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−0.0069%/8h= −7.6% APRpaid last 24h +0.002%
Price spread now: Bitget against Injective−0.134%91s7-day average −0.116% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.174%−$17 · spread now −0.134%, 7d avg −0.116%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.116%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAUT/USDC PERP4,349.80.0033pay 0.0004% / 1h11m 48s$8K$149K30x
ShortBitget XAUTUSDT4,344−0.0036pay 0.0018% / 4h1h 11m$25.9M$15.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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
−$14.56
Price spread: −0.134% → −0.116%
−$1.84
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$28.42
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Bitget live order book, 2 min ago0.01 bp7.6 bp −$810.3 bp −$103doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0338%1h4,347.7−0.049%$56K$29K20xas long as short
Bitget XAUTUSDTshort−0.0036%4h4,344−0.134%$25.9M$15.2M75x
Bybit XAUTUSDT−0.0018%4h4,344−0.133%$120.1M$27.9M75xas long as short
MEXC XAUT_USDT−0.0012%4h4,343.6−0.143%$351.5M$283.1M1000xas long as short
Gate XAUT_USDT0.0000%8h4,345.7−0.094%$130.2M$8.2M100xas long as short
Variational Omni XAUT+0.0011%4h4,348.2−0.037%$33.1M$3.5Mas long as short
Injective XAUT/USDC PERPlong+0.0033%1h4,349.8long leg$8K$149K30x
SoDEX XAUT-USD+0.0050%1h4,343.5−0.145%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0062%4h4,344.3−0.126%$35.1M$45.7M75xas long as short
Extended XAUT-USD+0.0064%1h4,342.3−0.173%$272K$213K25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0066%4h4,343.9−0.135%$17.8Mas long as short
Nado XAUT-PERP+0.0100%1h4,344.9−0.112%$4.2M$1.0M10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,346.3−0.081%$11.4M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,349.5−0.007%$605$109K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,344.9−0.113%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,345.3−0.103%$1.8M$284K10xas long as short
SunX XAUT-USDT+0.0100%4h4,352.1+0.052%$3K$3.4M20xas long as short
HTX XAUT-USDT+0.0100%4h4,346.6−0.075%$1.8M$234K75xas long as short
Kraken Futures PF_XAUTUSD+0.0188%1h4,345.9−0.089%$5.7M$4.6M50xas long as short
BloFin XAUT-USDT+0.0226%4h4,346.1−0.085%$2.3M$1.6M75xas long as short