Funding you earn now, next payment 11:00 UTC−0.0202%/8h= −22.2% APRpaid last 24h −0.051%
Price spread now: Kraken Futures against BloFin+0.011%57s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as 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−$240.245% of the position
Funding, last 7 days−0.420%−$42 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.011%, 7d avg +0.025%
=The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 57 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 | 4,331.4 | 0.0340 | pay 0.0170% / 4h | 1h 27m | $2.3M | $733K | 75x |
| Short | Kraken Futures PF_XAUTUSD | 4,331.9 | 0.0138 | get 0.0017% / 1h | 27m 29s | $6.0M | $5.9M | 50x |
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$42.49
- Price spread: +0.011% → +0.025%
- −$1.47
- Slippage, 4 orders
- −$2.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$68.41
- Costs to cover
- 0.245%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Kraken Futures: 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, 4 min ago | 0.12 bp | 6.1 bp −$6 | 6.7 bp −$67 | 10.0 bp −$996 | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 0.12 bp | 5.3 bp −$5 | 7.9 bp −$79 | 16.1 bp −$1,606 | doesn't fit |
XAUT on 19 exchanges
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 | −0.0143% | 1h | 4,331.9 | +0.012% | $56K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0136% | 4h | 4,331.4 | −0.001% | $24.3M | $25.3M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,333.4 | +0.046% | $130.0M | $10.7M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.425% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,330.3 | −0.025% | $10.1M | $2.2M | 25x | as long as short |
| Binance XAUTUSDT | +0.0094% | 4h | 4,331.3 | −0.003% | $36.2M | $49.1M | 75x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,330.2 | −0.027% | $274K | $215K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,331.8 | +0.008% | $4.2M | $900K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,331.7 | +0.007% | $119.0M | $37.0M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,331.9 | +0.012% | $395.8M | $307.1M | 1000x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
Extended XAUT-USD
Nado XAUT-PERP
Bybit XAUTUSDT
MEXC XAUT_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,332.7 | +0.031% | $12.2M | $3.8M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,331.8 | +0.010% | — | $20.9M | — | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,330.8 | −0.013% | $33.1M | $3.3M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,331.4 | −0.001% | $321 | $108K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,330.6 | −0.018% | $266 | $17K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,337.1 | +0.131% | $2K | $2.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,333.1 | +0.039% | $1.8M | $183K | 75x | as long as short |
| Kraken Futures PF_XAUTUSDshort | +0.0138% | 1h | 4,331.9 | +0.011% | $6.0M | $5.9M | 50x | |
| BloFin XAUT-USDTlong | +0.0340% | 4h | 4,331.4 | long leg | $2.3M | $733K | 75x |
KuCoin XAUTUSDTM
BingX XAUT-USDT
Variational Omni XAUT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT