Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Binance−0.006%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.146% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.006%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, 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 | 4,361.9 | 0.0100 | pay 0.0050% / 4h | 50m 33s | $35.5M | $46.2M | 75x |
| Short | MEXC XAUT_USDT | 4,361.7 | 0.0046 | get 0.0023% / 4h | 50m 33s | $342.4M | $276.0M | 1000x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$11.34
- Price spread: −0.006% → −0.004%
- −$0.15
- Slippage, 4 orders
- −$0.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$26.05
- Costs to cover
- 0.146%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: 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, 6 min ago | 0.01 bp | 5.0 bp −$5 | 7.0 bp −$70 | 19.1 bp −$1,908 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.23 bp | 2.2 bp −$2 | 2.4 bp −$24 | 4.8 bp −$476 | 20.2 bp −$10.1K |
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 | −0.0197% | 1h | 4,362.7 | +0.018% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0154% | 4h | 4,361.9 | 0.000% | $26.2M | $14.9M | 75x | as long as short |
| Injective XAUT/USDC PERP | −0.0055% | 1h | 4,349.8 | −0.278% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,363.2 | +0.029% | $131.8M | $7.9M | 100x | as long as short |
| MEXC XAUT_USDTshort | +0.0046% | 4h | 4,361.7 | −0.006% | $342.4M | $276.0M | 1000x | |
| Bybit XAUTUSDT | +0.0046% | 4h | 4,361.6 | −0.008% | $120.9M | $27.4M | 75x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,363.7 | +0.040% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0050% | 4h | 4,360.6 | −0.032% | $33.3M | $3.2M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,361.7 | −0.006% | $4.2M | $991K | 10x | as long as short |
| Binance XAUTUSDTlong | +0.0100% | 4h | 4,361.9 | long leg | $35.5M | $46.2M | 75x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,364.3 | +0.055% | $11.4M | $3.0M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,362.4 | +0.010% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,363 | +0.024% | $938 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,362.6 | +0.015% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,364.1 | +0.049% | $1.9M | $180K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,367.7 | +0.133% | $2K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,360.9 | −0.024% | $1.9M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,361.1 | −0.020% | $272K | $217K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0105% | 1h | 4,364.4 | +0.056% | $5.3M | $3.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0185% | 4h | 4,361.5 | −0.010% | $2.3M | $1.7M | 75x | as long as short |
Binance XAUTUSDT
MEXC XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Injective XAUT/USDC PERP
Gate XAUT_USDT
Bybit XAUTUSDT
SoDEX XAUT-USD
Variational Omni XAUT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT