Funding you earn now, next payment 04:00 UTC+0.0154%/8h= +16.9% APRnext payment +$0.77 per $10,000 · paid last 24h +0.007%
Price spread now: Bybit against Bitget+0.027%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.027%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.026% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUTUSDT | 4,347.7 | −0.0054 | get 0.0027% / 4h | 3h 19m | $25.8M | $15.2M | 75x |
| Short | Bybit XAUTUSDT | 4,348.8 | 0.0100 | get 0.0050% / 4h | 3h 19m | $120.8M | $27.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $32.34
- Price spread: +0.027% → +0.001%
- $2.56
- Slippage, 4 orders
- −$2.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $8.93
- Costs to cover
- 0.260%
- Break-even
- 5.1 days
Slippage from Bitget: live order book, 4 min ago; Bybit: 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 Bitget live order book, 4 min ago | 0.01 bp | 7.1 bp −$7 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.12 bp | 5.9 bp −$6 | 7.5 bp −$75 | 15.9 bp −$1,585 | 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 | −0.0229% | 1h | 4,356 | +0.191% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDTlong | −0.0054% | 4h | 4,347.7 | long leg | $25.8M | $15.2M | 75x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,351.4 | +0.086% | $131.0M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.049% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,353.6 | +0.137% | $10.2M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,352.2 | +0.106% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,349.1 | +0.032% | $35.4M | $46.8M | 75x | as long as short |
| Bybit XAUTUSDTshort | +0.0100% | 4h | 4,348.8 | +0.027% | $120.8M | $27.8M | 75x | |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,350.5 | +0.065% | $337.4M | $281.9M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,353.3 | +0.129% | $11.4M | $2.9M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0100% | 4h | 4,350.9 | +0.075% | — | $17.9M | — | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,352.9 | +0.121% | $33.1M | $3.5M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,356.1 | +0.195% | $466 | $113K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,353.3 | +0.130% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,354.2 | +0.150% | $1.9M | $220K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,358.6 | +0.251% | $2K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,351.9 | +0.098% | $1.8M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,350 | +0.053% | $274K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,354.3 | +0.152% | $5.3M | $4.0M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,353.1 | +0.125% | $2.3M | $1.6M | 75x | as long as short |
Bitget XAUTUSDT
Bybit XAUTUSDT
Aftermath Perps XAUTUSD
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
Variational Omni XAUT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT