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−0.0238%/8h= −26.1% APRnext payment $1.19 per $10,000 · paid last 24h −0.065%
Price spread now: MEXC against BloFin+0.044%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$180.183% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.465%−$46 on $10k
Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.044%, 7d avg −0.008%
Together, before fees−0.664%−$66 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.052% dearer against BloFin than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.008%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAUT-USDT4,3500.0226pay 0.0113% / 4h1h 26m$2.3M$1.6M75x
ShortMEXC XAUT_USDT4,351.9−0.0012pay 0.0006% / 4h1h 26m$343.1M$280.8M1000x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$50.01
Price spread: +0.044% → −0.008%
$5.17
Slippage, 4 orders
−$2.29
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$63.14
Costs to cover
0.183%
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago0.46 bp7.1 bp −$77.3 bp −$7310.8 bp −$1,075doesn't fit
Sell MEXC live order book, 2 min ago0.34 bp2.3 bp −$22.5 bp −$254.7 bp −$46721.1 bp −$10.5K

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−0.0310%1h4,349.8−0.003%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0034%4h4,352.2+0.051%$25.9M$15.2M75xas long as short
Bybit XAUTUSDT−0.0015%4h4,352+0.046%$120.4M$27.9M75xas long as short
MEXC XAUT_USDTshort−0.0012%4h4,351.9+0.044%$343.1M$280.8M1000x
Gate XAUT_USDT0.0000%8h4,354+0.092%$130.5M$8.2M100xas long as short
Variational Omni XAUT+0.0018%4h4,347.8−0.052%$33.1M$3.5Mas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.005%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,353+0.069%$10.2M$2.0M25xas long as short
Extended XAUT-USD+0.0072%1h4,350.9+0.022%$272K$213K25xas long as short
Binance XAUTUSDT+0.0075%4h4,352.1+0.048%$35.2M$45.5M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XAUT-USDT+0.0076%4h4,352.1+0.047%$17.8Mas long as short
Nado XAUT-PERP+0.0100%1h4,350.9+0.021%$4.2M$1.0M10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,354+0.092%$11.5M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,348.9−0.026%$731$109K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,351.1+0.025%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,353.3+0.076%$1.9M$279K10xas long as short
SunX XAUT-USDT+0.0100%4h4,356.3+0.145%$2K$3.4M20xas long as short
HTX XAUT-USDT+0.0100%4h4,349.3−0.015%$1.9M$234K75xas long as short
Kraken Futures PF_XAUTUSD+0.0187%1h4,354.6+0.105%$5.7M$4.5M50xas long as short
BloFin XAUT-USDTlong+0.0226%4h4,350long leg$2.3M$1.6M75x