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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0239%/8h= −26.2% APRnext payment $1.19 per $10,000 · paid last 24h −0.042%
Price spread now: KuCoin against BloFin+0.049%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.384%−$38 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.049%, 7d avg +0.031%
Together, before fees−0.444%−$44 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAUT-USDT4,347.10.0339pay 0.0169% / 4h2h 44m$2.3M$1.6M75x
ShortKuCoin XAUTUSDTM4,349.20.0100get 0.0050% / 4h2h 44m$11.5M$2.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$50.16
Price spread: +0.049% → +0.031%
$1.82
Slippage, 4 orders
−$3.24
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$75.59
Costs to cover
0.272%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 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 BloFin live order book, 3 min ago0.12 bp6.2 bp −$68.1 bp −$8110.7 bp −$1,066doesn't fit
Sell KuCoin live order book, 9 min ago0.01 bp7.2 bp −$713.3 bp −$133doesn'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−0.0320%1h4,347−0.002%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0034%4h4,347−0.003%$25.9M$15.4M75xas long as short
Gate XAUT_USDT0.0000%8h4,348.7+0.037%$130.6M$8.0M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.062%$8K$149K30xas long as short
Variational Omni XAUT+0.0047%4h4,346.2−0.021%$33.1M$3.4Mas long as short
SoDEX XAUT-USD+0.0050%1h4,346.7−0.009%$10.1M$2.0M25xas long as short
Binance XAUTUSDT+0.0096%4h4,347.3+0.004%$35.3M$45.2M75xas long as short
Extended XAUT-USD+0.0096%1h4,346.2−0.020%$268K$214K25xas long as short
Bybit XAUTUSDT+0.0097%4h4,347.1−0.001%$120.6M$27.8M75xas long as short
MEXC XAUT_USDT+0.0098%4h4,347.2+0.002%$388.0M$267.8M1000xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XAUT-PERP+0.0100%1h4,347.1−0.001%$4.2M$878K10xas long as short
KuCoin XAUTUSDTMshort+0.0100%4h4,349.2+0.049%$11.5M$2.9M75x
BingX XAUT-USDT+0.0100%4h4,347.3+0.003%$17.8Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,346.7−0.010%$304$105K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,347.7+0.014%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,348.7+0.037%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,353.2+0.141%$3K$3.2M20xas long as short
HTX XAUT-USDT+0.0100%4h4,345.2−0.043%$1.8M$236K75xas long as short
Kraken Futures PF_XAUTUSD+0.0167%1h4,349.3+0.050%$5.7M$4.5M50xas long as short
BloFin XAUT-USDTlong+0.0339%4h4,347.1long leg$2.3M$1.6M75x