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

XAUT

all XAUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: HTX against SoDEX−0.044%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$330.329% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.049%+$5 on $10k
Price spread, last 3 days (all we have)−0.142%−$14 · spread now −0.044%, 7d avg −0.093%
Together, before fees−0.092%−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.049% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XAUT-USD4,356.10.0050pay 0.0006% / 1h22m 43s$10.2M$2.0M25x
ShortHTX XAUT-USDT4,354.20.0100get 0.0050% / 4h3h 22m$1.8M$231K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$10.5
Price spread: −0.044% → −0.093%
$4.9
Slippage, 4 orders
−$12.87
Fee SoDEX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$17.47
Costs to cover
0.329%
Break-even
18.6 days
Slippage from SoDEX: live order book, 1 min ago; HTX: live order book, 1 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, 1 min ago0.12 bp4.1 bp −$44.9 bp −$4946.0 bp −$4,598doesn't fit
Sell HTX live order book, 1 min ago2.87 bp14.3 bp −$1417.0 bp −$170doesn't fitdoesn't fit

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−0.0234%1h4,356.6+0.012%$56K$31K20xas long as short
Bitget XAUTUSDT−0.0056%4h4,354−0.048%$25.9M$15.2M75xas long as short
Gate XAUT_USDT0.0000%8h4,355.8−0.007%$131.3M$8.1M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8−0.145%$8K$149K30xas long as short
SoDEX XAUT-USDlong+0.0050%1h4,356.1long leg$10.2M$2.0M25x
Variational Omni XAUT+0.0100%4h4,354.6−0.034%$33.2M$3.5Mas long as short
Nado XAUT-PERP+0.0100%1h4,353.4−0.062%$4.2M$1.0M10xas long as short
Binance XAUTUSDT+0.0100%4h4,355−0.026%$35.5M$46.7M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,354.7−0.032%$121.0M$27.8M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,354.6−0.034%$337.9M$281.5M1000xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,356.4+0.006%$11.4M$2.9M75xas long as short
BingX XAUT-USDT+0.0100%4h4,354.7−0.032%$17.9Mas long as short
GRVT XAUT_USDT_Perp+0.0100%4h4,356.10.000%$466$113K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,354.3−0.041%$267$17K10xas long as short
Derive XAUT-PERP+0.0100%1h4,356.3+0.005%$1.9M$220K10xas long as short
SunX XAUT-USDT+0.0100%4h4,359.4+0.076%$3K$3.7M20xas long as short
HTX XAUT-USDTshort+0.0100%4h4,354.2−0.044%$1.8M$231K75x
Extended XAUT-USD+0.0104%1h4,353.7−0.054%$274K$231K25xas long as short
Kraken Futures PF_XAUTUSD+0.0118%1h4,356.9+0.018%$5.3M$4.0M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,354.1−0.046%$2.3M$1.6M75xas long as short