Funding you earn now, next payment 00:00 UTC+0.0310%/8h= +33.9% APRnext payment +$1.55 per $10,000 · paid last 24h +0.017%
Price spread now: SunX against Bitget+0.186%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$780.775% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.186%, 7d avg +0.107%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and SunX is 0.079% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.107%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% 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 | 4,339.1 | −0.0210 | get 0.0105% / 4h | 2h 35m | $26.4M | $15.1M | 75x |
| Short | SunX XAUT-USDT | 4,347.2 | 0.0100 | get 0.0050% / 4h | 2h 35m | $3K | $3.8M | 20x |
Bitget XAUTUSDT
SunX XAUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $65.1
- Price spread: +0.186% → +0.107%
- $7.9
- Slippage, 4 orders
- −$57.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$4.53
- Costs to cover
- 0.775%
- Break-even
- 7.5 days
Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 3 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 | 6.0 bp −$6 | 10.0 bp −$100 | 24.5 bp −$2,450 | doesn't fit |
| Sell SunX live order book, 3 min ago | 21.52 bp | 38.4 bp −$38 | 68.1 bp −$681 | doesn't fit | 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 | −0.0216% | 1h | 4,341.8 | +0.062% | $56K | $33K | 20x | as long as short |
| Bitget XAUTUSDTlong | −0.0210% | 4h | 4,339.1 | long leg | $26.4M | $15.1M | 75x | |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,341.8 | +0.063% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0056% | 1h | 4,343.8 | +0.108% | $8K | $76K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,342.2 | +0.071% | $131.9M | $8.9M | 100x | as long as short |
| Variational Omni XAUT | +0.0024% | 4h | 4,340.1 | +0.023% | $33.1M | $3.3M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.2 | +0.094% | $10.1M | $2.1M | 25x | as long as short |
| Extended XAUT-USD | +0.0064% | 1h | 4,339.5 | +0.010% | $272K | $217K | 25x | as long as short |
| Binance XAUTUSDT | +0.0066% | 4h | 4,340.1 | +0.023% | $35.3M | $45.5M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,340.6 | +0.035% | $4.2M | $917K | 10x | as long as short |
Aftermath Perps XAUTUSD
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
Variational Omni XAUT
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
Nado XAUT-PERPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUTUSDT | +0.0100% | 4h | 4,340.4 | +0.029% | $120.5M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,341.1 | +0.046% | $350.9M | $275.8M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,342 | +0.068% | $11.5M | $3.1M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,340.2 | +0.026% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,340.7 | +0.038% | $538 | $116K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,340.6 | +0.035% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,341.7 | +0.060% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDTshort | +0.0100% | 4h | 4,347.2 | +0.186% | $3K | $3.8M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,339 | −0.002% | $1.8M | $230K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,341.8 | +0.062% | $2.4M | $1.7M | 75x | as long as short |
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
HTX XAUT-USDT
BloFin XAUT-USDT