h4,340.1long leg$17.7M
GRVT XAUT_USDT_Perp+0.0100%4h4,338.1−0.047%$803$116K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,340.2+0.002%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,341.6+0.034%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,345.4+0.121%$3K$3.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,337.4−0.062%$1.8M$230K75xas long as short
BloFin XAUT-USDT+0.0340%4h4,338.6−0.035%$2.4M$1.7M75xas long as short