Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: SunX against Derive+0.109%7-day average +0.070% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.109%, 7d avg +0.070%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.039% dearer against Derive than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XAUT-PERP | 4,358.4 | 0.0100 | pay 0.0013% / 1h | 10m 19s | $1.8M | $179K | 10x |
| Short | SunX XAUT-USDT | 4,363.1 | 0.0100 | get 0.0050% / 4h | 1h 10m | $3K | $3.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.109% → +0.070%
- $3.92
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$10.08
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; SunX: live order book, 7 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 SunX live order book, 7 min ago | 253.56 bp | doesn't fit | doesn't fit | doesn't fit | 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 | −0.0203% | 1h | 4,354.4 | −0.091% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0186% | 4h | 4,356.8 | −0.035% | $26.2M | $14.8M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0105% | 1h | 4,359.7 | +0.031% | $5.3M | $3.5M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0039% | 1h | 4,349.8 | −0.196% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,358.6 | +0.006% | $132.0M | $8.1M | 100x | as long as short |
| MEXC XAUT_USDT | +0.0046% | 4h | 4,356.6 | −0.040% | $345.3M | $285.6M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0049% | 4h | 4,356.6 | −0.040% | $120.7M | $27.0M | 75x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,359.5 | +0.026% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0054% | 4h | 4,354.2 | −0.096% | $33.2M | $3.3M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,356.7 | −0.037% | $4.2M | $984K | 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 | 4,358.3 | −0.002% | $35.5M | $45.7M | 75x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,359.2 | +0.020% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,356.8 | −0.037% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,353.1 | −0.121% | $540 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,357.8 | −0.013% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERPlong | +0.0100% | 1h | 4,358.4 | long leg | $1.8M | $179K | 10x | |
| SunX XAUT-USDTshort | +0.0100% | 4h | 4,363.1 | +0.109% | $3K | $3.7M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,354 | −0.099% | $1.9M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,357.3 | −0.024% | $272K | $217K | 25x | as long as short |
| BloFin XAUT-USDT | +0.0196% | 4h | 4,355 | −0.077% | $2.3M | $1.7M | 75x | as long as short |
Derive XAUT-PERP
SunX XAUT-USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
MEXC XAUT_USDT
Bybit XAUTUSDT
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
HTX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT