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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against SunX−0.159%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$750.747% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.159%, 7d avg −0.098%
Together, before fees−0.001%$0 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: BingX is 0.060% cheaper against SunX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XAUT-USDT4,347.70.0100pay 0.0050% / 4h3h 22m$3K$3.3M20x
ShortBingX XAUT-USDT4,340.80.0100get 0.0050% / 4h3h 22m$17.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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: −0.159% → −0.098%
−$6.03
Slippage, 4 orders
−$56.74
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$80.77
Costs to cover
0.747%
Break-even
never at this rate
Slippage from SunX: live order book, 6 min ago; BingX: live order book, 1 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 SunX live order book, 6 min ago21.50 bp25.5 bp −$2654.6 bp −$546doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago0.37 bp5.4 bp −$55.7 bp −$5711.2 bp −$1,12436.9 bp −$18.4K

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−0.0331%1h4,339.8−0.182%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0044%4h4,340.2−0.172%$25.9M$15.5M75xas long as short
Gate XAUT_USDT0.0000%8h4,342−0.131%$130.5M$8.2M100xas long as short
Variational Omni XAUT+0.0032%4h4,337.7−0.229%$33.0M$3.5Mas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.048%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,340−0.177%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0060%4h4,340.9−0.155%$35.2M$45.2M75xas long as short
Extended XAUT-USD+0.0064%1h4,339.7−0.184%$272K$215K25xas long as short
Nado XAUT-PERP+0.0100%1h4,340.9−0.158%$4.2M$902K10xas long as short
Bybit XAUTUSDT+0.0100%4h4,340.9−0.156%$120.3M$27.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,340.7−0.161%$392.3M$271.5M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,341.3−0.147%$11.5M$2.9M75xas long as short
BingX XAUT-USDTshort+0.0100%4h4,340.8−0.159%$17.7M
GRVT XAUT_USDT_Perp+0.0100%4h4,338.3−0.217%$308$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,340.7−0.161%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,341.2−0.149%$1.8M$304K10xas long as short
SunX XAUT-USDTlong+0.0100%4h4,347.7long leg$3K$3.3M20x
HTX XAUT-USDT+0.0100%4h4,337.6−0.232%$1.8M$227K75xas long as short
Kraken Futures PF_XAUTUSD+0.0138%1h4,342.7−0.116%$5.7M$4.4M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,339.8−0.182%$2.3M$1.6M75xas long as short