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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0036%/8hpaid last 24h −0.017%
Price spread now: Bitget against Extended−0.040%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$180.185% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.040%, 7d avg +0.023%
Together, before fees+0.052%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.063% cheaper against Extended than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.023%). If the spread goes back, that is −$6 on $10k: about 5.8 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAUT-USD4,346.30.0032pay 0.0004% / 1h6m 38s$272K$214K25x
ShortBitget XAUTUSDT4,344.60.0068get 0.0034% / 4h6m 38s$28.2M$12.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
$7.56
Price spread: −0.040% → +0.023%
−$6.25
Slippage, 4 orders
−$1.47
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$17.16
Costs to cover
0.185%
Break-even
22.9 days
Slippage from Extended: live order book, 25 min ago; Bitget: 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 Extended live order book, 25 min ago0.12 bp2.8 bp −$36.8 bp −$68doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.01 bp6.8 bp −$77.8 bp −$78doesn'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−0.0306%1h4,350.1+0.087%$56K$33K20xas long as short
Kraken Futures PF_XAUTUSD−0.0114%1h4,347.4+0.027%$5.4M$3.3M50xas long as short
Variational Omni XAUT−0.0081%4h4,348+0.040%$33.1M$3.2Mas long as short
Bybit XAUTUSDT−0.0080%4h4,345.5−0.018%$120.6M$27.0M75xas long as short
MEXC XAUT_USDT−0.0080%4h4,345.6−0.016%$378.4M$270.0M1000xas long as short
Gate XAUT_USDT0.0000%8h4,347.5+0.028%$132.8M$9.1M100xas long as short
Binance XAUTUSDT+0.0031%4h4,346.7+0.010%$35.3M$44.9M75xas long as short
Extended XAUT-USDlong+0.0032%1h4,346.3long leg$272K$214K25x
Injective XAUT/USDC PERP+0.0033%1h4,340.8−0.126%$8K$87K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,345.8−0.011%$10.1M$2.1M25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XAUTUSDTshort+0.0068%4h4,344.6−0.040%$28.2M$12.7M75x
BingX XAUT-USDT+0.0078%4h4,346.8+0.011%$17.6Mas long as short
Nado XAUT-PERP+0.0100%1h4,345.5−0.018%$4.2M$902K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,346.5+0.005%$11.7M$3.3M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,349.3+0.069%$622$117K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,346.8+0.012%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,346.8+0.012%$1.8M$175K10xas long as short
SunX XAUT-USDT+0.0100%4h4,352.5+0.143%$3K$3.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,344.6−0.038%$1.8M$234K75xas long as short
BloFin XAUT-USDT+0.0161%4h4,346−0.007%$2.4M$1.7M75xas long as short