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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.16 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against Binance+0.004%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.224% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.022%−$2 on $10k
Price spread, last 7 days−0.009%−$1 · spread now +0.004%, 7d avg −0.001%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAUTUSDT4,348.30.0100pay 0.0050% / 4h2h 02m$35.2M$46.6M75x
ShortBybit XAUTUSDT4,348.50.0067get 0.0034% / 4h2h 02m$120.5M$27.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$6.91
Price spread: +0.004% → −0.001%
$0.48
Slippage, 4 orders
−$1.43
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$28.87
Costs to cover
0.224%
Break-even
never at this rate
Slippage from Binance: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago0.01 bp5.0 bp −$56.3 bp −$6320.7 bp −$2,065doesn't fit
Sell Bybit live order book, 1 min ago0.12 bp5.8 bp −$67.2 bp −$7213.1 bp −$1,313doesn't fit

XAUT on 19 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−0.0264%1h4,346.6−0.040%$56K$30K20xas long as short
Bitget XAUTUSDT−0.0042%4h4,348.7+0.008%$25.8M$15.3M75xas long as short
Gate XAUT_USDT0.0000%8h4,349.4+0.025%$130.2M$8.3M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.034%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,348.4+0.002%$10.1M$2.0M25xas long as short
Bybit XAUTUSDTshort+0.0067%4h4,348.5+0.004%$120.5M$27.6M75x
MEXC XAUT_USDT+0.0068%4h4,348−0.008%$342.0M$289.2M1000xas long as short
Variational Omni XAUT+0.0070%4h4,345.8−0.058%$33.0M$3.5Mas long as short
Nado XAUT-PERP+0.0100%1h4,346.5−0.043%$4.2M$998K10xas long as short
Binance XAUTUSDTlong+0.0100%4h4,348.3long leg$35.2M$46.6M75x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,349.5+0.027%$11.3M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,348.4+0.001%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,345.5−0.064%$317$110K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,346.8−0.035%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,348.5+0.004%$1.9M$269K10xas long as short
SunX XAUT-USDT+0.0100%4h4,351.2+0.066%$3K$3.5M20xas long as short
HTX XAUT-USDT+0.0100%4h4,346.8−0.036%$1.8M$244K75xas long as short
Extended XAUT-USD+0.0104%1h4,347−0.031%$272K$213K25xas long as short
Kraken Futures PF_XAUTUSD+0.0301%1h4,350.4+0.048%$5.7M$4.4M50xas long as short