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−0.0142%/8h= −15.5% APRpaid last 24h −0.015%
Price spread now: MEXC against Nado+0.009%7-day average −0.012% · you sell dearer than you buy
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−$130.129% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.044%−$4 on $10k
Price spread, last 7 days−0.047%−$5 · spread now +0.009%, 7d avg −0.012%
Together, before fees−0.090%+ Points / potential airdropNado: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.021% dearer against Nado than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.012%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 3 days (−0.044% in total) that is about 38 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAUT-PERP4,3430.0100pay 0.0012% / 1h37m 17s$4.2M$983K10x
ShortMEXC XAUT_USDT4,343.4−0.0042pay 0.0021% / 4h37m 17s$355.1M$273.4M1000x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$29.82
Price spread: +0.009% → −0.012%
$2.05
Slippage, 4 orders
−$1.86
Fee Nado: 3.5 bp × 2 orders
−$7
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$40.63
Costs to cover
0.129%
Break-even
never at this rate
Slippage from Nado: live order book, 2 min ago; MEXC: 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 bp4.3 bp −$46.6 bp −$66692.6 bp −$69.3Kdoesn't fit
Sell MEXC live order book, 2 min ago0.23 bp2.2 bp −$22.4 bp −$245.3 bp −$53024.4 bp −$12.2K

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−0.0328%1h4,344.3+0.029%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0044%4h4,342.7−0.007%$25.9M$15.2M75xas long as short
Bybit XAUTUSDT−0.0044%4h4,344.2+0.027%$120.0M$28.0M75xas long as short
MEXC XAUT_USDTshort−0.0042%4h4,343.4+0.009%$355.1M$273.4M1000x
Variational Omni XAUT−0.0033%4h4,344.7+0.040%$33.1M$3.5Mas long as short
Gate XAUT_USDT0.0000%8h4,344.6+0.036%$130.5M$8.1M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.156%$8K$149K30xas long as short
Extended XAUT-USD+0.0040%1h4,342−0.023%$272K$213K25xas long as short
Binance XAUTUSDT+0.0042%4h4,343.9+0.020%$35.1M$45.5M75xas long as short
BingX XAUT-USDT+0.0044%4h4,344.1+0.025%$17.8Mas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX XAUT-USD+0.0050%1h4,343.3+0.006%$10.1M$2.0M25xas long as short
Nado XAUT-PERPlong+0.0100%1h4,343long leg$4.2M$983K10x
KuCoin XAUTUSDTM+0.0100%4h4,345.3+0.053%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,344.9+0.042%$982$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,343.2+0.004%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,344.1+0.024%$1.8M$297K10xas long as short
SunX XAUT-USDT+0.0100%4h4,348.2+0.120%$2K$3.4M20xas long as short
HTX XAUT-USDT+0.0100%4h4,340−0.069%$1.8M$226K75xas long as short
BloFin XAUT-USDT+0.0172%4h4,343.5+0.011%$2.3M$1.6M75xas long as short
Kraken Futures PF_XAUTUSD+0.0222%1h4,346.5+0.081%$5.7M$4.5M50xas long as short