Funding you earn now, next payment 03:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.007%
Price spread now: SoDEX against Bitget−0.003%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 3 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.195%+$20 · spread now −0.003%, 7d avg +0.061%
=Funding pays, the price is against you. SoDEX is 0.064% cheaper against Bitget than usual: you would sell low and buy high (spread −0.003% now, against its 7-day average of +0.061%). If the spread goes back, that is −$6 on $10k: about 2.3 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.013% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUTUSDT | 4,343.1 | −0.0042 | get 0.0021% / 4h | 1h 39m | $25.9M | $15.3M | 75x |
| Short | SoDEX XAUT-USD | 4,343 | 0.0050 | get 0.0006% / 1h | 39m 51s | $10.1M | $2.0M | 25x |
Bitget XAUTUSDT
SoDEX XAUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $19.32
- Price spread: −0.003% → +0.061%
- −$6.41
- Slippage, 4 orders
- −$2.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$9.29
- Costs to cover
- 0.222%
- Break-even
- 10.4 days
Slippage from Bitget: live order book, 4 min ago; SoDEX: 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 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.12 bp | 4.1 bp −$4 | 5.1 bp −$51 | 43.8 bp −$4,378 | 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 | −0.0279% | 1h | 4,342.8 | −0.007% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDTlong | −0.0042% | 4h | 4,343.1 | long leg | $25.9M | $15.3M | 75x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,344.8 | +0.038% | $130.2M | $8.1M | 100x | as long as short |
| MEXC XAUT_USDT | +0.0012% | 4h | 4,342.2 | −0.022% | $349.6M | $278.2M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0014% | 4h | 4,342.3 | −0.019% | $120.2M | $27.6M | 75x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.153% | $8K | $149K | 30x | as long as short |
| Variational Omni XAUT | +0.0041% | 4h | 4,341 | −0.049% | $33.0M | $3.5M | — | as long as short |
| SoDEX XAUT-USDshort | +0.0050% | 1h | 4,343 | −0.003% | $10.1M | $2.0M | 25x | |
| BloFin XAUT-USDT | +0.0065% | 4h | 4,340.9 | −0.052% | $2.3M | $1.6M | 75x | as long as short |
| Extended XAUT-USD | +0.0072% | 1h | 4,342.5 | −0.015% | $272K | $213K | 25x | as long as short |
Aftermath Perps XAUTUSD
Gate XAUT_USDT
MEXC XAUT_USDT
Bybit XAUTUSDT
Injective XAUT/USDC PERP
Variational Omni XAUT
BloFin XAUT-USDT
Extended XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XAUTUSDT | +0.0073% | 4h | 4,343.8 | +0.015% | $35.2M | $46.6M | 75x | as long as short |
| BingX XAUT-USDT | +0.0078% | 4h | 4,342.7 | −0.010% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,342.7 | −0.010% | $4.2M | $1.0M | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,343.9 | +0.017% | $11.3M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,342.6 | −0.013% | $313 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,342.2 | −0.022% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,344 | +0.020% | $1.9M | $271K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,348.9 | +0.132% | $2K | $3.5M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.6 | −0.059% | $1.8M | $243K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0188% | 1h | 4,345 | +0.042% | $5.7M | $4.5M | 50x | as long as short |
Binance XAUTUSDT
BingX XAUT-USDT
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