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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against MEXC+0.008%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.154% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 7 days−0.010%−$1 · spread now +0.008%, 7d avg +0.005%
Together, before fees+0.015%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAUT_USDT4,318.3−0.0020get 0.0010% / 4h1h 46m$363.5M$277.7M1000x
ShortBinance XAUTUSDT4,318.70.0100get 0.0050% / 4h1h 46m$35.2M$47.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$25.2
Price spread: +0.008% → +0.005%
$0.39
Slippage, 4 orders
−$1.36
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
$10.23
Costs to cover
0.154%
Break-even
4.2 days
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago0.12 bp2.1 bp −$22.5 bp −$255.8 bp −$57625.9 bp −$13.0K
Sell Binance live order book, 11 min ago0.01 bp6.1 bp −$67.3 bp −$7313.7 bp −$1,373doesn't fit

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−0.0234%1h4,319.4+0.025%$55K$29K20xas long as short
Bitget XAUTUSDT−0.0038%4h4,318.8+0.011%$25.5M$16.9M75xas long as short
MEXC XAUT_USDTlong−0.0020%4h4,318.3long leg$363.5M$277.7M1000x
Bybit XAUTUSDT−0.0016%4h4,318.3−0.001%$118.3M$30.3M75xas long as short
Variational Omni XAUT−0.0001%4h4,316.6−0.038%$32.9M$3.4Mas long as short
Gate XAUT_USDT0.0000%8h4,320.1+0.042%$130.2M$8.5M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.729%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,318.4+0.002%$10.1M$2.0M25xas long as short
Nado XAUT-PERP+0.0100%1h4,318.2−0.002%$4.2M$932K10xas long as short
Binance XAUTUSDTshort+0.0100%4h4,318.7+0.008%$35.2M$47.6M75x
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,319.8+0.034%$11.6M$3.0M75xas long as short
BingX XAUT-USDT+0.0100%4h4,318.5+0.005%$19.0Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,318.1−0.005%$384$111K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,317.9−0.009%$265$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,319.3+0.022%$1.8M$367K10xas long as short
SunX XAUT-USDT+0.0100%4h4,322.4+0.095%$3K$3.2M20xas long as short
HTX XAUT-USDT+0.0100%4h4,317.3−0.023%$1.8M$250K75xas long as short
Extended XAUT-USD+0.0104%1h4,317.6−0.017%$267K$214K25xas long as short
BloFin XAUT-USDT+0.0219%4h4,316.9−0.032%$2.3M$1.6M75xas long as short
Kraken Futures PF_XAUTUSD+0.0230%1h4,320+0.040%$5.7M$4.9M50xas long as short