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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: Bybit against Orderly+0.048%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.048% dearer against Orderly than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XAUT_USDC_mythos4,333.60.0100pay 0.0050% / 4h1h 57m$266$17K10x
ShortBybit XAUTUSDT4,335.70.0100get 0.0050% / 4h1h 57m$119.2M$36.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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
$0
Price spread: +0.048% → 0.000%
$4.85
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$12.15
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 5 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 Orderly no order-book sample
Sell Bybit live order book, 5 min ago0.12 bp5.6 bp −$66.3 bp −$6314.1 bp −$1,411doesn't fit
Orderly: 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 19 exchanges

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−0.0182%1h4,334.2+0.014%$56K$11K20xas long as short
Bitget XAUTUSDT−0.0138%4h4,334.3+0.015%$24.4M$25.3M75xas long as short
Gate XAUT_USDT0.0000%8h4,336+0.055%$130.6M$10.6M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.374%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,333.3−0.007%$10.1M$2.2M25xas long as short
Binance XAUTUSDT+0.0096%4h4,335.2+0.037%$36.1M$49.8M75xas long as short
Extended XAUT-USD+0.0096%1h4,332.6−0.023%$274K$215K25xas long as short
Variational Omni XAUT+0.0100%4h4,333.2−0.008%$33.1M$3.5Mas long as short
Nado XAUT-PERP+0.0100%1h4,334.3+0.016%$4.2M$919K10xas long as short
Bybit XAUTUSDTshort+0.0100%4h4,335.7+0.048%$119.2M$36.6M75x
Show all 19 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XAUT_USDT+0.0100%4h4,335.6+0.046%$369.2M$301.1M1000xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,336.1+0.058%$12.2M$3.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,334.7+0.026%$20.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,337+0.078%$945$108K10xas long as short
Orderly PERP_XAUT_USDC_mythoslong+0.0100%4h4,333.6long leg$266$17K10x
SunX XAUT-USDT+0.0100%4h4,338.8+0.121%$3K$2.8M20xas long as short
HTX XAUT-USDT+0.0100%4h4,335.8+0.052%$1.8M$194K75xas long as short
Kraken Futures PF_XAUTUSD+0.0138%1h4,335.7+0.048%$6.0M$5.9M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,334+0.009%$2.3M$736K75xas long as short