XAUT

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.006%

Price spread now: Bybit against Kraken Futures−0.031%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

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

costs, in and out, $10k−$240.236% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.031%, 7d avg −0.024%

Together, before fees−0.060%−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XAUTUSD	4,347.6	0.0167	pay 0.0021% / 1h	48m 42s	$5.7M	$4.5M	50x
Short	Bybit XAUTUSDT	4,346.2	0.0100	get 0.0050% / 4h	2h 48m	$120.5M	$27.8M	75x

Funding history

latest

Range statsloading…

Bybit against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee BybitbpOrdersPrice spread, now −0.031%Rate

Slippage from Kraken Futures: live order book, 5 min ago; Bybit: live order book, 5 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 5 min ago	0.57 bp	6.1 bp −$6	8.6 bp −$86	17.2 bp −$1,716	doesn't fit
Sell Bybit live order book, 5 min ago	0.12 bp	5.6 bp −$6	6.6 bp −$66	14.3 bp −$1,430	doesn't fit

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	−0.0323%	1h	4,345.6	−0.045%	$56K	$29K	20x	as long as short
Bitget XAUTUSDT	−0.0034%	4h	4,346.7	−0.020%	$25.9M	$15.4M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,347.7	+0.003%	$130.6M	$8.0M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.051%	$8K	$149K	30x	as long as short
Variational Omni XAUT	+0.0049%	4h	4,345.7	−0.043%	$33.1M	$3.4M	—	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,345.3	−0.052%	$10.1M	$2.0M	25x	as long as short
Extended XAUT-USD	+0.0096%	1h	4,345.5	−0.049%	$268K	$214K	25x	as long as short
Binance XAUTUSDT	+0.0096%	4h	4,347.1	−0.010%	$35.3M	$45.3M	75x	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,346.6	−0.023%	$4.2M	$912K	10x	as long as short
Bybit XAUTUSDTshort	+0.0100%	4h	4,346.2	−0.031%	$120.5M	$27.8M	75x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XAUT_USDT	+0.0100%	4h	4,346.5	−0.025%	$388.7M	$267.5M	1000x	as long as short
KuCoin XAUTUSDTM	+0.0100%	4h	4,348.4	+0.019%	$11.5M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,346.6	−0.023%	—	$17.7M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,346.4	−0.026%	$304	$105K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,345.9	−0.039%	$267	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,347.1	−0.011%	$1.8M	$304K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,351.9	+0.100%	$3K	$3.3M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,345.2	−0.054%	$1.8M	$236K	75x	as long as short
Kraken Futures PF_XAUTUSDlong	+0.0167%	1h	4,347.6	long leg	$5.7M	$4.5M	50x
BloFin XAUT-USDT	+0.0340%	4h	4,346.5	−0.025%	$2.3M	$1.6M	75x	as long as short