Funding arb · Price arb /

XAUT

all XAUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%

Price spread now: MEXC against Nado−0.041%7-day average −0.011% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$130.132% of the position

Long on Nado Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.049%−$5 on $10k

Price spread, last 7 days+0.025%+$3 · spread now −0.041%, 7d avg −0.011%

Together, before fees−0.024%+ Points / potential airdropNado: Active · farm board−$2 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: MEXC is 0.030% cheaper against Nado than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XAUT-PERP	4,314.1	0.0100	pay 0.0012% / 1h	10m 54s	$4.1M	$953K	10x
Short	MEXC XAUT_USDT	4,312.3	0.0100	get 0.0050% / 4h	10m 54s	$364.6M	$286.3M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Nado. 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 NadobpFee MEXCbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → −0.011%: −$3.01
Slippage, 4 orders: −$2.16
Fee Nado: 3.5 bp × 2 orders: −$7
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$16.17
Costs to cover: 0.132%
Break-even: 1660858808991589.8 days

Slippage from Nado: live order book, 3 min ago; MEXC: live order book, 3 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 Nado live order book, 3 min ago	0.12 bp	4.0 bp −$4	6.3 bp −$63	737.1 bp −$73.7K	doesn't fit
Sell MEXC live order book, 3 min ago	0.35 bp	2.3 bp −$2	2.3 bp −$23	4.6 bp −$457	23.7 bp −$11.8K

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	−0.0211%	1h	4,313.5	−0.013%	$55K	$11K	20x	as long as short
Bitget XAUTUSDT	−0.0030%	4h	4,309.9	−0.097%	$27.6M	$19.9M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,313.7	−0.009%	$131.2M	$8.9M	100x	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.828%	$8K	$149K	30x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,313.4	−0.016%	$10.1M	$2.1M	25x	as long as short
Variational Omni XAUT	+0.0072%	4h	4,312.5	−0.036%	$32.8M	$3.4M	—	as long as short
Nado XAUT-PERPlong	+0.0100%	1h	4,314.1	long leg	$4.1M	$953K	10x
Binance XAUTUSDT	+0.0100%	4h	4,311.7	−0.055%	$35.6M	$47.1M	75x	as long as short
Bybit XAUTUSDT	+0.0100%	4h	4,312.2	−0.043%	$118.9M	$30.9M	75x	as long as short
MEXC XAUT_USDTshort	+0.0100%	4h	4,312.3	−0.041%	$364.6M	$286.3M	1000x

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XAUTUSDTM	+0.0100%	4h	4,313.8	−0.008%	$11.8M	$3.2M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,312.4	−0.040%	—	$19.4M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,314.3	+0.005%	$587	$111K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,313.2	−0.020%	$265	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,315.6	+0.034%	$1.8M	$343K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,316.8	+0.064%	$2K	$3.0M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,312.7	−0.032%	$1.8M	$201K	75x	as long as short
Extended XAUT-USD	+0.0104%	1h	4,311	−0.071%	$267K	$196K	25x	as long as short
Kraken Futures PF_XAUTUSD	+0.0229%	1h	4,314.7	+0.014%	$5.8M	$5.3M	50x	as long as short
BloFin XAUT-USDT	+0.0340%	4h	4,313.4	−0.016%	$2.3M	$1.5M	75x	as long as short