Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Orderly against Nado−0.001%7-day average — · you buy dearer than you sell

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

Long on Nado Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XAUT-PERP	4,362.1	0.0100	pay 0.0012% / 1h	42m 07s	$4.2M	$995K	10x
Short	Orderly PERP_XAUT_USDC_mythos	4,362	0.0100	get 0.0050% / 4h	42m 07s	$268	$17K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee NadobpFee OrderlybpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → 0.000%: −$0.14
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$13.14
Costs to cover: 0.130%
Break-even: 1350319204435856.5 days

Slippage unknown: Nado: 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 Nado live order book, 2 min ago	0.12 bp	4.1 bp −$4	7.3 bp −$73	1088.6 bp −$108.9K	doesn't fit
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	−0.0189%	1h	4,362.4	+0.008%	$56K	$32K	20x	as long as short
Bitget XAUTUSDT	−0.0140%	4h	4,360.5	−0.037%	$26.2M	$14.9M	75x	as long as short
Injective XAUT/USDC PERP	−0.0055%	1h	4,349.8	−0.281%	$8K	$149K	30x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,362.4	+0.008%	$131.8M	$7.9M	100x	as long as short
Bybit XAUTUSDT	+0.0044%	4h	4,360.9	−0.026%	$120.9M	$27.3M	75x	as long as short
MEXC XAUT_USDT	+0.0044%	4h	4,361	−0.024%	$341.6M	$277.4M	1000x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,362.3	+0.005%	$10.2M	$2.0M	25x	as long as short
Variational Omni XAUT	+0.0057%	4h	4,360.8	−0.029%	$33.3M	$3.3M	—	as long as short
Nado XAUT-PERPlong	+0.0100%	1h	4,362.1	long leg	$4.2M	$995K	10x
Binance XAUTUSDT	+0.0100%	4h	4,361.3	−0.017%	$35.5M	$46.3M	75x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XAUTUSDTM	+0.0100%	4h	4,363.4	+0.030%	$11.4M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,361.4	−0.015%	—	$17.9M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,359.2	−0.066%	$658	$112K	10x	as long as short
Orderly PERP_XAUT_USDC_mythosshort	+0.0100%	4h	4,362	−0.001%	$268	$17K	10x
Derive XAUT-PERP	+0.0100%	1h	4,363.5	+0.033%	$1.9M	$209K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,367.3	+0.121%	$3K	$3.7M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,361	−0.023%	$1.9M	$231K	75x	as long as short
Extended XAUT-USD	+0.0104%	1h	4,361.2	−0.020%	$272K	$231K	25x	as long as short
Kraken Futures PF_XAUTUSD	+0.0105%	1h	4,362.8	+0.017%	$5.3M	$3.6M	50x	as long as short
BloFin XAUT-USDT	+0.0162%	4h	4,360.1	−0.045%	$2.3M	$1.7M	75x	as long as short