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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0150%/8h= −16.4% APRnext payment $0.75 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against MEXC+0.014%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days−0.006%−$1 · spread now +0.014%, 7d avg +0.002%
Together, before fees+0.008%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAUT_USDT4,367.30.0046pay 0.0023% / 4h18m 32s$342.6M$280.9M1000x
ShortBitget XAUTUSDT4,367.9−0.0104pay 0.0052% / 4h18m 32s$26.2M$15.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$31.5
Price spread: +0.014% → +0.002%
$1.2
Slippage, 4 orders
−$3.3
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$49.6
Costs to cover
0.193%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Bitget: live order book, 5 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, 6 min ago0.34 bp2.3 bp −$22.4 bp −$245.0 bp −$49525.1 bp −$12.5K
Sell Bitget live order book, 5 min ago0.01 bp7.1 bp −$79.7 bp −$97doesn'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−0.0158%1h4,361.9−0.123%$56K$32K20xas long as short
Bitget XAUTUSDTshort−0.0104%4h4,367.9+0.014%$26.2M$15.1M75x
Injective XAUT/USDC PERP−0.0055%1h4,349.8−0.401%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,369.1+0.041%$131.9M$8.0M100xas long as short
MEXC XAUT_USDTlong+0.0046%4h4,367.3long leg$342.6M$280.9M1000x
Bybit XAUTUSDT+0.0047%4h4,367.4+0.002%$121.0M$27.4M75xas long as short
SoDEX XAUT-USD+0.0050%1h4,367.6+0.007%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0058%4h4,360.9−0.147%$33.3M$3.4Mas long as short
Nado XAUT-PERP+0.0100%1h4,365.3−0.046%$4.2M$994K10xas long as short
Binance XAUTUSDT+0.0100%4h4,368.5+0.027%$35.6M$46.4M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,370.2+0.065%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,367.5+0.003%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,359.8−0.171%$719$114K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,365.4−0.044%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,367.4+0.002%$1.9M$209K10xas long as short
SunX XAUT-USDT+0.0100%4h4,372.9+0.129%$3K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,359.8−0.173%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,367.4+0.003%$272K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0105%1h4,368.2+0.020%$5.3M$3.6M50xas long as short
BloFin XAUT-USDT+0.0171%4h4,365−0.053%$2.3M$1.7M75xas long as short