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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.050%
Price spread now: KuCoin against BloFin+0.052%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.388%−$39 on $10k
Price spread, last 3 days (all we have)−0.062%−$6 · spread now +0.052%, 7d avg +0.027%
Together, before fees−0.450%−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.025% dearer against BloFin than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.027%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAUT-USDT4,354.10.0340pay 0.0170% / 4h3h 22m$2.3M$1.6M75x
ShortKuCoin XAUTUSDTM4,356.40.0100get 0.0050% / 4h3h 22m$11.4M$2.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.052% → +0.027%
$2.47
Slippage, 4 orders
−$7.33
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$79.26
Costs to cover
0.313%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 6 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, 5 min ago0.12 bp6.1 bp −$66.4 bp −$649.6 bp −$958doesn't fit
Sell KuCoin live order book, 6 min ago0.01 bp7.6 bp −$813.5 bp −$135doesn'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−0.0234%1h4,356.6+0.058%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0056%4h4,354.2+0.002%$25.9M$15.2M75xas long as short
Gate XAUT_USDT0.0000%8h4,355.6+0.034%$131.2M$8.1M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.099%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,356.1+0.046%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0100%4h4,354.6+0.012%$33.2M$3.5Mas long as short
Nado XAUT-PERP+0.0100%1h4,353.4−0.016%$4.2M$1.0M10xas long as short
Binance XAUTUSDT+0.0100%4h4,354.9+0.017%$35.4M$46.7M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,354.6+0.011%$121.0M$27.8M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,354.6+0.011%$337.9M$281.5M1000xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTMshort+0.0100%4h4,356.4+0.052%$11.4M$2.9M75x
BingX XAUT-USDT+0.0100%4h4,354.7+0.014%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,356.1+0.046%$466$113K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,354.3+0.005%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,356.3+0.051%$1.9M$220K10xas long as short
SunX XAUT-USDT+0.0100%4h4,359.4+0.122%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,354.2+0.002%$1.8M$231K75xas long as short
Extended XAUT-USD+0.0104%1h4,353.7−0.009%$274K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0118%1h4,356.9+0.064%$5.3M$4.0M50xas long as short
BloFin XAUT-USDTlong+0.0340%4h4,354.1long leg$2.3M$1.6M75x