Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.013%
Price spread now: Orderly against Bybit−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XAUTUSDT | 4,356.6 | 0.0048 | pay 0.0024% / 4h | 1h 10m | $120.7M | $27.0M | 75x |
| Short | Orderly PERP_XAUT_USDC_mythos | 4,356 | 0.0100 | get 0.0050% / 4h | 1h 10m | $268 | $17K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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
- $10.94
- Price spread: −0.014% → 0.000%
- −$1.38
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$7.44
- Costs to cover
- 0.170%
- Break-even
- 11.8 days
Slippage unknown: Bybit: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.
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 Bybit live order book, 3 min ago | 0.12 bp | 5.9 bp −$6 | 6.9 bp −$69 | 13.8 bp −$1,376 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0203% | 1h | 4,353.6 | −0.068% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0186% | 4h | 4,357 | +0.008% | $26.2M | $14.8M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0105% | 1h | 4,358.3 | +0.039% | $5.3M | $3.5M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0039% | 1h | 4,349.8 | −0.156% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,358.6 | +0.046% | $132.0M | $8.1M | 100x | as long as short |
| MEXC XAUT_USDT | +0.0046% | 4h | 4,356.7 | +0.002% | $345.3M | $285.6M | 1000x | as long as short |
| Bybit XAUTUSDTlong | +0.0048% | 4h | 4,356.6 | long leg | $120.7M | $27.0M | 75x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,357.7 | +0.025% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0056% | 4h | 4,350.6 | −0.138% | $33.2M | $3.3M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,355.4 | −0.028% | $4.2M | $983K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XAUTUSDT | +0.0100% | 4h | 4,358.2 | +0.038% | $35.5M | $45.7M | 75x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,359.1 | +0.058% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,356.8 | +0.004% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,353.1 | −0.080% | $540 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythosshort | +0.0100% | 4h | 4,356 | −0.014% | $268 | $17K | 10x | |
| Derive XAUT-PERP | +0.0100% | 1h | 4,357.1 | +0.012% | $1.8M | $179K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,361.2 | +0.106% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,354 | −0.059% | $1.9M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,357.3 | +0.017% | $272K | $217K | 25x | as long as short |
| BloFin XAUT-USDT | +0.0196% | 4h | 4,355 | −0.037% | $2.3M | $1.7M | 75x | as long as short |
Bybit XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
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
BloFin XAUT-USDT