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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.065%7-day average −0.031% · 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−$19as in the Price arb table
costs, in and out, $10k−$160.160% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.065%, 7d avg −0.031%
Together, before fees+0.030%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.034% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XAUT-USDT4,318.50.0100pay 0.0050% / 4h2h 18m$21.1M
ShortExtended XAUT-USD4,315.70.0104get 0.0013% / 1h18m 09s$274K$206K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
$0.84
Price spread: −0.065% → −0.031%
−$3.41
Slippage, 4 orders
−$0.95
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$18.52
Costs to cover
0.160%
Break-even
161.3 days
Slippage from BingX: live order book, 14 min ago; Extended: live order book, 32 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 BingX live order book, 14 min ago0.14 bp5.1 bp −$55.8 bp −$5810.0 bp −$1,00254.3 bp −$27.1K
Sell Extended live order book, 32 min ago0.12 bp2.8 bp −$36.2 bp −$62doesn't fitdoesn't fit

XAUT on 19 exchanges

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−0.0166%1h4,317.3−0.027%$55K$11K20xas long as short
Bitget XAUTUSDT−0.0150%4h4,317.8−0.016%$26.9M$22.6M75xas long as short
Gate XAUT_USDT0.0000%8h4,320.4+0.044%$130.5M$10.5M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.725%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,316.5−0.047%$10.1M$2.1M25xas long as short
Variational Omni XAUT+0.0088%4h4,316.1−0.057%$33.0M$3.6Mas long as short
Nado XAUT-PERP+0.0100%1h4,316.4−0.049%$4.2M$907K10xas long as short
Binance XAUTUSDT+0.0100%4h4,318.1−0.009%$36.0M$49.0M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,318.6+0.002%$119.0M$35.6M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,318.6+0.002%$359.1M$300.1M1000xas long as short
Show all 19 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,320.9+0.055%$12.2M$3.9M75xas long as short
BingX XAUT-USDTlong+0.0100%4h4,318.5long leg$21.1M
GRVT XAUT_USDT_Perp+0.0100%4h4,314.9−0.083%$721$108K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,316.7−0.042%$265$17K10xas long as short
SunX XAUT-USDT+0.0100%4h4,321.1+0.059%$3K$2.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,315−0.082%$1.8M$195K75xas long as short
Extended XAUT-USDshort+0.0104%1h4,315.7−0.065%$274K$206K25x
Kraken Futures PF_XAUTUSD+0.0174%1h4,320.6+0.048%$5.8M$5.5M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,316.4−0.049%$2.3M$725K75xas long as short