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−0.0074%/8h= −8.1% APRnext payment $0.09 per $10,000 · paid last 24h +0.008%
Price spread now: Extended against Kraken Futures−0.059%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$180.185% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.059%, 7d avg −0.052%
Together, before fees−0.057%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XAUTUSD4,341.80.0138pay 0.0017% / 1h18m 19s$5.7M$4.4M50x
ShortExtended XAUT-USD4,339.20.0064get 0.0008% / 1h18m 19s$272K$215K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Kraken Futures. 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
−$15.52
Price spread: −0.059% → −0.052%
−$0.74
Slippage, 4 orders
−$3.45
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$34.71
Costs to cover
0.185%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 6 min ago; Extended: live order book, 34 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 Kraken Futures live order book, 6 min ago0.23 bp6.3 bp −$68.4 bp −$8417.3 bp −$1,727doesn't fit
Sell Extended live order book, 34 min ago0.12 bp2.8 bp −$36.7 bp −$67doesn'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−0.0333%1h4,340.5−0.029%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0040%4h4,339.3−0.058%$25.9M$15.5M75xas long as short
Gate XAUT_USDT0.0000%8h4,341.80.000%$130.5M$8.2M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.184%$8K$149K30xas long as short
Variational Omni XAUT+0.0041%4h4,340.5−0.030%$33.1M$3.5Mas long as short
SoDEX XAUT-USD+0.0050%1h4,338.9−0.067%$10.1M$2.0M25xas long as short
Extended XAUT-USDshort+0.0064%1h4,339.2−0.059%$272K$215K25x
Binance XAUTUSDT+0.0067%4h4,340.6−0.028%$35.2M$45.3M75xas long as short
Nado XAUT-PERP+0.0100%1h4,340.8−0.024%$4.2M$903K10xas long as short
Bybit XAUTUSDT+0.0100%4h4,341−0.018%$120.4M$27.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,341.1−0.016%$392.2M$271.7M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,341.7−0.001%$11.5M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,340.8−0.024%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,341−0.019%$300$106K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,340.7−0.025%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,340.8−0.023%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,346+0.097%$2K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,335.9−0.137%$1.8M$236K75xas long as short
Kraken Futures PF_XAUTUSDlong+0.0138%1h4,341.8long leg$5.7M$4.4M50x
BloFin XAUT-USDT+0.0340%4h4,341.6−0.004%$2.3M$1.6M75xas long as short