Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%

Price spread now: BingX against HTX+0.074%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$340.345% of the position

Long on HTX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.074%, 7d avg +0.044%

Together, before fees+0.109%+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.029% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAUT-USDT	4,357	0.0100	pay 0.0050% / 4h	3h 35m	$1.9M	$231K	75x
Short	BingX XAUT-USDT	4,360.2	0.0100	get 0.0050% / 4h	3h 35m	—	$17.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee BingXbpOrdersPrice spread, now +0.074%Rate

Funding earned: $0
Price spread: +0.074% → +0.044%: $2.94
Slippage, 4 orders: −$12.47
Fee HTX: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$31.53
Costs to cover: 0.345%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 3 min ago	3.57 bp	12.2 bp −$12	19.3 bp −$193	34.0 bp −$3,397	doesn't fit
Sell BingX live order book, 3 min ago	0.14 bp	5.1 bp −$5	6.2 bp −$62	11.1 bp −$1,114	38.7 bp −$19.3K

XAUT on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAUTUSD	−0.0195%	1h	4,360.2	+0.074%	$56K	$31K	20x	as long as short
Bitget XAUTUSDT	−0.0056%	4h	4,359.1	+0.049%	$25.9M	$15.2M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,361.6	+0.106%	$131.4M	$8.1M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	−0.165%	$8K	$149K	30x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,362.4	+0.124%	$10.2M	$2.0M	25x	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,359.6	+0.061%	$4.2M	$1.0M	10x	as long as short
Binance XAUTUSDT	+0.0100%	4h	4,359.9	+0.067%	$35.5M	$46.7M	75x	as long as short
Bybit XAUTUSDT	+0.0100%	4h	4,360.1	+0.072%	$121.0M	$27.8M	75x	as long as short
MEXC XAUT_USDT	+0.0100%	4h	4,360.9	+0.090%	$337.8M	$280.5M	1000x	as long as short
KuCoin XAUTUSDTM	+0.0100%	4h	4,362.9	+0.135%	$11.4M	$2.9M	75x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XAUT-USDTshort	+0.0100%	4h	4,360.2	+0.074%	—	$17.9M	—
Variational Omni XAUT	+0.0100%	4h	4,359.5	+0.057%	$33.3M	$3.4M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,358.8	+0.042%	$554	$115K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,360	+0.069%	$268	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,362.1	+0.118%	$1.9M	$245K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,363.6	+0.151%	$2K	$3.7M	20x	as long as short
HTX XAUT-USDTlong	+0.0100%	4h	4,357	long leg	$1.9M	$231K	75x
Extended XAUT-USD	+0.0104%	1h	4,359.4	+0.054%	$274K	$231K	25x	as long as short
Kraken Futures PF_XAUTUSD	+0.0118%	1h	4,362.9	+0.135%	$5.3M	$4.0M	50x	as long as short
BloFin XAUT-USDT	+0.0340%	4h	4,358.7	+0.039%	$2.3M	$1.7M	75x	as long as short