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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Bybit+0.037%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$270.274% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$9 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.037%, 7d avg +0.022%
Together, before fees+0.072%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XAUTUSDT4,3390.0100pay 0.0050% / 4h3h 43m$120.1M$27.9M75x
ShortKuCoin XAUTUSDTM4,340.60.0100get 0.0050% / 4h3h 43m$11.5M$2.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$0
Price spread: +0.037% → +0.022%
$1.5
Slippage, 4 orders
−$4.44
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.95
Costs to cover
0.274%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 5 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 Bybit live order book, 1 min ago0.12 bp5.8 bp −$66.7 bp −$6713.3 bp −$1,334doesn't fit
Sell KuCoin live order book, 5 min ago0.01 bp8.6 bp −$912.9 bp −$129doesn'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−0.0358%1h4,338.3−0.016%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0044%4h4,338.3−0.017%$25.8M$15.4M75xas long as short
Gate XAUT_USDT0.0000%8h4,340.4+0.032%$130.2M$8.1M100xas long as short
Variational Omni XAUT+0.0008%4h4,338.9−0.003%$33.0M$3.5Mas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.248%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,338.6−0.010%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0055%4h4,338.1−0.021%$35.1M$45.2M75xas long as short
Extended XAUT-USD+0.0056%1h4,336.9−0.049%$272K$215K25xas long as short
Nado XAUT-PERP+0.0100%1h4,338.8−0.005%$4.2M$911K10xas long as short
Bybit XAUTUSDTlong+0.0100%4h4,339long leg$120.1M$27.9M75x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,339.6+0.013%$389.9M$270.5M1000xas long as short
KuCoin XAUTUSDTMshort+0.0100%4h4,340.6+0.037%$11.5M$2.9M75x
BingX XAUT-USDT+0.0100%4h4,338.9−0.003%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,339−0.001%$807$106K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,338.7−0.008%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,340+0.023%$1.8M$299K10xas long as short
SunX XAUT-USDT+0.0100%4h4,345.3+0.144%$2K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,337.6−0.034%$1.8M$227K75xas long as short
Kraken Futures PF_XAUTUSD+0.0138%1h4,341.4+0.055%$5.7M$4.4M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,339.1+0.002%$2.3M$1.6M75xas long as short