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+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against MEXC+0.038%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$210.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 7 days−0.037%−$4 · spread now +0.038%, 7d avg +0.024%
Together, before fees+0.040%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAUT_USDT4,355.50.0014pay 0.0007% / 4h2h 33m$331.1M$283.0M1000x
ShortKuCoin XAUTUSDTM4,357.20.0100get 0.0050% / 4h2h 33m$11.4M$2.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$18.06
Price spread: +0.038% → +0.024%
$1.39
Slippage, 4 orders
−$4.72
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1.27
Costs to cover
0.207%
Break-even
7.5 days
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago0.34 bp2.3 bp −$22.3 bp −$234.3 bp −$42725.9 bp −$13.0K
Sell KuCoin live order book, 10 min ago0.01 bp8.6 bp −$914.8 bp −$148doesn't fitdoesn't fit

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−0.0282%1h4,353.4−0.049%$56K$30K20xas long as short
Bitget XAUTUSDT−0.0040%4h4,354.3−0.027%$25.8M$15.2M75xas long as short
Gate XAUT_USDT0.0000%8h4,357.5+0.046%$130.6M$8.2M100xas long as short
Bybit XAUTUSDT+0.0008%4h4,354.5−0.022%$120.7M$27.8M75xas long as short
MEXC XAUT_USDTlong+0.0014%4h4,355.5long leg$331.1M$283.0M1000x
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.131%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,357.8+0.053%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0060%4h4,350.7−0.111%$33.0M$3.5Mas long as short
Nado XAUT-PERP+0.0100%1h4,354.1−0.033%$4.2M$993K10xas long as short
Binance XAUTUSDT+0.0100%4h4,355.4−0.003%$35.3M$46.8M75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTMshort+0.0100%4h4,357.2+0.038%$11.4M$2.9M75x
BingX XAUT-USDT+0.0100%4h4,354.8−0.017%$17.8Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,351.4−0.095%$666$111K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,355−0.011%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,356.8+0.030%$1.9M$266K10xas long as short
SunX XAUT-USDT+0.0100%4h4,360.9+0.124%$3K$3.6M20xas long as short
HTX XAUT-USDT+0.0100%4h4,353.7−0.041%$1.9M$242K75xas long as short
Extended XAUT-USD+0.0104%1h4,355.3−0.004%$272K$213K25xas long as short
Kraken Futures PF_XAUTUSD+0.0300%1h4,357.8+0.053%$5.3M$4.1M50xas long as short