Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%

Price spread now: Orderly against MEXC−0.002%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XAUT_USDT	4,347	0.0100	pay 0.0050% / 4h	2h 46m	$388.5M	$267.6M	1000x
Short	Orderly PERP_XAUT_USDC_mythos	4,346.9	0.0100	get 0.0050% / 4h	2h 46m	$267	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee MEXCbpFee OrderlybpOrdersPrice spread, now −0.002%Rate

Funding earned: $0
Price spread: −0.002% → 0.000%: −$0.23
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$10.23
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 2 min ago	0.34 bp	2.3 bp −$2	2.5 bp −$25	5.4 bp −$542	23.5 bp −$11.8K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAUT on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAUTUSD	−0.0321%	1h	4,346.4	−0.014%	$56K	$29K	20x	as long as short
Bitget XAUTUSDT	−0.0034%	4h	4,346.9	−0.002%	$25.9M	$15.4M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,348.5	+0.035%	$130.6M	$8.0M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.064%	$8K	$149K	30x	as long as short
Variational Omni XAUT	+0.0049%	4h	4,345.7	−0.030%	$33.1M	$3.4M	—	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,346.7	−0.007%	$10.1M	$2.0M	25x	as long as short
Binance XAUTUSDT	+0.0096%	4h	4,346.9	−0.003%	$35.3M	$45.2M	75x	as long as short
Extended XAUT-USD	+0.0096%	1h	4,345.7	−0.029%	$268K	$214K	25x	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,346.5	−0.011%	$4.2M	$910K	10x	as long as short
Bybit XAUTUSDT	+0.0100%	4h	4,346.6	−0.010%	$120.5M	$27.8M	75x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XAUT_USDTlong	+0.0100%	4h	4,347	long leg	$388.5M	$267.6M	1000x
KuCoin XAUTUSDTM	+0.0100%	4h	4,348.9	+0.043%	$11.5M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,347.3	+0.006%	—	$17.8M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,346.4	−0.013%	$304	$105K	10x	as long as short
Orderly PERP_XAUT_USDC_mythosshort	+0.0100%	4h	4,346.9	−0.002%	$267	$17K	10x
Derive XAUT-PERP	+0.0100%	1h	4,347.9	+0.021%	$1.8M	$304K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,352.4	+0.124%	$2K	$3.2M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,345.2	−0.041%	$1.8M	$236K	75x	as long as short
Kraken Futures PF_XAUTUSD	+0.0167%	1h	4,349.1	+0.048%	$5.7M	$4.5M	50x	as long as short
BloFin XAUT-USDT	+0.0340%	4h	4,346.5	−0.012%	$2.3M	$1.6M	75x	as long as short