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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0309%/8h= +33.8% APRnext payment +$0.39 per $10,000 · paid last 24h +0.098%
Price spread now: Derive against Aftermath Perps+0.064%54s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Derive is 0.064% dearer against Aftermath Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XAUTUSD4,310.4−0.0209get 0.0026% / 1h47m 56s$55K$11K20x
ShortDerive XAUT-PERP4,313.10.0100get 0.0013% / 1h47m 56s$1.7M$350K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against Aftermath Perps. 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
$64.84
Price spread: +0.064% → 0.000%
$6.41
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Derive: 3 bp × 2 orders
−$6
Net
$56.26
Costs to cover
0.150%
Break-even
0.9 days
Slippage unknown: Aftermath Perps: no order-book sample; Derive: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Derive no order-book sample
Aftermath Perps and Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 XAUTUSDlong−0.0209%1h4,310.4long leg$55K$11K20x
Bitget XAUTUSDT−0.0074%4h4,310.8+0.009%$27.4M$20.7M75xas long as short
Gate XAUT_USDT0.0000%8h4,313.9+0.082%$130.4M$9.2M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.915%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,309.7−0.015%$10.1M$2.1M25xas long as short
Variational Omni XAUT+0.0082%4h4,311.2+0.020%$32.7M$3.4Mas long as short
Nado XAUT-PERP+0.0100%1h4,312.3+0.044%$4.1M$963K10xas long as short
Binance XAUTUSDT+0.0100%4h4,311.3+0.023%$35.8M$47.7M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,312.1+0.040%$118.7M$31.8M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,312.1+0.040%$379.5M$282.6M1000xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,314.3+0.091%$12.0M$3.3M75xas long as short
BingX XAUT-USDT+0.0100%4h4,312+0.037%$19.6Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,308.2−0.050%$741$108K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,312.7+0.054%$265$17K10xas long as short
Derive XAUT-PERPshort+0.0100%1h4,313.1+0.064%$1.7M$350K10x
SunX XAUT-USDT+0.0100%4h4,315.7+0.124%$3K$3.0M20xas long as short
HTX XAUT-USDT+0.0100%4h4,311.6+0.028%$1.8M$205K75xas long as short
Extended XAUT-USD+0.0104%1h4,310.2−0.005%$265K$198K25xas long as short
Kraken Futures PF_XAUTUSD+0.0290%1h4,313.1+0.063%$5.8M$5.4M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,313.1+0.064%$2.3M$1.7M75xas long as short