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+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against Bybit+0.007%7-day average 0.000% · 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−$21as in the Price arb table
costs, in and out, $10k−$220.218% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 7 days−0.001%$0 · spread now +0.007%, 7d avg 0.000%
Together, before fees+0.016%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XAUTUSDT4,351.40.0053pay 0.0026% / 4h1h 14m$120.6M$26.9M75x
ShortBinance XAUTUSDT4,351.70.0100get 0.0050% / 4h1h 14m$35.5M$45.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$9.97
Price spread: +0.007% → 0.000%
$0.67
Slippage, 4 orders
−$0.77
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$11.14
Costs to cover
0.218%
Break-even
14.8 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 12 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 Bybit live order book, 4 min ago0.12 bp5.6 bp −$66.3 bp −$6312.1 bp −$1,208doesn't fit
Sell Binance live order book, 12 min ago0.01 bp5.0 bp −$56.4 bp −$6414.5 bp −$1,449doesn'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−0.0204%1h4,351.3−0.001%$56K$32K20xas long as short
Bitget XAUTUSDT−0.0194%4h4,351−0.007%$26.3M$14.7M75xas long as short
Kraken Futures PF_XAUTUSD−0.0105%1h4,353.6+0.053%$5.3M$3.5M50xas long as short
Injective XAUT/USDC PERP−0.0039%1h4,349.8−0.036%$8K$149K30xas long as short
Gate XAUT_USDT0.0000%8h4,352.4+0.024%$131.9M$8.0M100xas long as short
SoDEX XAUT-USD+0.0050%1h4,352.6+0.029%$10.2M$2.0M25xas long as short
MEXC XAUT_USDT+0.0052%4h4,351.1−0.006%$344.6M$283.8M1000xas long as short
Bybit XAUTUSDTlong+0.0053%4h4,351.4long leg$120.6M$26.9M75x
Variational Omni XAUT+0.0056%4h4,350.6−0.017%$33.2M$3.3Mas long as short
Nado XAUT-PERP+0.0100%1h4,351.1−0.005%$4.2M$980K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDTshort+0.0100%4h4,351.7+0.007%$35.5M$45.5M75x
KuCoin XAUTUSDTM+0.0100%4h4,353.1+0.041%$11.6M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,351−0.008%$17.8Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,351.40.000%$540$111K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,350.8−0.013%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,353+0.039%$1.8M$179K10xas long as short
SunX XAUT-USDT+0.0100%4h4,356.2+0.111%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,349.4−0.044%$1.8M$230K75xas long as short
Extended XAUT-USD+0.0104%1h4,350.8−0.013%$272K$217K25xas long as short
BloFin XAUT-USDT+0.0210%4h4,350−0.031%$2.3M$1.7M75xas long as short