Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: KuCoin against Binance+0.025%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 7 days0.000%$0 · spread now +0.025%, 7d avg +0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAUTUSDT | 4,320.4 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $35.4M | $47.6M | 75x |
| Short | KuCoin XAUTUSDTM | 4,321.5 | 0.0100 | get 0.0050% / 4h | 1h 32m | $11.6M | $3.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: +0.025% → +0.021%
- $0.34
- Slippage, 4 orders
- −$4.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$26
- Costs to cover
- 0.263%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 6 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, 10 min ago | 0.01 bp | 5.1 bp −$5 | 6.8 bp −$68 | 18.7 bp −$1,870 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.01 bp | 8.4 bp −$8 | 15.7 bp −$157 | doesn't fit | doesn't fit |
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 | −0.0250% | 1h | 4,320.5 | +0.002% | $55K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0032% | 4h | 4,320.3 | −0.003% | $25.5M | $17.0M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,322.2 | +0.041% | $130.3M | $8.7M | 100x | as long as short |
| Variational Omni XAUT | +0.0008% | 4h | 4,317.8 | −0.061% | $32.9M | $3.4M | — | as long as short |
| MEXC XAUT_USDT | +0.0012% | 4h | 4,320.5 | +0.002% | $361.7M | $279.7M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0019% | 4h | 4,320.5 | +0.002% | $119.2M | $30.8M | 75x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.680% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,319.7 | −0.017% | $10.1M | $2.1M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,320.3 | −0.002% | $4.2M | $936K | 10x | as long as short |
| Binance XAUTUSDTlong | +0.0100% | 4h | 4,320.4 | long leg | $35.4M | $47.6M | 75x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTMshort | +0.0100% | 4h | 4,321.5 | +0.025% | $11.6M | $3.1M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,320.3 | −0.002% | — | $19.0M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,319.9 | −0.012% | $1K | $112K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,320 | −0.010% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,320 | −0.011% | $1.8M | $367K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,324.5 | +0.093% | $3K | $3.2M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,319 | −0.032% | $1.8M | $251K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,319.4 | −0.024% | $267K | $214K | 25x | as long as short |
| BloFin XAUT-USDT | +0.0111% | 4h | 4,320.2 | −0.005% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0230% | 1h | 4,322 | +0.035% | $5.7M | $4.9M | 50x | as long as short |
Binance XAUTUSDT
KuCoin XAUTUSDTM
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
MEXC XAUT_USDT
Bybit XAUTUSDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD