Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0290%/8h= +31.8% APRpaid last 24h +0.057%

Price spread now: BloFin against SoDEX+0.026%7-day average −0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$210.211% of the position

Long on SoDEX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.248%+$25 on $10k

Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.026%, 7d avg −0.049%

Together, before fees+0.126%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.075% dearer against SoDEX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XAUT-USD	4,308.4	0.0050	pay 0.0006% / 1h	8m 47s	$10.1M	$2.1M	25x
Short	BloFin XAUT-USDT	4,309.5	0.0340	get 0.0170% / 4h	8m 47s	$2.3M	$1.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SoDEX. 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 SoDEXbpFee BloFinbpOrdersPrice spread, now +0.026%Rate

Funding earned: $60.9
Price spread: +0.026% → −0.049%: $7.45
Slippage, 4 orders: −$1.1
Fee SoDEX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $47.25
Costs to cover: 0.211%
Break-even: 1.6 days

Slippage from SoDEX: live order book, 5 min ago; BloFin: live order book, 4 min ago.

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 SoDEX live order book, 5 min ago	0.12 bp	4.1 bp −$4	4.9 bp −$49	44.8 bp −$4,482	doesn't fit
Sell BloFin live order book, 4 min ago	0.35 bp	6.3 bp −$6	7.3 bp −$73	12.6 bp −$1,261	doesn't fit

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	−0.0211%	1h	4,312.3	+0.090%	$55K	$11K	20x	as long as short
Bitget XAUTUSDT	−0.0034%	4h	4,306.6	−0.043%	$27.6M	$19.9M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,310.3	+0.044%	$131.0M	$9.0M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.961%	$8K	$149K	30x	as long as short
SoDEX XAUT-USDlong	+0.0050%	1h	4,308.4	long leg	$10.1M	$2.1M	25x
Variational Omni XAUT	+0.0072%	4h	4,312.5	+0.095%	$32.8M	$3.4M	—	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,310.5	+0.049%	$4.1M	$953K	10x	as long as short
Binance XAUTUSDT	+0.0100%	4h	4,307.2	−0.029%	$35.5M	$47.2M	75x	as long as short
Bybit XAUTUSDT	+0.0100%	4h	4,307.6	−0.020%	$118.7M	$31.0M	75x	as long as short
MEXC XAUT_USDT	+0.0100%	4h	4,307.7	−0.016%	$360.5M	$287.7M	1000x	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	4,310.3	+0.044%	$11.8M	$3.2M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,308.8	+0.008%	—	$19.5M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,311.5	+0.071%	$586	$111K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,309.9	+0.035%	$265	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,309.1	+0.016%	$1.8M	$350K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,312.6	+0.097%	$2K	$3.0M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,309.5	+0.026%	$1.8M	$201K	75x	as long as short
Extended XAUT-USD	+0.0104%	1h	4,307.2	−0.028%	$267K	$196K	25x	as long as short
Kraken Futures PF_XAUTUSD	+0.0229%	1h	4,310.3	+0.044%	$5.8M	$5.3M	50x	as long as short
BloFin XAUT-USDTshort	+0.0340%	4h	4,309.5	+0.026%	$2.3M	$1.5M	75x