XAUT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.015%

Price spread now: Bybit against SunX−0.125%7-day average −0.101% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$760.758% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.115%−$11 on $10k

Price spread, last 3 days (all we have)+0.025%+$2 · spread now −0.125%, 7d avg −0.101%

Together, before fees−0.090%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.023% cheaper against SunX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.101%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAUT-USDT	4,354.7	0.0100	pay 0.0050% / 4h	1h 57m	$3K	$3.5M	20x
Short	Bybit XAUTUSDT	4,349.3	0.0062	get 0.0031% / 4h	1h 57m	$120.5M	$27.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee SunXbpFee BybitbpOrdersPrice spread, now −0.125%Rate

Funding earned: −$7.89
Price spread: −0.125% → −0.101%: −$2.34
Slippage, 4 orders: −$56.81
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$86.05
Costs to cover: 0.758%
Break-even: never at this rate

Slippage from SunX: live order book, 10 min ago; Bybit: live order book, 1 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 SunX live order book, 10 min ago	21.50 bp	25.5 bp −$26	54.6 bp −$546	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.12 bp	5.6 bp −$6	6.6 bp −$66	14.2 bp −$1,416	doesn't fit

XAUT on 19 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	−0.0286%	1h	4,348.2	−0.150%	$56K	$30K	20x	as long as short
Bitget XAUTUSDT	−0.0038%	4h	4,349.3	−0.125%	$25.9M	$15.3M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,351.1	−0.083%	$130.2M	$8.1M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	−0.113%	$8K	$149K	30x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,350.7	−0.093%	$10.2M	$2.0M	25x	as long as short
MEXC XAUT_USDT	+0.0062%	4h	4,349.2	−0.127%	$340.5M	$274.9M	1000x	as long as short
Bybit XAUTUSDTshort	+0.0062%	4h	4,349.3	−0.125%	$120.5M	$27.6M	75x
Variational Omni XAUT	+0.0070%	4h	4,346.2	−0.196%	$33.0M	$3.5M	—	as long as short
Extended XAUT-USD	+0.0096%	1h	4,348.2	−0.149%	$272K	$213K	25x	as long as short
Binance XAUTUSDT	+0.0097%	4h	4,349	−0.131%	$35.2M	$46.6M	75x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XAUT-PERP	+0.0100%	1h	4,349.9	−0.112%	$4.2M	$998K	10x	as long as short
KuCoin XAUTUSDTM	+0.0100%	4h	4,351.7	−0.070%	$11.3M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,349.7	−0.116%	—	$17.8M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,347.7	−0.161%	$317	$110K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,349.1	−0.129%	$267	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,351	−0.086%	$1.9M	$269K	10x	as long as short
SunX XAUT-USDTlong	+0.0100%	4h	4,354.7	long leg	$3K	$3.5M	20x
HTX XAUT-USDT	+0.0100%	4h	4,347.5	−0.166%	$1.8M	$243K	75x	as long as short
Kraken Futures PF_XAUTUSD	+0.0187%	1h	4,352.4	−0.054%	$5.7M	$4.4M	50x	as long as short