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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against MEXC+0.024%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$150.153% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 7 days−0.016%−$2 · spread now +0.024%, 7d avg +0.008%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAUT_USDT4,352.50.0028pay 0.0014% / 4h2h 15m$336.7M$286.9M1000x
ShortBingX XAUT-USDT4,353.50.0100get 0.0050% / 4h2h 15m$17.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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
$15.12
Price spread: +0.024% → +0.008%
$1.57
Slippage, 4 orders
−$1.28
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
$1.41
Costs to cover
0.153%
Break-even
6.3 days
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 8 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 MEXC live order book, 4 min ago0.46 bp2.5 bp −$23.0 bp −$305.0 bp −$50324.5 bp −$12.3K
Sell BingX live order book, 8 min ago0.13 bp5.1 bp −$56.1 bp −$6112.9 bp −$1,28644.2 bp −$22.1K

XAUT on 19 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−0.0289%1h4,353.9+0.033%$56K$30K20xas long as short
Bitget XAUTUSDT−0.0042%4h4,352.3−0.004%$25.9M$15.2M75xas long as short
Gate XAUT_USDT0.0000%8h4,354.6+0.048%$130.5M$8.3M100xas long as short
MEXC XAUT_USDTlong+0.0028%4h4,352.5long leg$336.7M$286.9M1000x
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.062%$8K$149K30xas long as short
Bybit XAUTUSDT+0.0035%4h4,352−0.011%$120.6M$27.6M75xas long as short
SoDEX XAUT-USD+0.0050%1h4,352.2−0.007%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0060%4h4,350.7−0.040%$33.1M$3.5Mas long as short
Nado XAUT-PERP+0.0100%1h4,352.3−0.004%$4.2M$994K10xas long as short
Binance XAUTUSDT+0.0100%4h4,353.1+0.013%$35.3M$46.8M75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,354.3+0.040%$11.4M$2.9M75xas long as short
BingX XAUT-USDTshort+0.0100%4h4,353.5+0.024%$17.8M
GRVT XAUT_USDT_Perp+0.0100%4h4,354.2+0.040%$1K$110K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,352.9+0.009%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,352.9+0.010%$1.9M$267K10xas long as short
SunX XAUT-USDT+0.0100%4h4,357.7+0.119%$2K$3.6M20xas long as short
HTX XAUT-USDT+0.0100%4h4,352.2−0.008%$1.9M$243K75xas long as short
Extended XAUT-USD+0.0104%1h4,351.9−0.013%$272K$213K25xas long as short
Kraken Futures PF_XAUTUSD+0.0301%1h4,353.3+0.018%$5.3M$4.1M50xas long as short