Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.024%
Price spread now: BingX against Gate−0.024%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$360.355% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now −0.024%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$3 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 | 4,351.8 | 0 | get 0.0000% / 8h | 1h 22m | $131.8M | $8.0M | 100x |
| Short | BingX XAUT-USDT | 4,350.8 | 0.0100 | get 0.0050% / 4h | 1h 22m | — | $17.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $21
- Price spread: −0.024% → −0.038%
- $1.44
- Slippage, 4 orders
- −$10.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.1
- Costs to cover
- 0.355%
- Break-even
- 11.4 days
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 5 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, 1 min ago | 0.12 bp | 10.4 bp −$10 | 13.3 bp −$133 | 20.3 bp −$2,030 | 42.8 bp −$21.4K |
| Sell BingX live order book, 5 min ago | 0.14 bp | 5.1 bp −$5 | 5.5 bp −$55 | 9.8 bp −$977 | 25.6 bp −$12.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XAUTUSDT | −0.0204% | 4h | 4,350.4 | −0.032% | $26.3M | $14.7M | 75x | as long as short |
| Aftermath Perps XAUTUSD | −0.0196% | 1h | 4,351.3 | −0.011% | $56K | $33K | 20x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0105% | 1h | 4,353.1 | +0.030% | $5.3M | $3.5M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0039% | 1h | 4,349.8 | −0.046% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDTlong | 0.0000% | 8h | 4,351.8 | long leg | $131.8M | $8.0M | 100x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,351.8 | 0.000% | $10.2M | $2.0M | 25x | as long as short |
| Bybit XAUTUSDT | +0.0053% | 4h | 4,350.2 | −0.037% | $120.6M | $26.9M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0054% | 4h | 4,350.1 | −0.039% | $341.0M | $282.8M | 1000x | as long as short |
| Variational Omni XAUT | +0.0059% | 4h | 4,349.6 | −0.050% | $33.2M | $3.3M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,350.3 | −0.035% | $4.2M | $980K | 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 | 4,351.2 | −0.013% | $35.4M | $45.5M | 75x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,352.6 | +0.019% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDTshort | +0.0100% | 4h | 4,350.8 | −0.024% | — | $17.8M | — | |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,351.3 | −0.012% | $557 | $112K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,353.2 | +0.032% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,352.5 | +0.016% | $1.8M | $179K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,355.7 | +0.090% | $2K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,349.4 | −0.055% | $1.8M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,350.4 | −0.033% | $272K | $217K | 25x | as long as short |
| BloFin XAUT-USDT | +0.0222% | 4h | 4,350 | −0.041% | $2.4M | $1.7M | 75x | as long as short |
Gate XAUT_USDT
BingX XAUT-USDT
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
Variational Omni XAUT
Binance XAUTUSDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT