Funding you earn now, next payment 04:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.71 per $10,000 · paid last 24h +0.016%
Price spread now: BingX against Bitget+0.035%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.035%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.029% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUTUSDT | 4,352.2 | −0.0042 | get 0.0021% / 4h | 2h 31m | $25.8M | $15.2M | 75x |
| Short | BingX XAUT-USDT | 4,353.7 | 0.0100 | get 0.0050% / 4h | 2h 31m | — | $17.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $29.82
- Price spread: +0.035% → +0.006%
- $2.86
- Slippage, 4 orders
- −$2.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $8.38
- Costs to cover
- 0.243%
- Break-even
- 5.0 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 2 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 Bitget live order book, 2 min ago | 0.01 bp | 7.3 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 0.13 bp | 5.2 bp −$5 | 6.5 bp −$65 | 11.5 bp −$1,149 | 28.5 bp −$14.2K |
XAUT on 19 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 | −0.0282% | 1h | 4,353 | +0.020% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDTlong | −0.0042% | 4h | 4,352.2 | long leg | $25.8M | $15.2M | 75x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,355.7 | +0.081% | $130.5M | $8.2M | 100x | as long as short |
| MEXC XAUT_USDT | +0.0004% | 4h | 4,353.6 | +0.033% | $331.2M | $283.4M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0007% | 4h | 4,352.9 | +0.016% | $120.7M | $27.8M | 75x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.054% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,355.3 | +0.072% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0060% | 4h | 4,350.7 | −0.034% | $33.0M | $3.5M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,353.2 | +0.025% | $4.2M | $992K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,353.1 | +0.022% | $35.3M | $46.8M | 75x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,355.1 | +0.067% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDTshort | +0.0100% | 4h | 4,353.7 | +0.035% | — | $17.8M | — | |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,354.4 | +0.050% | $766 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,353.8 | +0.038% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,354.8 | +0.060% | $1.9M | $265K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,359.2 | +0.161% | $3K | $3.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,356.1 | +0.090% | $1.9M | $242K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,352.4 | +0.007% | $272K | $213K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0300% | 1h | 4,355.6 | +0.079% | $5.3M | $4.1M | 50x | as long as short |
Bitget XAUTUSDT
BingX XAUT-USDT
Aftermath Perps XAUTUSD
Gate XAUT_USDT
MEXC XAUT_USDT
Bybit XAUTUSDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD