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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.010%
Price spread now: Bybit against Extended+0.021%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.173% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.021%, 7d avg +0.028%
Together, before fees−0.012%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAUT-USD4,356.40.0104pay 0.0013% / 1h30m 58s$274K$231K25x
ShortBybit XAUTUSDT4,357.30.0100get 0.0050% / 4h3h 30m$121.0M$27.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
−$0.84
Price spread: +0.021% → +0.028%
−$0.76
Slippage, 4 orders
−$1.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$18.9
Costs to cover
0.173%
Break-even
never at this rate
Slippage from Extended: live order book, 41 min ago; Bybit: live order book, 3 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 Extended live order book, 41 min ago0.12 bp2.8 bp −$35.4 bp −$54doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.12 bp6.0 bp −$67.1 bp −$7113.1 bp −$1,313doesn'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−0.0191%1h4,359.7+0.075%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0058%4h4,356.6+0.005%$25.9M$15.2M75xas long as short
Gate XAUT_USDT0.0000%8h4,358.3+0.044%$131.3M$8.1M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.151%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,359.1+0.062%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0100%4h4,356.9+0.011%$33.2M$3.4Mas long as short
Nado XAUT-PERP+0.0100%1h4,357.6+0.026%$4.2M$999K10xas long as short
Binance XAUTUSDT+0.0100%4h4,357.4+0.022%$35.5M$46.8M75xas long as short
Bybit XAUTUSDTshort+0.0100%4h4,357.3+0.021%$121.0M$27.7M75x
MEXC XAUT_USDT+0.0100%4h4,357.4+0.023%$338.2M$280.7M1000xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,359.4+0.069%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,357.8+0.031%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,359.6+0.072%$732$116K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,357.6+0.028%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,359.2+0.064%$1.9M$216K10xas long as short
SunX XAUT-USDT+0.0100%4h4,362.3+0.135%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,356.2−0.004%$1.9M$230K75xas long as short
Extended XAUT-USDlong+0.0104%1h4,356.4long leg$274K$231K25x
Kraken Futures PF_XAUTUSD+0.0118%1h4,359.6+0.073%$5.3M$4.0M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,358.4+0.046%$2.3M$1.6M75xas long as short