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 +0.001%

Price spread now: Nado against HTX+0.127%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on HTX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.127%, 7d avg +0.039%

Together, before fees−0.049%+ Points / potential airdropNado: Active · farm board−$5 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: Nado is 0.089% dearer against HTX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAUT-USDT	4,359.8	0.0100	pay 0.0050% / 4h	18m 59s	$1.9M	$232K	75x
Short	Nado XAUT-PERP	4,365.3	0.0100	get 0.0012% / 1h	18m 59s	$4.2M	$994K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.127%Rate

Funding earned: $0
Price spread: +0.127% → +0.039%: $8.85
Slippage, 4 orders: −$14.01
Fee HTX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$24.16
Costs to cover: 0.330%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; Nado: live order book, 5 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, 5 min ago	4.92 bp	11.9 bp −$12	18.5 bp −$185	35.2 bp −$3,517	doesn't fit
Sell Nado live order book, 5 min ago	0.12 bp	4.2 bp −$4	7.2 bp −$72	doesn't fit	doesn't fit

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	−0.0158%	1h	4,361.9	+0.050%	$56K	$32K	20x	as long as short
Bitget XAUTUSDT	−0.0106%	4h	4,367.7	+0.182%	$26.2M	$15.1M	75x	as long as short
Injective XAUT/USDC PERP	−0.0055%	1h	4,349.8	−0.228%	$8K	$149K	30x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,367.3	+0.173%	$131.9M	$8.0M	100x	as long as short
MEXC XAUT_USDT	+0.0042%	4h	4,367.4	+0.175%	$342.8M	$280.9M	1000x	as long as short
Bybit XAUTUSDT	+0.0047%	4h	4,367.3	+0.173%	$121.0M	$27.4M	75x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,367.6	+0.180%	$10.2M	$2.0M	25x	as long as short
Variational Omni XAUT	+0.0058%	4h	4,360.9	+0.025%	$33.3M	$3.4M	—	as long as short
Nado XAUT-PERPshort	+0.0100%	1h	4,365.3	+0.127%	$4.2M	$994K	10x
Binance XAUTUSDT	+0.0100%	4h	4,368.3	+0.195%	$35.6M	$46.4M	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	4,370.1	+0.237%	$11.4M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,365.9	+0.142%	—	$17.9M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,359.8	+0.002%	$719	$114K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,365.4	+0.130%	$268	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,367.4	+0.175%	$1.9M	$209K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,372.9	+0.302%	$3K	$3.7M	20x	as long as short
HTX XAUT-USDTlong	+0.0100%	4h	4,359.8	long leg	$1.9M	$232K	75x
Extended XAUT-USD	+0.0104%	1h	4,367.4	+0.176%	$272K	$231K	25x	as long as short
Kraken Futures PF_XAUTUSD	+0.0105%	1h	4,368.2	+0.193%	$5.3M	$3.6M	50x	as long as short
BloFin XAUT-USDT	+0.0171%	4h	4,365	+0.120%	$2.3M	$1.7M	75x	as long as short