Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h +0.008%
Price spread now: Bitget against Gate−0.049%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now −0.049%, 7d avg −0.044%
=The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.103%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XAUT_USDT | 4,354.5 | 0 | get 0.0000% / 8h | 7h 21m | $131.2M | $8.1M | 100x |
| Short | Bitget XAUTUSDT | 4,352.4 | −0.0054 | pay 0.0027% / 4h | 3h 21m | $25.9M | $15.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$11.34
- Price spread: −0.049% → −0.044%
- −$0.42
- Slippage, 4 orders
- −$5.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.47
- Costs to cover
- 0.327%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 0.12 bp | 9.2 bp −$9 | 11.9 bp −$119 | 20.1 bp −$2,014 | 47.0 bp −$23.5K |
| Sell Bitget live order book, 3 min ago | 0.01 bp | 7.3 bp −$7 | 9.3 bp −$93 | doesn't fit | 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 | −0.0233% | 1h | 4,356 | +0.034% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDTshort | −0.0054% | 4h | 4,352.4 | −0.049% | $25.9M | $15.2M | 75x | |
| Gate XAUT_USDTlong | 0.0000% | 8h | 4,354.5 | long leg | $131.2M | $8.1M | 100x | |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.108% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,355.4 | +0.021% | $10.2M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,353.8 | −0.015% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,353.5 | −0.022% | $35.4M | $46.7M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,353.4 | −0.025% | $120.9M | $27.8M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,353.6 | −0.021% | $337.4M | $281.7M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,355.5 | +0.023% | $11.4M | $2.9M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0100% | 4h | 4,353.7 | −0.018% | — | $17.9M | — | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,352.9 | −0.036% | $33.1M | $3.5M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,356.1 | +0.037% | $466 | $113K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,354.3 | −0.005% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,355.2 | +0.016% | $1.9M | $220K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,359.8 | +0.122% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,351.9 | −0.060% | $1.8M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,352.3 | −0.049% | $274K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,355.9 | +0.032% | $5.3M | $4.0M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,353.1 | −0.032% | $2.3M | $1.6M | 75x | as long as short |
Gate XAUT_USDT
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
Variational Omni XAUT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT