Funding you earn now, next payment 04:00 UTC−0.0232%/8h= −25.4% APRnext payment −$1.16 per $10,000 · paid last 24h −0.050%
Price spread now: KuCoin against BloFin+0.029%80s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as 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−$300.299% of the position
Funding, last 7 days−0.388%−$39 on $10k
+Price spread, last 3 days (all we have)−0.040%−$4 · spread now +0.029%, 7d avg +0.027%
=The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 80 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 | 4,370.5 | 0.0332 | pay 0.0166% / 4h | 3h 53m | $2.3M | $1.7M | 75x |
| Short | KuCoin XAUTUSDTM | 4,371.8 | 0.0100 | get 0.0050% / 4h | 3h 53m | $11.4M | $2.9M | 75x |
BloFin XAUT-USDT
KuCoin XAUTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$48.68
- Price spread: +0.029% → +0.027%
- $0.23
- Slippage, 4 orders
- −$5.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$78.31
- Costs to cover
- 0.299%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; KuCoin: 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 BloFin live order book, 4 min ago | 0.92 bp | 7.8 bp −$8 | 8.4 bp −$84 | 12.6 bp −$1,259 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.01 bp | 7.8 bp −$8 | 13.8 bp −$138 | 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 | −0.0145% | 1h | 4,369.3 | −0.027% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0068% | 4h | 4,369.7 | −0.019% | $26.1M | $15.3M | 75x | as long as short |
| Bybit XAUTUSDT | −0.0036% | 4h | 4,370.5 | 0.000% | $121.1M | $27.7M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0034% | 4h | 4,370.7 | +0.005% | $339.9M | $276.4M | 1000x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,371.1 | +0.014% | $131.6M | $7.9M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.474% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,371.9 | +0.032% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0084% | 4h | 4,371.3 | +0.017% | $33.4M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,369.7 | −0.019% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,370.7 | +0.005% | $35.7M | $46.8M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTMshort | +0.0100% | 4h | 4,371.8 | +0.029% | $11.4M | $2.9M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,370.2 | −0.007% | — | $18.0M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,372.5 | +0.046% | $835 | $116K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,369.8 | −0.016% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,371.9 | +0.031% | $1.9M | $240K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,375.4 | +0.112% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,368.5 | −0.045% | $1.9M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,369 | −0.034% | $274K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,372 | +0.035% | $5.3M | $3.9M | 50x | as long as short |
| BloFin XAUT-USDTlong | +0.0332% | 4h | 4,370.5 | long leg | $2.3M | $1.7M | 75x |
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD