Funding you earn now, next payment 04:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.86 per $10,000 · paid last 24h −0.065%
Price spread now: Bybit against BloFin−0.021%62s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.241% of the position
Funding, last 7 days−0.465%−$46 on $10k
+Price spread, last 3 days (all we have)0.000%$0 · spread now −0.021%, 7d avg −0.002%
=The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XAUT-USDT | 4,360.3 | 0.0207 | pay 0.0104% / 4h | 2h 50m | $2.3M | $1.6M | 75x |
| Short | Bybit XAUTUSDT | 4,359.4 | 0.0035 | get 0.0018% / 4h | 2h 50m | $120.8M | $27.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$36.1
- Price spread: −0.021% → −0.002%
- −$1.89
- Slippage, 4 orders
- −$1.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$62.12
- Costs to cover
- 0.241%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 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 BloFin live order book, 3 min ago | 0.23 bp | 6.5 bp −$7 | 7.2 bp −$72 | 12.1 bp −$1,206 | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.12 bp | 5.7 bp −$6 | 6.9 bp −$69 | 14.3 bp −$1,427 | 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 | −0.0276% | 1h | 4,359.7 | −0.014% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,359.1 | −0.028% | $25.9M | $15.3M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,362 | +0.039% | $130.7M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.241% | $8K | $149K | 30x | as long as short |
| Bybit XAUTUSDTshort | +0.0035% | 4h | 4,359.4 | −0.021% | $120.8M | $27.8M | 75x | |
| MEXC XAUT_USDT | +0.0044% | 4h | 4,359.4 | −0.021% | $329.3M | $279.2M | 1000x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,362.4 | +0.048% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0079% | 4h | 4,359.6 | −0.017% | $33.1M | $3.5M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,360 | −0.006% | $4.2M | $989K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,360 | −0.007% | $35.4M | $46.8M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,361.9 | +0.036% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,359.9 | −0.008% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,359.9 | −0.009% | $523 | $112K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,361.3 | +0.023% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,362 | +0.038% | $1.9M | $252K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,366.4 | +0.139% | $3K | $3.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,358.4 | −0.044% | $1.9M | $232K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,359.6 | −0.015% | $272K | $231K | 25x | as long as short |
| BloFin XAUT-USDTlong | +0.0207% | 4h | 4,360.3 | long leg | $2.3M | $1.6M | 75x | |
| Kraken Futures PF_XAUTUSD | +0.0300% | 1h | 4,362.8 | +0.057% | $5.3M | $4.0M | 50x | as long as short |
BloFin XAUT-USDT
Bybit XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
MEXC XAUT_USDT
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD