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+0.0044%/8h= +4.8% APRpaid last 24h −0.008%
Price spread now: Gate against Bitget+0.035%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 7 days+0.014%+$1 · spread now +0.035%, 7d avg +0.044%
Together, before fees−0.089%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.103%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAUTUSDT4,344.7−0.0044get 0.0022% / 4h45m 20s$26.0M$15.2M75x
ShortGate XAUT_USDT4,346.20get 0.0000% / 8h4h 45m$130.6M$8.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$9.24
Price spread: +0.035% → +0.044%
−$0.94
Slippage, 4 orders
−$5.73
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$24.43
Costs to cover
0.327%
Break-even
25.5 days
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 4 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 Bitget live order book, 3 min ago0.01 bp7.5 bp −$89.9 bp −$99doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago0.12 bp10.0 bp −$1013.8 bp −$13821.4 bp −$2,14048.5 bp −$24.2K

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−0.0325%1h4,343.6−0.026%$56K$29K20xas long as short
Bybit XAUTUSDT−0.0048%4h4,344.8+0.003%$120.0M$28.1M75xas long as short
MEXC XAUT_USDT−0.0044%4h4,343.9−0.018%$354.1M$272.7M1000xas long as short
Bitget XAUTUSDTlong−0.0044%4h4,344.7long leg$26.0M$15.2M75x
Variational Omni XAUT−0.0026%4h4,342.4−0.051%$33.1M$3.5Mas long as short
Gate XAUT_USDTshort0.0000%8h4,346.2+0.035%$130.6M$8.1M100x
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.118%$8K$149K30xas long as short
Binance XAUTUSDT+0.0045%4h4,344.4−0.006%$35.1M$45.6M75xas long as short
Extended XAUT-USD+0.0048%1h4,343.2−0.033%$272K$213K25xas long as short
BingX XAUT-USDT+0.0048%4h4,344.1−0.012%$17.8Mas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX XAUT-USD+0.0050%1h4,344.9+0.005%$10.1M$2.0M25xas long as short
Nado XAUT-PERP+0.0100%1h4,344.1−0.013%$4.2M$981K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,346.2+0.036%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,341.7−0.068%$1K$109K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,343.9−0.018%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,345.6+0.021%$1.8M$295K10xas long as short
SunX XAUT-USDT+0.0100%4h4,350.2+0.126%$2K$3.4M20xas long as short
HTX XAUT-USDT+0.0100%4h4,340.6−0.094%$1.8M$234K75xas long as short
Kraken Futures PF_XAUTUSD+0.0222%1h4,346.8+0.048%$5.7M$4.5M50xas long as short
BloFin XAUT-USDT+0.0233%4h4,343.8−0.020%$2.3M$1.6M75xas long as short