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+0.0277%/8h= +30.4% APRnext payment +$1.39 per $10,000 · paid last 24h +0.052%
Price spread now: BloFin against Binance−0.013%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.233% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.444%+$44 on $10k
Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.013%, 7d avg −0.002%
Together, before fees+0.526%+$53 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAUTUSDT4,341.40.0063pay 0.0031% / 4h3h 20m$35.2M$45.2M75x
ShortBloFin XAUT-USDT4,340.80.0340get 0.0170% / 4h3h 20m$2.3M$1.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$58.26
Price spread: −0.013% → −0.002%
−$1.13
Slippage, 4 orders
−$1.27
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$33.87
Costs to cover
0.233%
Break-even
2.9 days
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 2 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 Binance live order book, 6 min ago0.01 bp5.0 bp −$56.3 bp −$6320.7 bp −$2,074doesn't fit
Sell BloFin live order book, 2 min ago0.23 bp6.2 bp −$67.9 bp −$7913.1 bp −$1,313doesn't fit

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−0.0333%1h4,340.2−0.028%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0042%4h4,341.3−0.001%$25.9M$15.5M75xas long as short
Gate XAUT_USDT0.0000%8h4,342.6+0.028%$130.5M$8.2M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.194%$8K$149K30xas long as short
Variational Omni XAUT+0.0041%4h4,340.5−0.020%$33.1M$3.5Mas long as short
SoDEX XAUT-USD+0.0050%1h4,340.5−0.020%$10.1M$2.0M25xas long as short
Binance XAUTUSDTlong+0.0063%4h4,341.4long leg$35.2M$45.2M75x
Extended XAUT-USD+0.0064%1h4,340.1−0.029%$272K$215K25xas long as short
Nado XAUT-PERP+0.0100%1h4,341.2−0.003%$4.2M$902K10xas long as short
Bybit XAUTUSDT+0.0100%4h4,341.6+0.005%$120.4M$27.9M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,341.3−0.002%$392.5M$271.6M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,342.3+0.021%$11.5M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,341.4+0.002%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,338.3−0.071%$308$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,340.8−0.013%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,341.9+0.013%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,347.6+0.142%$3K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,339.8−0.036%$1.8M$228K75xas long as short
Kraken Futures PF_XAUTUSD+0.0138%1h4,343.4+0.047%$5.7M$4.4M50xas long as short
BloFin XAUT-USDTshort+0.0340%4h4,340.8−0.013%$2.3M$1.6M75x