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−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.051%
Price spread now: BingX against BloFin−0.007%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.239% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.392%−$39 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.007%, 7d avg +0.004%
Together, before fees−0.438%−$44 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAUT-USDT4,338.70.0340pay 0.0170% / 4h3h 45m$2.3M$1.6M75x
ShortBingX XAUT-USDT4,338.40.0100get 0.0050% / 4h3h 45m$17.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$50.4
Price spread: −0.007% → +0.004%
−$1.16
Slippage, 4 orders
−$1.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$75.5
Costs to cover
0.239%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 8 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 BloFin live order book, 3 min ago0.46 bp6.5 bp −$77.2 bp −$7210.9 bp −$1,092doesn't fit
Sell BingX live order book, 8 min ago0.13 bp5.1 bp −$56.5 bp −$6513.9 bp −$1,38852.0 bp −$26.0K

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−0.0354%1h4,338.4−0.006%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0046%4h4,339.2+0.011%$25.8M$15.4M75xas long as short
Gate XAUT_USDT0.0000%8h4,339.9+0.028%$130.2M$8.1M100xas long as short
Variational Omni XAUT+0.0008%4h4,338.9+0.004%$33.0M$3.5Mas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.256%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,337.9−0.018%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0055%4h4,338.6−0.003%$35.1M$45.2M75xas long as short
Extended XAUT-USD+0.0056%1h4,335.8−0.067%$272K$215K25xas long as short
Nado XAUT-PERP+0.0100%1h4,337.3−0.032%$4.2M$911K10xas long as short
Bybit XAUTUSDT+0.0100%4h4,338.5−0.005%$120.0M$27.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,339.2+0.012%$389.4M$270.4M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,340.2+0.035%$11.5M$2.9M75xas long as short
BingX XAUT-USDTshort+0.0100%4h4,338.4−0.007%$17.7M
GRVT XAUT_USDT_Perp+0.0100%4h4,338.1−0.015%$807$106K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,337.4−0.030%$266$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,339+0.007%$1.8M$299K10xas long as short
SunX XAUT-USDT+0.0100%4h4,344.4+0.132%$3K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,338.6−0.003%$1.8M$227K75xas long as short
Kraken Futures PF_XAUTUSD+0.0138%1h4,340.4+0.039%$5.7M$4.4M50xas long as short
BloFin XAUT-USDTlong+0.0340%4h4,338.7long leg$2.3M$1.6M75x