Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.008%
Price spread now: Binance against Derive−0.032%7-day average −0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now −0.032%, 7d avg −0.028%
=The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XAUT-PERP | 4,350 | 0.0100 | pay 0.0013% / 1h | 16m 13s | $1.9M | $284K | 10x |
| Short | Binance XAUTUSDT | 4,348.6 | 0.0068 | get 0.0034% / 4h | 1h 16m | $35.1M | $45.6M | 75x |
Derive XAUT-PERP
Binance XAUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Derive. 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
- −$6.79
- Price spread: −0.032% → −0.028%
- −$0.32
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$23.11
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Binance: live order book, 11 min ago. 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 Derive no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 0.01 bp | 5.0 bp −$5 | 6.5 bp −$65 | 15.1 bp −$1,513 | doesn't fit |
Derive: 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 | −0.0317% | 1h | 4,352.3 | +0.053% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0034% | 4h | 4,348.2 | −0.041% | $25.9M | $15.2M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0016% | 4h | 4,348.9 | −0.024% | $350.4M | $282.9M | 1000x | as long as short |
| Bybit XAUTUSDT | −0.0016% | 4h | 4,349.1 | −0.020% | $120.3M | $27.9M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,350.5 | +0.013% | $130.4M | $8.2M | 100x | as long as short |
| Variational Omni XAUT | +0.0017% | 4h | 4,352.8 | +0.067% | $33.1M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.003% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,348.7 | −0.029% | $10.1M | $2.0M | 25x | as long as short |
| Extended XAUT-USD | +0.0064% | 1h | 4,347.5 | −0.057% | $272K | $213K | 25x | as long as short |
| Binance XAUTUSDTshort | +0.0068% | 4h | 4,348.6 | −0.032% | $35.1M | $45.6M | 75x |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
MEXC XAUT_USDT
Bybit XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Extended XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0070% | 4h | 4,349.1 | −0.021% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,349 | −0.022% | $4.2M | $1.0M | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,351.1 | +0.025% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,352.4 | +0.057% | $622 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,348.8 | −0.026% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERPlong | +0.0100% | 1h | 4,350 | long leg | $1.9M | $284K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,355.9 | +0.136% | $2K | $3.4M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,348.5 | −0.035% | $1.9M | $234K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0187% | 1h | 4,351 | +0.024% | $5.7M | $4.5M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0223% | 4h | 4,349.7 | −0.006% | $2.3M | $1.6M | 75x | as long as short |
BingX XAUT-USDT
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT