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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.017%
Price spread now: Orderly against Bitget+0.022%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Orderly is 0.022% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAUTUSDT4,338−0.0236get 0.0118% / 4h2h 11m$26.3M$15.3M75x
ShortOrderly PERP_XAUT_USDC_mythos4,338.90.0100get 0.0050% / 4h2h 11m$267$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$70.56
Price spread: +0.022% → 0.000%
$2.19
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$54.75
Costs to cover
0.180%
Break-even
1.6 days
Slippage unknown: Bitget: live order book, 8 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 8 min ago0.01 bp9.7 bp −$1012.9 bp −$129doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XAUTUSDTlong−0.0236%4h4,338long leg$26.3M$15.3M75x
Aftermath Perps XAUTUSD−0.0207%1h4,338.8+0.019%$56K$33K20xas long as short
Kraken Futures PF_XAUTUSD−0.0097%1h4,340.8+0.065%$5.3M$3.6M50xas long as short
Injective XAUT/USDC PERP−0.0056%1h4,343.8+0.135%$8K$76K30xas long as short
Gate XAUT_USDT0.0000%8h4,340.4+0.056%$132.0M$9.1M100xas long as short
Variational Omni XAUT+0.0046%4h4,340.6+0.060%$33.1M$3.3Mas long as short
SoDEX XAUT-USD+0.0050%1h4,341.5+0.082%$10.1M$2.1M25xas long as short
Extended XAUT-USD+0.0072%1h4,337.8−0.003%$272K$217K25xas long as short
Binance XAUTUSDT+0.0073%4h4,338.4+0.010%$35.4M$46.0M75xas long as short
Nado XAUT-PERP+0.0100%1h4,338+0.002%$4.2M$995K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUTUSDT+0.0100%4h4,338.2+0.006%$120.2M$28.1M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,339.1+0.027%$344.7M$278.3M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,340.6+0.060%$11.7M$3.3M75xas long as short
BingX XAUT-USDT+0.0100%4h4,338.3+0.008%$17.7Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,338.5+0.013%$655$115K10xas long as short
Orderly PERP_XAUT_USDC_mythosshort+0.0100%4h4,338.9+0.022%$267$17K10x
Derive XAUT-PERP+0.0100%1h4,340.1+0.049%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,343.1+0.119%$3K$3.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,337.3−0.016%$1.8M$230K75xas long as short
BloFin XAUT-USDT+0.0340%4h4,338.1+0.003%$2.4M$1.7M75xas long as short