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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.002%
Price spread now: Variational Omni against Injective−0.277%106s7-day average −0.124% · 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 4 days (all we have)+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.277%, 7d avg −0.124%
Together, before fees+0.054%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.153% cheaper against Injective than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.124%. The two prices were read 106 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% / 1h25m 28s$8K$149K30x
ShortVariational Omni XAUT4,337.70.0032get 0.0016% / 4h3h 25m$33.0M$3.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.36
Price spread: −0.277% → −0.124%
−$15.29
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$15.67
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago2.82 bpdoesn't fit4.5 bp −$45doesn'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−0.0334%1h4,338.3−0.265%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0044%4h4,338−0.272%$25.9M$15.5M75xas long as short
Gate XAUT_USDT0.0000%8h4,339.6−0.234%$130.4M$8.2M100xas long as short
Variational Omni XAUTshort+0.0032%4h4,337.7−0.277%$33.0M$3.5M
Injective XAUT/USDC PERPlong+0.0033%1h4,349.8long leg$8K$149K30x
SoDEX XAUT-USD+0.0050%1h4,336.9−0.297%$10.1M$2.0M25xas long as short
Extended XAUT-USD+0.0056%1h4,337−0.294%$272K$215K25xas long as short
Binance XAUTUSDT+0.0059%4h4,338.3−0.265%$35.2M$45.2M75xas long as short
Nado XAUT-PERP+0.0100%1h4,338.5−0.259%$4.2M$906K10xas long as short
Bybit XAUTUSDT+0.0100%4h4,338.6−0.257%$120.3M$28.0M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,338.5−0.260%$392.3M$271.3M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,339.3−0.242%$11.5M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,338.7−0.254%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,338.2−0.266%$308$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,338.8−0.253%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,338.8−0.252%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,345.1−0.107%$3K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,337.7−0.278%$1.8M$228K75xas long as short
Kraken Futures PF_XAUTUSD+0.0138%1h4,339.7−0.232%$5.7M$4.4M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,338.5−0.260%$2.3M$1.6M75xas long as short