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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.005%
Price spread now: Extended against Nado−0.005%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$140.142% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.034%−$3 on $10k
Price spread, last 4 days (all we have)−0.182%−$18 · spread now −0.005%, 7d avg −0.036%
Together, before fees−0.216%+ Points / potential airdropNado: Active · Extended: Active · farm board−$22 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: Extended is 0.032% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAUT-PERP4,357.40.0100pay 0.0012% / 1h1m 43s$4.2M$981K10x
ShortExtended XAUT-USD4,357.20.0104get 0.0013% / 1h1m 43s$272K$231K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Nado. 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
$0.84
Price spread: −0.005% → −0.036%
$3.15
Slippage, 4 orders
−$2.23
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$10.24
Costs to cover
0.142%
Break-even
92.3 days
Slippage from Nado: live order book, 2 min ago; Extended: 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 Nado live order book, 2 min ago0.12 bp4.8 bp −$57.8 bp −$78679.8 bp −$68.0Kdoesn't fit
Sell Extended live order book, 5 min ago0.12 bp2.8 bp −$36.7 bp −$67doesn'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−0.0273%1h4,356.5−0.021%$56K$30K20xas long as short
Bitget XAUTUSDT−0.0048%4h4,356.7−0.016%$26.0M$15.2M75xas long as short
Gate XAUT_USDT0.0000%8h4,359.6+0.051%$131.1M$8.2M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.174%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,360.1+0.063%$10.2M$2.0M25xas long as short
Nado XAUT-PERPlong+0.0100%1h4,357.4long leg$4.2M$981K10x
Binance XAUTUSDT+0.0100%4h4,357.7+0.008%$35.4M$46.7M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,357.4+0.001%$121.0M$27.7M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,357.3−0.002%$335.8M$284.9M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,360.1+0.061%$11.4M$2.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0100%4h4,358+0.013%$17.9Mas long as short
Variational Omni XAUT+0.0100%4h4,356−0.031%$33.1M$3.5Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,356.9−0.011%$810$114K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,358.5+0.026%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,360+0.060%$1.9M$221K10xas long as short
SunX XAUT-USDT+0.0100%4h4,363.6+0.142%$2K$3.6M20xas long as short
HTX XAUT-USDT+0.0100%4h4,354.3−0.071%$1.8M$231K75xas long as short
Extended XAUT-USDshort+0.0104%1h4,357.2−0.005%$272K$231K25x
Kraken Futures PF_XAUTUSD+0.0118%1h4,360.5+0.073%$5.3M$4.0M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,356.6−0.018%$2.3M$1.6M75xas long as short