Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%

Price spread now: MEXC against SoDEX−0.034%7-day average −0.060% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$130.129% of the position

Long on SoDEX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.001%$0 on $10k

Price spread, last 3 days (all we have)−0.062%−$6 · spread now −0.034%, 7d avg −0.060%

Together, before fees−0.060%−$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: MEXC is 0.026% dearer against SoDEX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XAUT-USD	4,367.1	0.0050	pay 0.0006% / 1h	14m 01s	$10.2M	$2.0M	25x
Short	MEXC XAUT_USDT	4,365.6	0.0054	get 0.0027% / 4h	14m 01s	$343.7M	$281.9M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0.84
Price spread: −0.034% → −0.060%: $2.61
Slippage, 4 orders: −$0.91
Fee SoDEX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$9.46
Costs to cover: 0.129%
Break-even: 85.8 days

Slippage from SoDEX: live order book, 5 min ago; MEXC: live order book, 5 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	0.11 bp	4.1 bp −$4	4.9 bp −$49	47.5 bp −$4,748	doesn't fit
Sell MEXC live order book, 5 min ago	0.11 bp	2.1 bp −$2	2.6 bp −$26	4.9 bp −$495	23.6 bp −$11.8K

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	−0.0145%	1h	4,365.1	−0.046%	$56K	$32K	20x	as long as short
Bitget XAUTUSDT	−0.0096%	4h	4,365.3	−0.041%	$26.2M	$15.1M	75x	as long as short
Injective XAUT/USDC PERP	−0.0055%	1h	4,349.8	−0.396%	$8K	$149K	30x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,366.9	−0.005%	$131.9M	$8.0M	100x	as long as short
SoDEX XAUT-USDlong	+0.0050%	1h	4,367.1	long leg	$10.2M	$2.0M	25x
MEXC XAUT_USDTshort	+0.0054%	4h	4,365.6	−0.034%	$343.7M	$281.9M	1000x
Bybit XAUTUSDT	+0.0055%	4h	4,365.6	−0.035%	$121.0M	$27.4M	75x	as long as short
Variational Omni XAUT	+0.0061%	4h	4,365.5	−0.036%	$33.3M	$3.4M	—	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,365.8	−0.030%	$4.2M	$995K	10x	as long as short
Binance XAUTUSDT	+0.0100%	4h	4,366.2	−0.022%	$35.6M	$46.5M	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	4,367.9	+0.018%	$11.4M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,365.9	−0.028%	—	$17.9M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,365.5	−0.037%	$738	$115K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,365.9	−0.027%	$268	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,367.6	+0.011%	$1.9M	$209K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,372.8	+0.131%	$3K	$3.7M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,366.4	−0.016%	$1.9M	$232K	75x	as long as short
Extended XAUT-USD	+0.0104%	1h	4,365.3	−0.041%	$272K	$231K	25x	as long as short
Kraken Futures PF_XAUTUSD	+0.0105%	1h	4,367.8	+0.016%	$5.3M	$3.6M	50x	as long as short
BloFin XAUT-USDT	+0.0212%	4h	4,365.2	−0.044%	$2.3M	$1.7M	75x	as long as short