Funding you earn now, next payment 00:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h −0.013%
Price spread now: Gate against Bitget+0.005%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 7 days+0.035%+$4 · spread now +0.005%, 7d avg +0.044%
=Funding pays, the price is against you. Gate is 0.040% cheaper against Bitget than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.044%). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.111%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUTUSDT | 4,366.8 | −0.0090 | get 0.0045% / 4h | 11m 31s | $26.2M | $15.1M | 75x |
| Short | Gate XAUT_USDT | 4,367 | 0 | get 0.0000% / 8h | 11m 31s | $131.8M | $8.0M | 100x |
Bitget XAUTUSDT
Gate XAUT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $18.9
- Price spread: +0.005% → +0.044%
- −$3.99
- Slippage, 4 orders
- −$4.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$16.95
- Costs to cover
- 0.319%
- Break-even
- 13.3 days
Slippage from Bitget: live order book, 2 min ago; Gate: 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 | 7.2 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.11 bp | 8.8 bp −$9 | 11.0 bp −$110 | 19.7 bp −$1,974 | 50.3 bp −$25.2K |
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 | −0.0140% | 1h | 4,365.7 | −0.024% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDTlong | −0.0090% | 4h | 4,366.8 | long leg | $26.2M | $15.1M | 75x | |
| Injective XAUT/USDC PERP | −0.0055% | 1h | 4,349.8 | −0.389% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDTshort | 0.0000% | 8h | 4,367 | +0.005% | $131.8M | $8.0M | 100x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,367.1 | +0.007% | $10.2M | $2.0M | 25x | as long as short |
| MEXC XAUT_USDT | +0.0056% | 4h | 4,365.7 | −0.025% | $343.3M | $282.1M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0059% | 4h | 4,366.4 | −0.010% | $121.0M | $27.4M | 75x | as long as short |
| Variational Omni XAUT | +0.0061% | 4h | 4,365.5 | −0.029% | $33.3M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,366.4 | −0.009% | $4.2M | $995K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,366.8 | −0.001% | $35.6M | $46.5M | 75x | as long as short |
Aftermath Perps XAUTUSD
Injective XAUT/USDC PERP
SoDEX XAUT-USD
MEXC XAUT_USDT
Bybit XAUTUSDT
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,367.9 | +0.025% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,365.6 | −0.028% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,365.5 | −0.030% | $738 | $115K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,365.9 | −0.021% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,367.2 | +0.008% | $1.9M | $209K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,371.9 | +0.117% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,364.2 | −0.060% | $1.9M | $232K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,364.8 | −0.045% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0105% | 1h | 4,367.6 | +0.018% | $5.3M | $3.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0219% | 4h | 4,365.8 | −0.023% | $2.3M | $1.7M | 75x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT