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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.042%
Price spread now: BloFin against SunX−0.166%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$780.776% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.352%+$35 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.166%, 7d avg −0.103%
Together, before fees+0.451%+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.063% cheaper against SunX than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.103%). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XAUT-USDT4,346.40.0100pay 0.0050% / 4h3h 46m$3K$3.3M20x
ShortBloFin XAUT-USDT4,339.20.0340get 0.0170% / 4h3h 46m$2.3M$1.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$50.4
Price spread: −0.166% → −0.103%
−$6.34
Slippage, 4 orders
−$57.62
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$33.56
Costs to cover
0.776%
Break-even
11.7 days
Slippage from SunX: live order book, 11 min ago; BloFin: 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, 11 min ago21.51 bp25.5 bp −$2654.6 bp −$546doesn't fitdoesn't fit
Sell BloFin live order book, 1 min ago0.46 bp7.2 bp −$78.6 bp −$8613.9 bp −$1,39326.6 bp −$13.3K

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−0.0353%1h4,338.7−0.177%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0046%4h4,339.4−0.162%$25.8M$15.4M75xas long as short
Variational Omni XAUT−0.0005%4h4,337.4−0.208%$33.0M$3.5Mas long as short
Gate XAUT_USDT0.0000%8h4,340.5−0.136%$130.2M$8.1M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.078%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,338.9−0.173%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0055%4h4,338.9−0.174%$35.1M$45.1M75xas long as short
Extended XAUT-USD+0.0056%1h4,337.6−0.203%$272K$215K25xas long as short
Nado XAUT-PERP+0.0100%1h4,339.6−0.156%$4.2M$911K10xas long as short
Bybit XAUTUSDT+0.0100%4h4,339.8−0.153%$120.1M$27.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,339.8−0.152%$390.0M$270.3M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,340.7−0.133%$11.5M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,339.3−0.163%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,338.1−0.193%$807$106K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,338.6−0.180%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,340.1−0.145%$1.8M$299K10xas long as short
SunX XAUT-USDTlong+0.0100%4h4,346.4long leg$3K$3.3M20x
HTX XAUT-USDT+0.0100%4h4,335.7−0.247%$1.8M$226K75xas long as short
Kraken Futures PF_XAUTUSD+0.0138%1h4,341−0.126%$5.7M$4.4M50xas long as short
BloFin XAUT-USDTshort+0.0340%4h4,339.2−0.166%$2.3M$1.6M75x