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−0.0050%/8h= −5.5% APRpaid last 24h −0.013%
Price spread now: SoDEX against Orderly−0.012%7-day average · you buy dearer than you sell
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 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XAUT_USDC_mythos4,329.20.0100pay 0.0050% / 4h2h 03m$266$17K10x
ShortSoDEX XAUT-USD4,328.70.0050get 0.0006% / 1h3m 48s$10.1M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$10.5
Price spread: −0.012% → 0.000%
−$1.15
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$25.65
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SoDEX: 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 SoDEX live order book, 5 min ago0.12 bp4.1 bp −$45.0 bp −$5046.0 bp −$4,601doesn'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 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−0.0289%1h4,330.6+0.033%$56K$29K20xas long as short
Bitget XAUTUSDT−0.0036%4h4,329−0.006%$25.5M$16.7M75xas long as short
Bybit XAUTUSDT−0.0012%4h4,328.8−0.009%$118.4M$29.9M75xas long as short
MEXC XAUT_USDT−0.0004%4h4,329.1−0.002%$358.9M$286.8M1000xas long as short
Gate XAUT_USDT0.0000%8h4,331+0.042%$130.1M$8.6M100xas long as short
Variational Omni XAUT+0.0015%4h4,330.9+0.039%$33.0M$3.5Mas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.476%$8K$149K30xas long as short
SoDEX XAUT-USDshort+0.0050%1h4,328.7−0.012%$10.1M$2.0M25x
Nado XAUT-PERP+0.0100%1h4,328.6−0.014%$4.2M$916K10xas long as short
Binance XAUTUSDT+0.0100%4h4,329.7+0.011%$35.3M$46.8M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,330.4+0.028%$11.7M$3.0M75xas long as short
BingX XAUT-USDT+0.0100%4h4,329.4+0.006%$19.0Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,332.6+0.079%$407$111K10xas long as short
Orderly PERP_XAUT_USDC_mythoslong+0.0100%4h4,329.2long leg$266$17K10x
Derive XAUT-PERP+0.0100%1h4,329.8+0.015%$1.8M$363K10xas long as short
SunX XAUT-USDT+0.0100%4h4,333.8+0.107%$2K$3.2M20xas long as short
HTX XAUT-USDT+0.0100%4h4,329−0.005%$1.8M$247K75xas long as short
Extended XAUT-USD+0.0104%1h4,328.5−0.016%$267K$214K25xas long as short
BloFin XAUT-USDT+0.0129%4h4,330.7+0.035%$2.3M$1.6M75xas long as short
Kraken Futures PF_XAUTUSD+0.0168%1h4,331.1+0.044%$5.7M$4.8M50xas long as short