Funding you earn now, next payment 04:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.015%
Price spread now: SunX against Bybit+0.114%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.114%, 7d avg +0.102%
=The price spread sits at its 7-day average of +0.102%, so right now this pair is about funding alone: +$4 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 | 4,347.7 | −0.0032 | get 0.0016% / 4h | 25m 10s | $120.1M | $28.1M | 75x |
| Short | SunX XAUT-USDT | 4,352.7 | 0.0100 | get 0.0050% / 4h | 25m 10s | $2K | $3.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $27.62
- Price spread: +0.114% → +0.102%
- $1.18
- Slippage, 4 orders
- −$56.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$46.4
- Costs to cover
- 0.752%
- Break-even
- 18.8 days
Slippage from Bybit: 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 Bybit live order book, 4 min ago | 0.12 bp | 5.7 bp −$6 | 6.5 bp −$65 | 11.8 bp −$1,182 | doesn't fit |
| Sell SunX live order book, 3 min ago | 21.50 bp | 38.4 bp −$38 | 68.0 bp −$680 | 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 | −0.0346% | 1h | 4,347.1 | −0.014% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,347.3 | −0.010% | $25.9M | $15.3M | 75x | as long as short |
| Bybit XAUTUSDTlong | −0.0032% | 4h | 4,347.7 | long leg | $120.1M | $28.1M | 75x | |
| MEXC XAUT_USDT | −0.0028% | 4h | 4,347.7 | 0.000% | $375.7M | $276.3M | 1000x | as long as short |
| Variational Omni XAUT | −0.0026% | 4h | 4,347.3 | −0.008% | $33.1M | $3.5M | — | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,349.5 | +0.041% | $130.5M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.048% | $8K | $149K | 30x | as long as short |
| Binance XAUTUSDT | +0.0039% | 4h | 4,347.9 | +0.003% | $35.1M | $45.4M | 75x | as long as short |
| Extended XAUT-USD | +0.0040% | 1h | 4,346.7 | −0.023% | $272K | $215K | 25x | as long as short |
| BingX XAUT-USDT | +0.0040% | 4h | 4,348.3 | +0.013% | — | $17.8M | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XAUT-USD | +0.0050% | 1h | 4,347.4 | −0.007% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,347.2 | −0.013% | $4.2M | $963K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,349.6 | +0.043% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,348 | +0.007% | $913 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,347 | −0.016% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,348.7 | +0.022% | $1.8M | $298K | 10x | as long as short |
| SunX XAUT-USDTshort | +0.0100% | 4h | 4,352.7 | +0.114% | $2K | $3.3M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,346.7 | −0.023% | $1.8M | $226K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0212% | 4h | 4,347.6 | −0.002% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,349.9 | +0.051% | $5.7M | $4.5M | 50x | as long as short |
Bybit XAUTUSDT
SunX XAUT-USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
MEXC XAUT_USDT
Variational Omni XAUT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Binance XAUTUSDT
Extended XAUT-USD
BingX XAUT-USDT
SoDEX XAUT-USD
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
HTX XAUT-USDT
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD