Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +9.9% APRpaid last 24h +0.010%
Price spread now: Bybit against Gate−0.030%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now −0.030%, 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: +$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 | 4,343.3 | 0 | get 0.0000% / 8h | 2h 40m | $130.3M | $8.0M | 100x |
| Short | Bybit XAUTUSDT | 4,342 | 0.0091 | get 0.0045% / 4h | 2h 40m | $120.4M | $27.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $19.01
- Price spread: −0.030% → −0.043%
- $1.29
- Slippage, 4 orders
- −$2.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$7.94
- Costs to cover
- 0.282%
- Break-even
- 9.9 days
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 0.12 bp | 8.4 bp −$8 | 11.2 bp −$112 | 18.8 bp −$1,882 | 44.2 bp −$22.1K |
| Sell Bybit live order book, 4 min ago | 0.12 bp | 5.6 bp −$6 | 6.8 bp −$68 | 14.0 bp −$1,404 | 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 | −0.0313% | 1h | 4,345.4 | +0.049% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0034% | 4h | 4,341.8 | −0.034% | $25.9M | $15.4M | 75x | as long as short |
| Gate XAUT_USDTlong | 0.0000% | 8h | 4,343.3 | long leg | $130.3M | $8.0M | 100x | |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.150% | $8K | $149K | 30x | as long as short |
| Variational Omni XAUT | +0.0046% | 4h | 4,345.2 | +0.045% | $33.1M | $3.4M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.8 | +0.012% | $10.1M | $2.0M | 25x | as long as short |
| MEXC XAUT_USDT | +0.0088% | 4h | 4,341.9 | −0.032% | $387.8M | $268.4M | 1000x | as long as short |
| Bybit XAUTUSDTshort | +0.0091% | 4h | 4,342 | −0.030% | $120.4M | $27.8M | 75x | |
| Binance XAUTUSDT | +0.0094% | 4h | 4,342 | −0.030% | $35.3M | $45.2M | 75x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,341.8 | −0.034% | $268K | $214K | 25x | 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 | +0.0096% | 4h | 4,342.2 | −0.026% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,342.6 | −0.015% | $4.2M | $880K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,344.5 | +0.028% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,347 | +0.084% | $304 | $105K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,342.3 | −0.023% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,346.4 | +0.071% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,351.1 | +0.181% | $3K | $3.2M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,345.2 | +0.044% | $1.8M | $236K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0167% | 1h | 4,346.8 | +0.080% | $5.7M | $4.5M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0328% | 4h | 4,345.2 | +0.044% | $2.3M | $1.6M | 75x | as long as short |
Gate XAUT_USDT
Bybit XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
MEXC XAUT_USDT
Binance XAUTUSDT
Extended XAUT-USD
BingX XAUT-USDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT