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+0.0210%/8h= +23.0% APRpaid last 24h +0.057%
Price spread now: BloFin against SoDEX−0.016%56s7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.212% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.248%+$25 on $10k
Price spread, last 4 days (all we have)−0.080%−$8 · spread now −0.016%, 7d avg −0.049%
Together, before fees+0.168%+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.033% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.049%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XAUT-USD4,319.60.0050pay 0.0006% / 1h50m 17s$10.1M$2.1M25x
ShortBloFin XAUT-USDT4,318.90.0260get 0.0130% / 4h50m 17s$2.3M$1.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SoDEX. 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
$44.17
Price spread: −0.016% → −0.049%
$3.28
Slippage, 4 orders
−$1.16
Fee SoDEX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$26.29
Costs to cover
0.212%
Break-even
2.8 days
Slippage from SoDEX: live order book, 4 min ago; BloFin: live order book, 3 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 SoDEX live order book, 4 min ago0.12 bp4.1 bp −$45.2 bp −$5247.4 bp −$4,738doesn't fit
Sell BloFin live order book, 3 min ago0.46 bp6.5 bp −$66.9 bp −$6912.1 bp −$1,21024.3 bp −$12.2K

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−0.0231%1h4,319.1−0.011%$55K$11K20xas long as short
Bitget XAUTUSDT−0.0014%4h4,320.1+0.012%$25.5M$16.9M75xas long as short
Gate XAUT_USDT0.0000%8h4,320.7+0.025%$131.4M$8.6M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.699%$8K$149K30xas long as short
Variational Omni XAUT+0.0041%4h4,317.5−0.048%$32.9M$3.3Mas long as short
SoDEX XAUT-USDlong+0.0050%1h4,319.6long leg$10.1M$2.1M25x
MEXC XAUT_USDT+0.0064%4h4,319.2−0.009%$365.9M$275.3M1000xas long as short
Bybit XAUTUSDT+0.0069%4h4,319.60.000%$119.2M$30.9M75xas long as short
Nado XAUT-PERP+0.0100%1h4,319.2−0.010%$4.2M$927K10xas long as short
Binance XAUTUSDT+0.0100%4h4,319−0.013%$35.5M$47.1M75xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,320.6+0.023%$11.7M$3.1M75xas long as short
BingX XAUT-USDT+0.0100%4h4,319−0.013%$18.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,320.7+0.025%$639$110K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,318.3−0.030%$265$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,319.6−0.001%$1.8M$353K10xas long as short
SunX XAUT-USDT+0.0100%4h4,324.3+0.109%$2K$3.1M20xas long as short
HTX XAUT-USDT+0.0100%4h4,319.5−0.002%$1.8M$251K75xas long as short
Extended XAUT-USD+0.0104%1h4,318.5−0.026%$267K$214K25xas long as short
Kraken Futures PF_XAUTUSD+0.0228%1h4,321.6+0.047%$5.9M$5.3M50xas long as short
BloFin XAUT-USDTshort+0.0260%4h4,318.9−0.016%$2.3M$1.5M75x