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+0.0144%/8h= +15.7% APRnext payment +$0.72 per $10,000 · paid last 24h +0.015%
Price spread now: SunX against Bybit+0.130%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$760.757% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$11 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.130%, 7d avg +0.102%
Together, before fees+0.119%+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and SunX is 0.028% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XAUTUSDT4,345.1−0.0044get 0.0022% / 4h38m 10s$120.0M$28.0M75x
ShortSunX XAUT-USDT4,350.80.0100get 0.0050% / 4h38m 10s$3K$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$30.18
Price spread: +0.130% → +0.102%
$2.8
Slippage, 4 orders
−$56.68
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$42.7
Costs to cover
0.757%
Break-even
16.9 days
Slippage from Bybit: live order book, 1 min ago; SunX: live order book, 10 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 bp6.2 bp −$66.8 bp −$6813.5 bp −$1,348doesn't fit
Sell SunX live order book, 10 min ago21.51 bp38.4 bp −$3868.0 bp −$680doesn'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−0.0332%1h4,344.7−0.010%$56K$29K20xas long as short
MEXC XAUT_USDT−0.0044%4h4,345.10.000%$355.3M$273.2M1000xas long as short
Bitget XAUTUSDT−0.0044%4h4,345.1−0.001%$26.0M$15.2M75xas long as short
Bybit XAUTUSDTlong−0.0044%4h4,345.1long leg$120.0M$28.0M75x
Variational Omni XAUT−0.0033%4h4,344.7−0.008%$33.1M$3.5Mas long as short
Gate XAUT_USDT0.0000%8h4,346.3+0.028%$130.6M$8.1M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.108%$8K$149K30xas long as short
Extended XAUT-USD+0.0040%1h4,344−0.026%$272K$213K25xas long as short
Binance XAUTUSDT+0.0042%4h4,345.10.000%$35.1M$45.5M75xas long as short
BingX XAUT-USDT+0.0046%4h4,345−0.003%$17.8Mas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX XAUT-USD+0.0050%1h4,345.5+0.009%$10.1M$2.0M25xas long as short
BloFin XAUT-USDT+0.0093%4h4,344.7−0.009%$2.3M$1.6M75xas long as short
Nado XAUT-PERP+0.0100%1h4,344.9−0.004%$4.2M$983K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,346.9+0.042%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,344.9−0.005%$982$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,343.9−0.028%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,346+0.020%$1.8M$297K10xas long as short
SunX XAUT-USDTshort+0.0100%4h4,350.8+0.130%$3K$3.4M20x
HTX XAUT-USDT+0.0100%4h4,340−0.117%$1.8M$226K75xas long as short
Kraken Futures PF_XAUTUSD+0.0222%1h4,347.5+0.056%$5.7M$4.5M50xas long as short