Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.025%
Price spread now: Derive against Gate−0.011%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.205%+$21 on $10k
+Price spread, last 3 days (all we have)+0.070%+$7 · spread now −0.011%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, 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 | 4,342.1 | 0 | get 0.0000% / 8h | 2h 39m | $131.8M | $8.9M | 100x |
| Short | Derive XAUT-PERP | 4,341.6 | 0.0100 | get 0.0013% / 1h | 39m 25s | $1.8M | $175K | 10x |
Gate XAUT_USDT
Derive XAUT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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: −0.011% → −0.005%
- −$0.65
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$0.65
- Costs to cover
- 0.210%
- Break-even
- 7.2 days
Slippage unknown: Gate: live order book, 5 min ago; Derive: no order-book sample. Net counts fees only.
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, 5 min ago | 0.12 bp | 8.8 bp −$9 | 14.3 bp −$143 | 21.7 bp −$2,169 | 48.0 bp −$24.0K |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0228% | 1h | 4,342 | −0.001% | $56K | $33K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0206% | 4h | 4,339 | −0.071% | $26.4M | $15.1M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,341.7 | −0.009% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0056% | 1h | 4,343.8 | +0.039% | $8K | $76K | 30x | as long as short |
| Gate XAUT_USDTlong | 0.0000% | 8h | 4,342.1 | long leg | $131.8M | $8.9M | 100x | |
| Variational Omni XAUT | +0.0016% | 4h | 4,340.1 | −0.047% | $33.1M | $3.3M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.5 | +0.032% | $10.1M | $2.1M | 25x | as long as short |
| Binance XAUTUSDT | +0.0070% | 4h | 4,340.1 | −0.046% | $35.3M | $45.4M | 75x | as long as short |
| Extended XAUT-USD | +0.0072% | 1h | 4,339.5 | −0.060% | $272K | $217K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,340.7 | −0.033% | $4.2M | $917K | 10x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
Binance XAUTUSDT
Extended XAUT-USD
Nado XAUT-PERPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUTUSDT | +0.0100% | 4h | 4,340.2 | −0.044% | $120.5M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,341.3 | −0.018% | $350.8M | $275.7M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,341.9 | −0.005% | $11.5M | $3.2M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,340.1 | −0.046% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,340.8 | −0.030% | $629 | $116K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,340.6 | −0.035% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERPshort | +0.0100% | 1h | 4,341.6 | −0.011% | $1.8M | $175K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,346.7 | +0.106% | $3K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,339.1 | −0.070% | $1.8M | $230K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,341.7 | −0.009% | $2.4M | $1.7M | 75x | as long as short |
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT