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 −0.006%
Price spread now: BingX against SunX−0.121%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$740.742% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now −0.121%, 7d avg −0.099%
Together, before fees−0.130%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.022% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XAUT-USDT4,324.40.0100pay 0.0050% / 4h2h 54m$2K$2.9M20x
ShortBingX XAUT-USDT4,319.20.0100get 0.0050% / 4h2h 54m$20.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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: −0.121% → −0.099%
−$2.19
Slippage, 4 orders
−$56.19
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$76.38
Costs to cover
0.742%
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; BingX: live order book, 9 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 SunX live order book, 3 min ago21.51 bp25.5 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago0.14 bp5.1 bp −$56.1 bp −$6111.1 bp −$1,10543.2 bp −$21.6K

XAUT on 19 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−0.0161%1h4,327.8+0.079%$56K$11K20xas long as short
Bitget XAUTUSDT−0.0122%4h4,317.6−0.157%$27.0M$22.4M75xas long as short
Gate XAUT_USDT0.0000%8h4,320.8−0.084%$130.5M$10.1M100xas long as short
Injective XAUT/USDC PERP+0.0033%1h4,349.8+0.587%$8K$149K30xas long as short
SoDEX XAUT-USD+0.0050%1h4,319.2−0.121%$10.1M$2.1M25xas long as short
Variational Omni XAUT+0.0083%4h4,323.1−0.030%$33.0M$3.7Mas long as short
Nado XAUT-PERP+0.0100%1h4,322.7−0.039%$4.2M$943K10xas long as short
Binance XAUTUSDT+0.0100%4h4,318.6−0.135%$36.1M$49.6M75xas long as short
Bybit XAUTUSDT+0.0100%4h4,318.9−0.127%$118.4M$34.8M75xas long as short
MEXC XAUT_USDT+0.0100%4h4,318.9−0.128%$352.2M$290.9M1000xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XAUTUSDTM+0.0100%4h4,320.4−0.093%$12.2M$3.8M75xas long as short
BingX XAUT-USDTshort+0.0100%4h4,319.2−0.121%$20.6M
GRVT XAUT_USDT_Perp+0.0100%4h4,325.7+0.029%$1K$109K10xas long as short
Orderly PERP_XAUT_USDC_mythos+0.0100%4h4,321−0.079%$265$17K10xas long as short
SunX XAUT-USDTlong+0.0100%4h4,324.4long leg$2K$2.9M20x
HTX XAUT-USDT+0.0100%4h4,319.3−0.119%$1.8M$201K75xas long as short
Extended XAUT-USD+0.0104%1h4,317.3−0.165%$274K$206K25xas long as short
Kraken Futures PF_XAUTUSD+0.0174%1h4,321.2−0.075%$5.7M$5.6M50xas long as short
BloFin XAUT-USDT+0.0340%4h4,320.4−0.093%$2.3M$815K75xas long as short