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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Nado+0.036%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$250.245% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.005%$0 on $10k
Price spread, last 7 days−0.061%−$6 · spread now +0.036%, 7d avg +0.013%
Together, before fees−0.056%+ Points / potential airdropNado: Active · farm board−$6 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: KuCoin is 0.024% dearer against Nado than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAUT-PERP4,342.80.0100pay 0.0012% / 1h46m 55s$4.2M$1.0M10x
ShortKuCoin XAUTUSDTM4,344.40.0100get 0.0050% / 4h1h 46m$11.3M$2.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: +0.036% → +0.013%
$2.38
Slippage, 4 orders
−$5.55
Fee Nado: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$22.17
Costs to cover
0.245%
Break-even
2277580267439211.5 days
Slippage from Nado: live order book, 2 min ago; KuCoin: live order book, 2 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 bp5.0 bp −$58.1 bp −$81699.2 bp −$69.9Kdoesn't fit
Sell KuCoin live order book, 2 min ago0.01 bp8.0 bp −$813.8 bp −$138doesn'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−0.0285%1h4,345.1+0.052%$56K$30K20xas long as short
Bitget XAUTUSDT−0.0040%4h4,342.5−0.007%$25.9M$15.3M75xas long as short
Gate XAUT_USDT0.0000%8h4,344.7+0.043%$130.1M$8.1M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.160%$8K$149K30xas long as short
Bybit XAUTUSDT+0.0036%4h4,342.7−0.003%$120.3M$27.5M75xas long as short
MEXC XAUT_USDT+0.0040%4h4,342.8−0.001%$349.0M$277.4M1000xas long as short
SoDEX XAUT-USD+0.0050%1h4,343.3+0.011%$10.1M$2.0M25xas long as short
Variational Omni XAUT+0.0061%4h4,343.6+0.018%$33.0M$3.5Mas long as short
Extended XAUT-USD+0.0080%1h4,341.4−0.032%$272K$213K25xas long as short
Binance XAUTUSDT+0.0081%4h4,342.4−0.010%$35.1M$46.6M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0084%4h4,343.1+0.005%$17.8Mas long as short
Nado XAUT-PERPlong+0.0100%1h4,342.8long leg$4.2M$1.0M10x
KuCoin XAUTUSDTMshort+0.0100%4h4,344.4+0.036%$11.3M$2.9M75x
GRVT XAUT_USDT_Perp+0.0100%4h4,345+0.051%$295$109K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,343.2+0.008%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,344.6+0.040%$1.9M$271K10xas long as short
SunX XAUT-USDT+0.0100%4h4,348.7+0.135%$2K$3.5M20xas long as short
HTX XAUT-USDT+0.0100%4h4,343.7+0.019%$1.8M$243K75xas long as short
BloFin XAUT-USDT+0.0165%4h4,344+0.027%$1.6M75xas long as short
Kraken Futures PF_XAUTUSD+0.0188%1h4,345.7+0.066%$5.7M$4.5M50xas long as short