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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.014%
Price spread now: Binance against Injective−0.651%117s7-day average −0.108% · you buy dearer than you sell
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+0.078%+$8 on $10k
Price spread, last 4 days (all we have)+0.402%+$40 · spread now −0.651%, 7d avg −0.108%
Together, before fees+0.480%+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.544% cheaper against Injective than usual: you would sell low and buy high (spread −0.651% now, against its 7-day average of −0.108%). If the spread goes back, that is −$54 on $10k: about 27 days of funding at the current rate (+$2 a day). The two prices were read 117 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAUT/USDC PERP4,349.80.0033pay 0.0004% / 1h55m 28s$8K$149K30x
ShortBinance XAUTUSDT4,321.50.0100get 0.0050% / 4h1h 55m$35.2M$46.9M75x

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: −0.651% → −0.108%
−$54.39
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
−$50.41
Costs to cover
0.100%
Break-even
32.2 days
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 bp6.1 bp −$67.3 bp −$7313.7 bp −$1,373doesn'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−0.0235%1h4,325.3−0.563%$55K$29K20xas long as short
Bitget XAUTUSDT−0.0036%4h4,322.3−0.632%$25.4M$16.8M75xas long as short
Bybit XAUTUSDT−0.0030%4h4,321.4−0.653%$118.3M$30.0M75xas long as short
MEXC XAUT_USDT−0.0028%4h4,322.4−0.630%$358.2M$275.3M1000xas long as short
Gate XAUT_USDT0.0000%8h4,323.2−0.612%$130.0M$8.4M100xas long as short
Variational Omni XAUT+0.0002%4h4,322.5−0.628%$33.0M$3.4Mas long as short
Injective XAUT/USDC PERPlong+0.0033%1h4,349.8long leg$8K$149K30x
SoDEX XAUT-USD+0.0050%1h4,322−0.639%$10.1M$2.0M25xas long as short
Nado XAUT-PERP+0.0100%1h4,322.1−0.638%$4.2M$916K10xas long as short
Binance XAUTUSDTshort+0.0100%4h4,321.5−0.651%$35.2M$46.9M75x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,323.6−0.601%$11.6M$3.0M75xas long as short
BingX XAUT-USDT+0.0100%4h4,321.8−0.644%$19.0Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,323.2−0.611%$826$110K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,321.5−0.651%$265$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,323−0.617%$1.8M$367K10xas long as short
SunX XAUT-USDT+0.0100%4h4,326.7−0.531%$2K$3.2M20xas long as short
HTX XAUT-USDT+0.0100%4h4,319.9−0.687%$1.8M$247K75xas long as short
Extended XAUT-USD+0.0104%1h4,321.1−0.659%$267K$214K25xas long as short
BloFin XAUT-USDT+0.0222%4h4,322.1−0.637%$2.3M$1.6M75xas long as short
Kraken Futures PF_XAUTUSD+0.0230%1h4,323.4−0.607%$5.7M$4.8M50xas long as short