Funding you earn now, next payment 04:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.79 per $10,000 · paid last 24h +0.056%
Price spread now: BloFin against BingX−0.003%66s7-day average −0.005% · 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—prices read too far apart to compare
costs, in and out, $10k−$230.226% of the position
Funding, last 7 days+0.387%+$39 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.003%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XAUT-USDT | 4,342 | 0.0052 | pay 0.0026% / 4h | 48m 05s | — | $17.7M | — |
| Short | BloFin XAUT-USDT | 4,341.8 | 0.0211 | get 0.0105% / 4h | 48m 05s | $2.3M | $1.6M | 75x |
BingX XAUT-USDT
BloFin XAUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $33.36
- Price spread: −0.003% → −0.005%
- $0.12
- Slippage, 4 orders
- −$0.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $10.84
- Costs to cover
- 0.226%
- Break-even
- 4.7 days
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 5 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 BingX live order book, 5 min ago | 0.13 bp | 5.1 bp −$5 | 5.8 bp −$58 | 10.3 bp −$1,026 | 47.0 bp −$23.5K |
| Sell BloFin live order book, 5 min ago | 0.12 bp | 6.3 bp −$6 | 7.1 bp −$71 | 11.3 bp −$1,130 | 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 | −0.0318% | 1h | 4,342.7 | +0.017% | $56K | $29K | 20x | as long as short |
| Bybit XAUTUSDT | −0.0044% | 4h | 4,341.5 | −0.010% | $119.9M | $28.1M | 75x | as long as short |
| Bitget XAUTUSDT | −0.0044% | 4h | 4,341.6 | −0.009% | $26.0M | $15.2M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0042% | 4h | 4,341.4 | −0.013% | $356.6M | $272.3M | 1000x | as long as short |
| Variational Omni XAUT | −0.0019% | 4h | 4,340.2 | −0.041% | $33.0M | $3.6M | — | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,343.9 | +0.045% | $130.6M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.181% | $8K | $149K | 30x | as long as short |
| Binance XAUTUSDT | +0.0045% | 4h | 4,342.1 | +0.004% | $35.1M | $45.6M | 75x | as long as short |
| Extended XAUT-USD | +0.0048% | 1h | 4,341 | −0.023% | $272K | $213K | 25x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,341.7 | −0.006% | $10.1M | $2.0M | 25x | as long as short |
Aftermath Perps XAUTUSD
Bybit XAUTUSDT
Bitget XAUTUSDT
MEXC XAUT_USDT
Variational Omni XAUT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Binance XAUTUSDT
Extended XAUT-USD
SoDEX XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDTlong | +0.0052% | 4h | 4,342 | long leg | — | $17.7M | — | |
| Nado XAUT-PERP | +0.0100% | 1h | 4,341.6 | −0.007% | $4.2M | $980K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,343.6 | +0.039% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,343.8 | +0.042% | $1K | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,341.8 | −0.003% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,343.1 | +0.025% | $1.8M | $295K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,348 | +0.138% | $2K | $3.4M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.1 | −0.042% | $1.8M | $234K | 75x | as long as short |
| BloFin XAUT-USDTshort | +0.0211% | 4h | 4,341.8 | −0.003% | $2.3M | $1.6M | 75x | |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,344 | +0.047% | $5.7M | $4.5M | 50x | as long as short |
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD