Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.008%
Price spread now: SunX against Binance+0.134%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.134%, 7d avg +0.101%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.034% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.101%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAUTUSDT | 4,339.7 | 0.0052 | pay 0.0026% / 4h | 3h 57m | $35.1M | $45.2M | 75x |
| Short | SunX XAUT-USDT | 4,345.5 | 0.0100 | get 0.0050% / 4h | 3h 57m | $3K | $3.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $10.08
- Price spread: +0.134% → +0.101%
- $3.36
- Slippage, 4 orders
- −$56.07
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$60.64
- Costs to cover
- 0.741%
- Break-even
- 49.1 days
Slippage from Binance: live order book, 15 min ago; SunX: live order book, 11 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, 15 min ago | 0.01 bp | 5.2 bp −$5 | 6.2 bp −$62 | 20.1 bp −$2,013 | doesn't fit |
| Sell SunX live order book, 11 min ago | 21.51 bp | 38.4 bp −$38 | 68.0 bp −$680 | 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 | −0.0332% | 1h | 4,342.2 | +0.057% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0048% | 4h | 4,338.6 | −0.027% | $25.8M | $15.4M | 75x | as long as short |
| Variational Omni XAUT | −0.0016% | 4h | 4,343 | +0.075% | $33.1M | $3.5M | — | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,340.4 | +0.016% | $130.2M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.232% | $8K | $149K | 30x | as long as short |
| BingX XAUT-USDT | +0.0049% | 4h | 4,339.6 | −0.003% | — | $17.7M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,337.8 | −0.044% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDTlong | +0.0052% | 4h | 4,339.7 | long leg | $35.1M | $45.2M | 75x | |
| Extended XAUT-USD | +0.0056% | 1h | 4,338.3 | −0.034% | $272K | $215K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,339.4 | −0.007% | $4.2M | $909K | 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 | 4,339.7 | 0.000% | $120.0M | $27.9M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,339.6 | −0.003% | $387.9M | $269.2M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,340.4 | +0.016% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,342.1 | +0.054% | $547 | $108K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,340.2 | +0.011% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,340.2 | +0.011% | $1.8M | $298K | 10x | as long as short |
| SunX XAUT-USDTshort | +0.0100% | 4h | 4,345.5 | +0.134% | $3K | $3.3M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340 | +0.006% | $1.8M | $226K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,340.3 | +0.013% | $5.7M | $4.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0240% | 4h | 4,342.9 | +0.073% | $2.3M | $1.6M | 75x | as long as short |
Binance XAUTUSDT
SunX XAUT-USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Variational Omni XAUT
Gate XAUT_USDT
Injective XAUT/USDC PERP
BingX XAUT-USDT
SoDEX XAUT-USD
Extended XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT