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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against BingX+0.043%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$260.258% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.043%, 7d avg +0.015%
Together, before fees−0.058%−$6 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: KuCoin is 0.027% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XAUT-USDT4,371.50.0100pay 0.0050% / 4h3h 49m$18.0M
ShortKuCoin XAUTUSDTM4,373.40.0100get 0.0050% / 4h3h 49m$11.4M$2.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: +0.043% → +0.015%
$2.74
Slippage, 4 orders
−$3.84
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$23.1
Costs to cover
0.258%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 9 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, 9 min ago0.14 bp5.6 bp −$66.1 bp −$6110.8 bp −$1,08257.2 bp −$28.6K
Sell KuCoin live order book, 9 min ago0.01 bp7.8 bp −$813.8 bp −$138doesn't fitdoesn'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−0.0158%1h4,370.6−0.022%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0064%4h4,370.3−0.028%$26.0M$15.3M75xas long as short
Gate XAUT_USDT0.0000%8h4,372.5+0.022%$131.8M$8.0M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.497%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,373.3+0.041%$10.2M$2.0M25xas long as short
Variational Omni XAUT+0.0081%4h4,368.1−0.079%$33.3M$3.4Mas long as short
Nado XAUT-PERP+0.0100%1h4,372.1+0.014%$4.2M$1.0M10xas long as short
Binance XAUTUSDT+0.0100%4h4,370.4−0.025%$35.6M$46.8M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,371.1−0.010%$121.1M$27.7M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,372+0.011%$339.4M$277.7M1000xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTMshort+0.0100%4h4,373.4+0.043%$11.4M$2.9M75x
BingX XAUT-USDTlong+0.0100%4h4,371.5long leg$18.0M
GRVT XAUT_USDT_Perp+0.0100%4h4,369.9−0.037%$887$115K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,371.6+0.002%$269$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,373.1+0.036%$1.9M$240K10xas long as short
SunX XAUT-USDT+0.0100%4h4,377.6+0.139%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,370−0.035%$1.9M$231K75xas long as short
Extended XAUT-USD+0.0104%1h4,370.5−0.022%$274K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0118%1h4,374+0.056%$5.3M$4.0M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,370.4−0.026%$2.3M$1.7M75xas long as short