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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0069%/8h= +7.6% APRpaid last 24h −0.002%
Price spread now: Injective against Bitget+0.131%101s7-day average +0.116% · 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 7 days−0.063%−$6 on $10k
Price spread, last 4 days (all we have)+0.178%+$18 · spread now +0.131%, 7d avg +0.116%
Together, before fees+0.115%+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.116%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAUTUSDT4,344.1−0.0036get 0.0018% / 4h1h 11m$25.9M$15.2M75x
ShortInjective XAUT/USDC PERP4,349.80.0033get 0.0004% / 1h11m 31s$8K$149K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Bitget. 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
$14.56
Price spread: +0.131% → +0.116%
$1.47
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$4.01
Costs to cover
0.120%
Break-even
5.1 days
Slippage unknown: Bitget: live order book, 2 min ago; Injective: no order-book sample. 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 Bitget live order book, 2 min ago0.01 bp6.9 bp −$79.8 bp −$98doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0338%1h4,347.7+0.082%$56K$29K20xas long as short
Bitget XAUTUSDTlong−0.0036%4h4,344.1long leg$25.9M$15.2M75x
Bybit XAUTUSDT−0.0018%4h4,344.3+0.003%$120.1M$27.9M75xas long as short
MEXC XAUT_USDT−0.0016%4h4,344−0.003%$351.5M$283.1M1000xas long as short
Gate XAUT_USDT0.0000%8h4,345.9+0.041%$130.2M$8.2M100xas long as short
Variational Omni XAUT+0.0011%4h4,348.2+0.094%$33.1M$3.5Mas long as short
Injective XAUT/USDC PERPshort+0.0033%1h4,349.8+0.131%$8K$149K30x
SoDEX XAUT-USD+0.0050%1h4,343.5−0.014%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0062%4h4,344.5+0.010%$35.1M$45.6M75xas long as short
Extended XAUT-USD+0.0064%1h4,343.3−0.019%$272K$213K25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0066%4h4,343.9−0.005%$17.8Mas long as short
Nado XAUT-PERP+0.0100%1h4,344.9+0.018%$4.2M$1.0M10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,346.6+0.057%$11.4M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,347.2+0.071%$604$109K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,344.9+0.018%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,345.3+0.027%$1.8M$284K10xas long as short
SunX XAUT-USDT+0.0100%4h4,352.1+0.183%$3K$3.4M20xas long as short
HTX XAUT-USDT+0.0100%4h4,346.6+0.056%$1.8M$234K75xas long as short
Kraken Futures PF_XAUTUSD+0.0188%1h4,345.9+0.041%$5.7M$4.6M50xas long as short
BloFin XAUT-USDT+0.0226%4h4,346.1+0.046%$2.3M$1.6M75xas long as short