XAUT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0310%/8h= +33.9% APRnext payment +$1.55 per $10,000 · paid last 24h +0.003%

Price spread now: MEXC against Bitget+0.047%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$190.185% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days−0.049%−$5 · spread now +0.047%, 7d avg −0.003%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.049% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.003%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUTUSDT	4,339.2	−0.0210	get 0.0105% / 4h	2h 34m	$26.4M	$15.1M	75x
Short	MEXC XAUT_USDT	4,341.2	0.0100	get 0.0050% / 4h	2h 34m	$350.4M	$275.8M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now +0.047%Rate

Funding earned: $65.1
Price spread: +0.047% → −0.003%: $4.94
Slippage, 4 orders: −$2.53
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: $51.51
Costs to cover: 0.185%
Break-even: 1.5 days

Slippage from Bitget: live order book, 5 min ago; MEXC: 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 Bitget live order book, 5 min ago	0.01 bp	6.0 bp −$6	10.0 bp −$100	24.5 bp −$2,450	doesn't fit
Sell MEXC live order book, 5 min ago	0.46 bp	2.5 bp −$2	3.2 bp −$32	18.4 bp −$1,841	62.3 bp −$31.1K

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	−0.0212%	1h	4,341.8	+0.060%	$56K	$33K	20x	as long as short
Bitget XAUTUSDTlong	−0.0210%	4h	4,339.2	long leg	$26.4M	$15.1M	75x
Kraken Futures PF_XAUTUSD	−0.0097%	1h	4,341.9	+0.063%	$5.3M	$3.4M	50x	as long as short
Injective XAUT/USDC PERP	−0.0056%	1h	4,343.8	+0.107%	$8K	$76K	30x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,342.3	+0.072%	$131.9M	$8.9M	100x	as long as short
Variational Omni XAUT	+0.0024%	4h	4,340.1	+0.021%	$33.1M	$3.3M	—	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,343.2	+0.093%	$10.1M	$2.1M	25x	as long as short
Extended XAUT-USD	+0.0064%	1h	4,339.6	+0.009%	$272K	$217K	25x	as long as short
Binance XAUTUSDT	+0.0065%	4h	4,340.1	+0.022%	$35.3M	$45.5M	75x	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,340.6	+0.032%	$4.2M	$916K	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	4,340.3	+0.026%	$120.5M	$27.3M	75x	as long as short
MEXC XAUT_USDTshort	+0.0100%	4h	4,341.2	+0.047%	$350.4M	$275.8M	1000x
KuCoin XAUTUSDTM	+0.0100%	4h	4,342	+0.065%	$11.5M	$3.1M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,340.2	+0.024%	—	$17.7M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,340.7	+0.036%	$538	$116K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,340.7	+0.035%	$267	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,341.6	+0.056%	$1.8M	$175K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,347.2	+0.184%	$2K	$3.8M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,339	−0.003%	$1.8M	$230K	75x	as long as short
BloFin XAUT-USDT	+0.0340%	4h	4,341.8	+0.061%	$2.4M	$1.7M	75x	as long as short