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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.014%
Price spread now: Binance against Injective+0.496%7-day average −0.118% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 3 days (all we have)−0.745%−$74 · spread now +0.496%, 7d avg −0.118%
Together, before fees−0.673%−$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.613% dearer against Injective than usual: you sell high and buy low: +$61 more if the spread goes back to its 7-day average of −0.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAUT/USDC PERP4,349.80.0033pay 0.0004% / 1h55m 08s$8K$149K30x
ShortBinance XAUTUSDT4,371.40.0100get 0.0050% / 4h3h 55m$35.7M$46.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Injective. 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
$14
Price spread: +0.496% → −0.118%
$61.33
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Binance: 5 bp × 2 orders
−$10
Net
$65.31
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Binance live order book, 2 min ago0.01 bp5.8 bp −$67.8 bp −$7816.2 bp −$1,620doesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps XAUTUSD−0.0145%1h4,368.8+0.437%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0070%4h4,370.6+0.479%$26.1M$15.3M75xas long as short
Gate XAUT_USDT0.0000%8h4,372.1+0.513%$131.7M$7.9M100xas long as short
Injective XAUT/USDC PERPlong+0.0033%1h4,349.8long leg$8K$149K30x
SoDEX XAUT-USD+0.0050%1h4,372.7+0.526%$10.2M$2.0M25xas long as short
Bybit XAUTUSDT+0.0080%4h4,370.5+0.476%$121.0M$27.7M75xas long as short
Variational Omni XAUT+0.0084%4h4,371.3+0.493%$33.4M$3.4Mas long as short
MEXC XAUT_USDT+0.0090%4h4,370.9+0.485%$341.1M$276.1M1000xas long as short
Nado XAUT-PERP+0.0100%1h4,369.7+0.458%$4.2M$1.0M10xas long as short
Binance XAUTUSDTshort+0.0100%4h4,371.4+0.496%$35.7M$46.7M75x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,373+0.533%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,370.6+0.478%$18.0Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,372.5+0.523%$835$116K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,370.4+0.474%$268$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,372.6+0.524%$1.9M$240K10xas long as short
SunX XAUT-USDT+0.0100%4h4,376.5+0.614%$2K$3.7M20xas long as short
HTX XAUT-USDT+0.0100%4h4,363.4+0.313%$1.9M$232K75xas long as short
Extended XAUT-USD+0.0104%1h4,370+0.464%$274K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0118%1h4,373.3+0.540%$5.3M$3.9M50xas long as short
BloFin XAUT-USDT+0.0332%4h4,370.5+0.476%$2.3M$1.7M75xas long as short