Funding you earn now, next payment 09:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.009%
Price spread now: SoDEX against Extended−0.024%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$140.139% of the position
Funding, last 4 days (all we have)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.024%, 7d avg +0.074%
=Together, before fees+0.213%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.098% cheaper against Extended than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.074%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAUT-USD | 4,311 | 0.0104 | pay 0.0013% / 1h | 47m 16s | $265K | $198K | 25x |
| Short | SoDEX XAUT-USD | 4,310 | 0.0050 | get 0.0006% / 1h | 47m 16s | $10.1M | $2.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$11.34
- Price spread: −0.024% → +0.074%
- −$9.82
- Slippage, 4 orders
- −$0.91
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$35.07
- Costs to cover
- 0.139%
- Break-even
- never at this rate
Slippage from Extended: live order book, 50 min ago; SoDEX: live order book, 2 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, 50 min ago | 0.12 bp | 2.8 bp −$3 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 2 min ago | 0.12 bp | 4.1 bp −$4 | 4.9 bp −$49 | 42.8 bp −$4,281 | 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 | −0.0211% | 1h | 4,310.9 | −0.004% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0076% | 4h | 4,311.9 | +0.019% | $27.5M | $20.7M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,314.3 | +0.076% | $130.4M | $9.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.899% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USDshort | +0.0050% | 1h | 4,310 | −0.024% | $10.1M | $2.1M | 25x | |
| Variational Omni XAUT | +0.0082% | 4h | 4,311.2 | +0.005% | $32.7M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,311.6 | +0.012% | $4.1M | $963K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,312.2 | +0.027% | $35.8M | $47.7M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,312.6 | +0.036% | $118.7M | $31.8M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,312.7 | +0.039% | $380.6M | $282.8M | 1000x | 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 | 4,314.5 | +0.079% | $12.0M | $3.3M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,312.7 | +0.038% | — | $19.6M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,312.4 | +0.032% | $302 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,312.7 | +0.039% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,313.1 | +0.048% | $1.7M | $350K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,316.2 | +0.119% | $2K | $3.0M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,311.6 | +0.012% | $1.8M | $205K | 75x | as long as short |
| Extended XAUT-USDlong | +0.0104% | 1h | 4,311 | long leg | $265K | $198K | 25x | |
| Kraken Futures PF_XAUTUSD | +0.0290% | 1h | 4,314 | +0.068% | $5.8M | $5.4M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,312 | +0.022% | $2.3M | $1.7M | 75x | as long as short |
Extended XAUT-USD
SoDEX XAUT-USD
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
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