Funding you earn now, next payment 00:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.008%
Price spread now: Bybit against Extended+0.010%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.010%, 7d avg +0.028%
=Together, before fees+0.003%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, 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 | Extended XAUT-USD | 4,358.8 | 0.0104 | pay 0.0013% / 1h | 28m 02s | $272K | $231K | 25x |
| Short | Bybit XAUTUSDT | 4,359.2 | 0.0051 | get 0.0026% / 4h | 28m 02s | $120.8M | $27.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$11.08
- Price spread: +0.010% → +0.028%
- −$1.89
- Slippage, 4 orders
- −$1.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.35
- Costs to cover
- 0.174%
- Break-even
- never at this rate
Slippage from Extended: live order book, 49 min ago; Bybit: live order book, 1 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 Extended live order book, 49 min ago | 0.12 bp | 2.8 bp −$3 | 5.7 bp −$57 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.12 bp | 6.1 bp −$6 | 6.9 bp −$69 | 13.0 bp −$1,303 | 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 | −0.0157% | 1h | 4,359.4 | +0.013% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0118% | 4h | 4,358.8 | 0.000% | $26.2M | $14.9M | 75x | as long as short |
| Injective XAUT/USDC PERP | −0.0055% | 1h | 4,349.8 | −0.206% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,360.1 | +0.030% | $131.7M | $8.0M | 100x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,360.9 | +0.049% | $10.2M | $2.0M | 25x | as long as short |
| Bybit XAUTUSDTshort | +0.0051% | 4h | 4,359.2 | +0.010% | $120.8M | $27.3M | 75x | |
| MEXC XAUT_USDT | +0.0054% | 4h | 4,358.8 | 0.000% | $341.7M | $278.3M | 1000x | as long as short |
| Variational Omni XAUT | +0.0065% | 4h | 4,357.8 | −0.021% | $33.3M | $3.3M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,358.1 | −0.016% | $4.2M | $996K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,360.1 | +0.030% | $35.5M | $46.2M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,360.9 | +0.049% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,358.6 | −0.004% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,358 | −0.019% | $379 | $113K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,358.7 | −0.002% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,361 | +0.051% | $1.9M | $209K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,365.6 | +0.155% | $2K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,356.3 | −0.058% | $1.9M | $232K | 75x | as long as short |
| Extended XAUT-USDlong | +0.0104% | 1h | 4,358.8 | long leg | $272K | $231K | 25x | |
| Kraken Futures PF_XAUTUSD | +0.0105% | 1h | 4,361.2 | +0.056% | $5.3M | $3.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0221% | 4h | 4,357.7 | −0.025% | $2.3M | $1.7M | 75x | as long as short |
Extended XAUT-USD
Bybit XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Injective XAUT/USDC PERP
Gate XAUT_USDT
SoDEX XAUT-USD
MEXC XAUT_USDT
Variational Omni XAUT
Binance XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT