Funding you earn now, next payment 00:00 UTC−0.0082%/8h= −8.9% APRpaid last 24h −0.022%
Price spread now: Gate against Binance+0.038%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$290.286% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now +0.038%, 7d avg +0.043%
=The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAUTUSDT | 4,342.2 | 0.0082 | pay 0.0041% / 4h | 2h 55m | $35.3M | $45.4M | 75x |
| Short | Gate XAUT_USDT | 4,343.8 | 0 | get 0.0000% / 8h | 2h 55m | $131.9M | $8.9M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.16
- Price spread: +0.038% → +0.043%
- −$0.54
- Slippage, 4 orders
- −$3.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$46.33
- Costs to cover
- 0.286%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 2 min ago | 0.01 bp | 5.0 bp −$5 | 5.7 bp −$57 | 18.8 bp −$1,883 | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.12 bp | 9.9 bp −$10 | 15.0 bp −$150 | 21.8 bp −$2,176 | 54.4 bp −$27.2K |
XAUT on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0239% | 1h | 4,342.1 | −0.002% | $56K | $33K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0164% | 4h | 4,340.1 | −0.047% | $26.3M | $14.9M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,343.7 | +0.035% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0056% | 1h | 4,343.8 | +0.038% | $8K | $76K | 30x | as long as short |
| Variational Omni XAUT | −0.0011% | 4h | 4,341.9 | −0.006% | $33.1M | $3.3M | — | as long as short |
| Gate XAUT_USDTshort | 0.0000% | 8h | 4,343.8 | +0.038% | $131.9M | $8.9M | 100x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.8 | +0.038% | $10.1M | $2.1M | 25x | as long as short |
| Extended XAUT-USD | +0.0080% | 1h | 4,341.6 | −0.013% | $272K | $217K | 25x | as long as short |
| Binance XAUTUSDTlong | +0.0082% | 4h | 4,342.2 | long leg | $35.3M | $45.4M | 75x | |
| Nado XAUT-PERP | +0.0083% | 1h | 4,342 | −0.003% | $4.2M | $921K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUTUSDT | +0.0100% | 4h | 4,342.8 | +0.014% | $120.6M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,342.3 | +0.003% | $351.9M | $275.2M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,343.5 | +0.030% | $11.5M | $3.3M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,341.9 | −0.006% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,342.4 | +0.006% | $712 | $117K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,342.8 | +0.014% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,343.4 | +0.028% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,348.5 | +0.147% | $2K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.1 | −0.048% | $1.8M | $231K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,342 | −0.004% | $1.7M | $1.7M | 75x | as long as short |
Binance XAUTUSDT
Gate XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
Extended XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT