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+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against Bitget+0.015%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days−0.015%−$2 · spread now +0.015%, 7d avg −0.002%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAUTUSDT4,347.6−0.0044get 0.0022% / 4h19m 04s$25.9M$15.3M75x
ShortMEXC XAUT_USDT4,348.2−0.0016pay 0.0008% / 4h19m 04s$379.7M$277.0M1000x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$5.88
Price spread: +0.015% → −0.002%
$1.68
Slippage, 4 orders
−$3.34
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$11.78
Costs to cover
0.193%
Break-even
21.0 days
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago0.01 bp7.2 bp −$79.2 bp −$92doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago0.34 bp2.3 bp −$22.3 bp −$235.1 bp −$50627.3 bp −$13.7K

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−0.0337%1h4,347.9+0.008%$56K$29K20xas long as short
Bitget XAUTUSDTlong−0.0044%4h4,347.6long leg$25.9M$15.3M75x
Variational Omni XAUT−0.0022%4h4,346.7−0.019%$33.1M$3.5Mas long as short
Bybit XAUTUSDT−0.0018%4h4,348.7+0.025%$120.2M$28.1M75xas long as short
MEXC XAUT_USDTshort−0.0016%4h4,348.2+0.015%$379.7M$277.0M1000x
Gate XAUT_USDT0.0000%8h4,349.6+0.047%$130.5M$8.2M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.052%$8K$149K30xas long as short
Binance XAUTUSDT+0.0039%4h4,347.7+0.004%$35.2M$45.4M75xas long as short
Extended XAUT-USD+0.0040%1h4,346.5−0.025%$272K$215K25xas long as short
BingX XAUT-USDT+0.0040%4h4,348.7+0.027%$17.8Mas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX XAUT-USD+0.0050%1h4,347.8+0.006%$10.1M$2.0M25xas long as short
Nado XAUT-PERP+0.0100%1h4,348.1+0.014%$4.2M$916K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,349.4+0.043%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,347.2−0.007%$778$107K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,347.3−0.006%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,348.6+0.024%$1.8M$298K10xas long as short
SunX XAUT-USDT+0.0100%4h4,353.5+0.136%$2K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,345.8−0.041%$1.8M$226K75xas long as short
Kraken Futures PF_XAUTUSD+0.0222%1h4,350.2+0.060%$5.7M$4.5M50xas long as short
BloFin XAUT-USDT+0.0222%4h4,348.1+0.012%$2.3M$1.6M75xas long as short