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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h −0.019%
Price spread now: Kraken Futures against HTX+0.065%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.065%, 7d avg +0.064%
Together, before fees+0.099%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAUT-USDT4,341.20.0100pay 0.0050% / 4h1h 04m$1.8M$233K75x
ShortKraken Futures PF_XAUTUSD4,3440.0188get 0.0023% / 1h4m 02s$5.7M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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
$18.4
Price spread: +0.065% → +0.064%
$0.17
Slippage, 4 orders
−$14.95
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$18.37
Costs to cover
0.369%
Break-even
14.0 days
Slippage from HTX: live order book, 5 min ago; Kraken Futures: 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 HTX live order book, 5 min ago5.65 bp12.9 bp −$1318.5 bp −$18531.9 bp −$3,188doesn't fit
Sell Kraken Futures live order book, 5 min ago0.57 bp6.0 bp −$68.3 bp −$8316.6 bp −$1,663doesn'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−0.0330%1h4,345.2+0.093%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0042%4h4,342+0.019%$25.8M$15.2M75xas long as short
Bybit XAUTUSDT−0.0029%4h4,341.4+0.006%$119.9M$28.0M75xas long as short
MEXC XAUT_USDT−0.0026%4h4,342.1+0.022%$352.1M$283.3M1000xas long as short
Gate XAUT_USDT0.0000%8h4,343.2+0.047%$130.2M$8.3M100xas long as short
Variational Omni XAUT+0.0002%4h4,341.9+0.017%$33.0M$3.5Mas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.199%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,341.2+0.001%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0056%4h4,341.6+0.010%$35.2M$45.8M75xas long as short
Extended XAUT-USD+0.0056%1h4,340.5−0.015%$272K$213K25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0062%4h4,342.6+0.034%$17.8Mas long as short
Nado XAUT-PERP+0.0100%1h4,341.6+0.012%$4.2M$1.0M10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,344.5+0.076%$11.4M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,346.8+0.130%$604$109K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,341.3+0.003%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,343+0.042%$1.8M$286K10xas long as short
SunX XAUT-USDT+0.0100%4h4,347.7+0.151%$3K$3.4M20xas long as short
HTX XAUT-USDTlong+0.0100%4h4,341.2long leg$1.8M$233K75x
Kraken Futures PF_XAUTUSDshort+0.0188%1h4,344+0.065%$5.7M$4.5M50x
BloFin XAUT-USDT+0.0219%4h4,342.7+0.036%$2.3M$1.6M75xas long as short