Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0282%/8h= −30.8% APRpaid last 24h −0.066%

Price spread now: Aftermath Perps against Bitget+0.080%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aftermath Perps is 0.080% dearer against Bitget than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUTUSDT	4,322.1	−0.0036	get 0.0018% / 4h	2h 15m	$25.6M	$16.7M	75x
Short	Aftermath Perps XAUTUSD	4,325.6	−0.0318	pay 0.0040% / 1h	15m 19s	$56K	$29K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee Aftermath PerpsbpOrdersPrice spread, now +0.080%Rate

Funding earned: −$59.12
Price spread: +0.080% → 0.000%: $8.01
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$72.12
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 3 min ago; Aftermath Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 3 min ago	0.01 bp	7.2 bp −$7	10.6 bp −$106	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAUTUSDshort	−0.0318%	1h	4,325.6	+0.080%	$56K	$29K	20x
Bitget XAUTUSDTlong	−0.0036%	4h	4,322.1	long leg	$25.6M	$16.7M	75x
Gate XAUT_USDT	0.0000%	8h	4,325.6	+0.081%	$130.2M	$8.5M	100x	as long as short
Bybit XAUTUSDT	+0.0026%	4h	4,322.2	+0.002%	$118.2M	$29.9M	75x	as long as short
MEXC XAUT_USDT	+0.0032%	4h	4,323.3	+0.027%	$358.6M	$284.6M	1000x	as long as short
Variational Omni XAUT	+0.0033%	4h	4,324.2	+0.049%	$33.0M	$3.4M	—	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.640%	$8K	$149K	30x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,321.9	−0.005%	$10.1M	$2.0M	25x	as long as short
BingX XAUT-USDT	+0.0098%	4h	4,323.8	+0.039%	—	$18.9M	—	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,324.3	+0.052%	$4.2M	$915K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XAUTUSDT	+0.0100%	4h	4,323.2	+0.025%	$35.2M	$47.0M	75x	as long as short
KuCoin XAUTUSDTM	+0.0100%	4h	4,325.5	+0.078%	$11.7M	$3.0M	75x	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,324.1	+0.045%	$480	$109K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,323.8	+0.039%	$266	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,323.4	+0.030%	$1.8M	$305K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,330.6	+0.197%	$3K	$3.3M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,322.6	+0.011%	$1.8M	$239K	75x	as long as short
Extended XAUT-USD	+0.0104%	1h	4,322.2	+0.002%	$267K	$214K	25x	as long as short
BloFin XAUT-USDT	+0.0106%	4h	4,323.6	+0.034%	$2.3M	$1.6M	75x	as long as short
Kraken Futures PF_XAUTUSD	+0.0168%	1h	4,325.2	+0.072%	$5.7M	$4.8M	50x	as long as short