Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: Derive against HTX+0.060%7-day average +0.069% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Derive

What this pair did over the last

the charts below follow

Funding, last 7 days+0.142%+$14 on $10k

Price spread, last 3 days (all we have)+0.053%+$5 · spread now +0.060%, 7d avg +0.069%

Together, before fees+0.196%+$20 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAUT-USDT	4,356.3	0.0100	pay 0.0050% / 4h	26m 24s	$1.9M	$232K	75x
Short	Derive XAUT-PERP	4,358.9	0.0100	get 0.0013% / 1h	26m 24s	$1.9M	$209K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now +0.060%Rate

Funding earned: $0
Price spread: +0.060% → +0.069%: −$0.89
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Derive: 3 bp × 2 orders: −$6
Net: −$18.89
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 2 min ago; Derive: no order-book sample. Net counts fees only.

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, 2 min ago	3.98 bp	13.3 bp −$13	19.8 bp −$198	36.7 bp −$3,667	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0150%	1h	4,359.3	+0.069%	$56K	$32K	20x	as long as short
Bitget XAUTUSDT	−0.0118%	4h	4,357.4	+0.025%	$26.2M	$15.0M	75x	as long as short
Injective XAUT/USDC PERP	−0.0055%	1h	4,349.8	−0.148%	$8K	$149K	30x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,359.4	+0.072%	$131.7M	$8.0M	100x	as long as short
MEXC XAUT_USDT	+0.0046%	4h	4,357.6	+0.031%	$342.1M	$278.5M	1000x	as long as short
Bybit XAUTUSDT	+0.0046%	4h	4,357.4	+0.026%	$120.7M	$27.3M	75x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,358.6	+0.054%	$10.2M	$2.0M	25x	as long as short
Variational Omni XAUT	+0.0065%	4h	4,357.8	+0.036%	$33.3M	$3.3M	—	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,357.5	+0.028%	$4.2M	$994K	10x	as long as short
Binance XAUTUSDT	+0.0100%	4h	4,358.4	+0.050%	$35.5M	$46.2M	75x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XAUTUSDTM	+0.0100%	4h	4,360.1	+0.089%	$11.4M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,357.8	+0.036%	—	$17.9M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,358	+0.039%	$379	$113K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,357.8	+0.035%	$268	$17K	10x	as long as short
Derive XAUT-PERPshort	+0.0100%	1h	4,358.9	+0.060%	$1.9M	$209K	10x
SunX XAUT-USDT	+0.0100%	4h	4,363.7	+0.171%	$2K	$3.7M	20x	as long as short
HTX XAUT-USDTlong	+0.0100%	4h	4,356.3	long leg	$1.9M	$232K	75x
Extended XAUT-USD	+0.0104%	1h	4,357.6	+0.031%	$272K	$231K	25x	as long as short
Kraken Futures PF_XAUTUSD	+0.0105%	1h	4,359	+0.063%	$5.3M	$3.6M	50x	as long as short
BloFin XAUT-USDT	+0.0205%	4h	4,356.8	+0.012%	$1.7M	$1.7M	75x	as long as short