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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0041%/8h= −4.4% APRpaid last 24h −0.050%
Price spread now: Nado against BloFin−0.197%643s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.218% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.206%−$21 on $10k
Price spread, last 3 days (all we have)+0.181%+$18 · spread now −0.197%, 7d avg −0.002%
Together, before fees−0.025%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.195% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.002%). Swap the legs. The two prices were read 643 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAUT-USDT4,358.50.0141pay 0.0070% / 4h2h 38m$2.3M$1.6M75x
ShortNado XAUT-PERP4,349.90.0100get 0.0012% / 1h38m 06s$4.2M$992K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$8.51
Price spread: −0.197% → −0.002%
−$19.52
Slippage, 4 orders
−$2.75
Fee BloFin: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$49.78
Costs to cover
0.218%
Break-even
never at this rate
Slippage from BloFin: live order book, 15 min ago; Nado: live order book, 1 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, 15 min ago0.23 bp6.5 bp −$77.2 bp −$7212.1 bp −$1,206doesn't fit
Sell Nado live order book, 1 min ago0.12 bp4.8 bp −$57.8 bp −$78doesn'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−0.0271%1h4,352.2−0.145%$56K$30K20xas long as short
Bitget XAUTUSDT−0.0042%4h4,348.9−0.220%$25.8M$15.2M75xas long as short
Gate XAUT_USDT0.0000%8h4,351.5−0.161%$130.5M$8.2M100xas long as short
MEXC XAUT_USDT+0.0002%4h4,349.9−0.197%$331.5M$282.4M1000xas long as short
Bybit XAUTUSDT+0.0006%4h4,349.4−0.209%$120.5M$27.8M75xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.200%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,351.3−0.165%$10.1M$2.0M25xas long as short
Variational Omni XAUT+0.0066%4h4,349.2−0.214%$33.0M$3.5Mas long as short
Nado XAUT-PERPshort+0.0100%1h4,349.9−0.197%$4.2M$992K10x
Binance XAUTUSDT+0.0100%4h4,349.4−0.209%$35.3M$46.8M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,351.4−0.162%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,350−0.196%$17.8Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,351.1−0.169%$666$111K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,349.7−0.202%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,350.8−0.177%$1.9M$266K10xas long as short
SunX XAUT-USDT+0.0100%4h4,355.7−0.065%$3K$3.6M20xas long as short
HTX XAUT-USDT+0.0100%4h4,349.7−0.202%$1.9M$242K75xas long as short
Extended XAUT-USD+0.0104%1h4,348−0.241%$272K$213K25xas long as short
BloFin XAUT-USDTlong+0.0141%4h4,358.5long leg$2.3M$1.6M75x
Kraken Futures PF_XAUTUSD+0.0301%1h4,352.4−0.140%$5.3M$4.1M50xas long as short