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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against KuCoin+0.050%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$810.806% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.050%, 7d avg +0.072%
Together, before fees+0.086%+$9 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: SunX is 0.021% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XAUTUSDTM4,322.40.0100pay 0.0050% / 4h2h 15m$12.2M$3.8M75x
ShortSunX XAUT-USDT4,324.50.0100get 0.0050% / 4h2h 15m$2K$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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
Price spread: +0.050% → +0.072%
−$2.14
Slippage, 4 orders
−$60.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$82.72
Costs to cover
0.806%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; SunX: live order book, 6 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 KuCoin live order book, 1 min ago0.01 bp8.0 bp −$814.5 bp −$145doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago21.51 bp38.4 bp −$3868.0 bp −$680doesn't fitdoesn't fit

XAUT on 19 exchanges

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−0.0179%1h4,318.8−0.083%$55K$11K20xas long as short
Bitget XAUTUSDT−0.0150%4h4,320.1−0.051%$27.0M$22.7M75xas long as short
Gate XAUT_USDT0.0000%8h4,323.5+0.026%$130.5M$10.5M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.635%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,319−0.078%$10.1M$2.1M25xas long as short
Variational Omni XAUT+0.0088%4h4,319.9−0.056%$33.0M$3.5Mas long as short
Extended XAUT-USD+0.0096%1h4,319.3−0.072%$274K$215K25xas long as short
Binance XAUTUSDT+0.0098%4h4,320.3−0.047%$36.1M$49.0M75xas long as short
Nado XAUT-PERP+0.0100%1h4,321−0.032%$4.2M$907K10xas long as short
Bybit XAUTUSDT+0.0100%4h4,320.5−0.044%$119.0M$35.6M75xas long as short
Show all 19 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,320.6−0.041%$361.8M$300.8M1000xas long as short
KuCoin XAUTUSDTMlong+0.0100%4h4,322.4long leg$12.2M$3.8M75x
BingX XAUT-USDT+0.0100%4h4,321−0.031%$21.1Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,317.6−0.111%$721$108K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,321.2−0.027%$265$17K10xas long as short
SunX XAUT-USDTshort+0.0100%4h4,324.5+0.050%$2K$2.8M20x
HTX XAUT-USDT+0.0100%4h4,315.3−0.164%$1.8M$194K75xas long as short
Kraken Futures PF_XAUTUSD+0.0174%1h4,320.8−0.035%$5.8M$5.5M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,320.2−0.050%$2.3M$726K75xas long as short