Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Derive against Extended+0.093%99s7-day average +0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.093%, 7d avg +0.056%
=Together, before fees+0.065%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.037% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.056%. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAUT-USD | 4,319.5 | 0.0104 | pay 0.0013% / 1h | 45m 19s | $267K | $214K | 25x |
| Short | Derive XAUT-PERP | 4,323.5 | 0.0100 | get 0.0013% / 1h | 45m 19s | $1.8M | $353K | 10x |
Extended XAUT-USD
Derive XAUT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.093% → +0.056%
- $3.67
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$8.17
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 57 min ago; Derive: 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 Extended live order book, 57 min ago | 0.12 bp | 2.8 bp −$3 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
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 | −0.0226% | 1h | 4,321.7 | +0.052% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0008% | 4h | 4,320.3 | +0.020% | $25.5M | $16.8M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,322.7 | +0.075% | $131.5M | $8.6M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.702% | $8K | $149K | 30x | as long as short |
| Variational Omni XAUT | +0.0048% | 4h | 4,321.2 | +0.041% | $32.9M | $3.4M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,320.7 | +0.029% | $10.1M | $2.1M | 25x | as long as short |
| MEXC XAUT_USDT | +0.0076% | 4h | 4,320.9 | +0.033% | $361.6M | $276.6M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0077% | 4h | 4,320.4 | +0.022% | $119.2M | $30.9M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,320.5 | +0.025% | $4.2M | $901K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,320.5 | +0.025% | $35.5M | $47.0M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
MEXC XAUT_USDT
Bybit XAUTUSDT
Nado XAUT-PERP
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,322.6 | +0.073% | $11.7M | $3.1M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,321.2 | +0.040% | — | $18.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,322.2 | +0.062% | $769 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,320 | +0.013% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERPshort | +0.0100% | 1h | 4,323.5 | +0.093% | $1.8M | $353K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,327 | +0.176% | $2K | $3.1M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,320.9 | +0.033% | $1.8M | $251K | 75x | as long as short |
| Extended XAUT-USDlong | +0.0104% | 1h | 4,319.5 | long leg | $267K | $214K | 25x | |
| Kraken Futures PF_XAUTUSD | +0.0228% | 1h | 4,323.3 | +0.089% | $5.9M | $5.3M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0294% | 4h | 4,321.7 | +0.052% | $2.3M | $1.5M | 75x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT