Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Orderly against Derive−0.033%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.033% cheaper against Derive than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XAUT-PERP | 4,322 | 0.0100 | pay 0.0013% / 1h | 52m 34s | $1.8M | $435K | 10x |
| Short | Orderly PERP_XAUT_USDC_mythos | 4,320.6 | 0.0100 | get 0.0050% / 4h | 52m 34s | $265 | $17K | 10x |
Derive XAUT-PERP
Orderly PERP_XAUT_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: −0.033% → 0.000%
- −$3.26
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$15.26
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Derive and 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XAUTUSDT | −0.0130% | 4h | 4,320 | −0.047% | $24.3M | $25.1M | 75x | as long as short |
| Aftermath Perps XAUTUSD | −0.0083% | 1h | 4,323.9 | +0.043% | $55K | $8K | 20x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,322.6 | +0.014% | $129.6M | $10.5M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.643% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,319.2 | −0.065% | $10.1M | $2.2M | 25x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,319.5 | −0.059% | $274K | $211K | 25x | as long as short |
| Binance XAUTUSDT | +0.0096% | 4h | 4,321 | −0.024% | $36.2M | $48.4M | 75x | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,319.6 | −0.056% | $33.0M | $3.1M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,320.2 | −0.042% | $4.2M | $897K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,321 | −0.023% | $118.7M | $36.7M | 75x | as long as short |
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
Variational Omni XAUT
Nado XAUT-PERP
Bybit XAUTUSDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,320.5 | −0.035% | $392.8M | $293.5M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,322.2 | +0.005% | $12.3M | $3.8M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,320.7 | −0.029% | — | $20.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,321.2 | −0.019% | $730 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythosshort | +0.0100% | 4h | 4,320.6 | −0.033% | $265 | $17K | 10x | |
| Derive XAUT-PERPlong | +0.0100% | 1h | 4,322 | long leg | $1.8M | $435K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,325.6 | +0.083% | $3K | $2.5M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,319.4 | −0.059% | $1.8M | $180K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0133% | 1h | 4,320.9 | −0.025% | $5.9M | $5.9M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,321.1 | −0.021% | $2.3M | $731K | 75x | as long as short |
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT