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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against Orderly+0.457%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
The price spread pays, funding is against you. Injective is 0.457% dearer against Orderly than usual: you sell high and buy low (spread +0.457% now, against zero (this spread has no 7-day history yet)): +$46 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 23 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XAUT_USDC_mythos4,3300.0100pay 0.0050% / 4h2h 28m$266$17K10x
ShortInjective XAUT/USDC PERP4,349.80.0033get 0.0004% / 1h28m 37s$8K$149K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: +0.457% → 0.000%
$45.73
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$25.71
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample
Orderly and 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−0.0316%1h4,333.3+0.076%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0036%4h4,324.4−0.129%$25.7M$16.5M75xas long as short
Gate XAUT_USDT0.0000%8h4,327.4−0.060%$130.0M$8.3M100xas long as short
Injective XAUT/USDC PERPshort+0.0033%1h4,349.8+0.457%$8K$149K30x
Variational Omni XAUT+0.0044%4h4,329.8−0.005%$33.0M$3.4Mas long as short
SoDEX XAUT-USD+0.0050%1h4,328.2−0.042%$10.1M$2.0M25xas long as short
MEXC XAUT_USDT+0.0074%4h4,325.8−0.097%$382.8M$275.0M1000xas long as short
Bybit XAUTUSDT+0.0075%4h4,325.6−0.102%$119.1M$28.9M75xas long as short
BingX XAUT-USDT+0.0092%4h4,325−0.116%$17.9Mas long as short
Extended XAUT-USD+0.0096%1h4,324.4−0.129%$268K$214K25xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUTUSDT+0.0097%4h4,325.7−0.099%$35.2M$46.2M75xas long as short
Nado XAUT-PERP+0.0100%1h4,332.3+0.052%$4.2M$897K10xas long as short
KuCoin XAUTUSDTM+0.0100%4h4,328.4−0.038%$11.7M$2.9M75xas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,333+0.069%$416$107K10xas long as short
Orderly PERP_XAUT_USDC_mythoslong+0.0100%4h4,330long leg$266$17K10x
Derive XAUT-PERP+0.0100%1h4,329.9−0.002%$1.8M$304K10xas long as short
SunX XAUT-USDT+0.0100%4h4,335.9+0.136%$3K$3.3M20xas long as short
HTX XAUT-USDT+0.0100%4h4,328.9−0.026%$1.8M$236K75xas long as short
Kraken Futures PF_XAUTUSD+0.0168%1h4,329.7−0.007%$5.6M$4.7M50xas long as short
BloFin XAUT-USDT+0.0300%4h4,328.3−0.039%$2.3M$1.6M75xas long as short