Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.7% APRpaid last 24h +0.022%
Price spread now: Binance against Gate−0.031%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.288% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now −0.031%, 7d avg −0.043%
=The price spread sits at its 7-day average of −0.043%, 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 | Gate XAUT_USDT | 4,344.2 | 0 | get 0.0000% / 8h | 2h 57m | $131.9M | $8.9M | 100x |
| Short | Binance XAUTUSDT | 4,342.9 | 0.0080 | get 0.0040% / 4h | 2h 57m | $35.3M | $45.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $16.76
- Price spread: −0.031% → −0.043%
- $1.21
- Slippage, 4 orders
- −$3.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$10.8
- Costs to cover
- 0.288%
- Break-even
- 11.5 days
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 15 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 Gate live order book, 2 min ago | 0.12 bp | 8.8 bp −$9 | 14.2 bp −$142 | 21.3 bp −$2,129 | 48.9 bp −$24.5K |
| Sell Binance live order book, 15 min ago | 0.01 bp | 5.1 bp −$5 | 6.3 bp −$63 | 20.3 bp −$2,032 | 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 | −0.0237% | 1h | 4,341.9 | −0.054% | $56K | $33K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0156% | 4h | 4,339.7 | −0.103% | $26.4M | $14.9M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,343.4 | −0.019% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0056% | 1h | 4,343.8 | −0.009% | $8K | $76K | 30x | as long as short |
| Variational Omni XAUT | −0.0019% | 4h | 4,342 | −0.050% | $33.1M | $3.3M | — | as long as short |
| Gate XAUT_USDTlong | 0.0000% | 8h | 4,344.2 | long leg | $131.9M | $8.9M | 100x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.7 | −0.012% | $10.1M | $2.1M | 25x | as long as short |
| Binance XAUTUSDTshort | +0.0080% | 4h | 4,342.9 | −0.031% | $35.3M | $45.4M | 75x | |
| Extended XAUT-USD | +0.0080% | 1h | 4,342.3 | −0.043% | $272K | $217K | 25x | as long as short |
| Nado XAUT-PERP | +0.0093% | 1h | 4,342 | −0.050% | $4.2M | $921K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUTUSDT | +0.0100% | 4h | 4,342.1 | −0.048% | $120.6M | $27.2M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,342 | −0.051% | $351.8M | $275.2M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,343.9 | −0.008% | $11.5M | $3.3M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,342 | −0.050% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,342.4 | −0.041% | $712 | $117K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,343.1 | −0.025% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,343.4 | −0.018% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,349.5 | +0.122% | $2K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.1 | −0.095% | $1.8M | $231K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,342 | −0.051% | $1.7M | $1.7M | 75x | as long as short |
Gate XAUT_USDT
Binance XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
Extended XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT