Funding you earn now, next payment 04:00 UTC−0.0077%/8h= −8.5% APRpaid last 24h +0.009%
Price spread now: MEXC against Injective−0.147%85s7-day average −0.114% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 4 days (all we have)−0.133%−$13 · spread now −0.147%, 7d avg −0.114%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.033% cheaper against Injective than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.114%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | pay 0.0004% / 1h | 45m 47s | $8K | $149K | 30x |
| Short | MEXC XAUT_USDT | 4,343.4 | −0.0044 | pay 0.0022% / 4h | 45m 47s | $354.1M | $272.7M | 1000x |
Injective XAUT/USDC PERP
MEXC XAUT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- −$16.24
- Price spread: −0.147% → −0.114%
- −$3.27
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$23.53
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 3 min ago | 0.23 bp | 2.2 bp −$2 | 2.3 bp −$23 | 5.1 bp −$513 | 22.9 bp −$11.4K |
Injective: 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 | −0.0322% | 1h | 4,342.7 | −0.164% | $56K | $29K | 20x | as long as short |
| Bybit XAUTUSDT | −0.0044% | 4h | 4,343.7 | −0.141% | $120.0M | $28.1M | 75x | as long as short |
| MEXC XAUT_USDTshort | −0.0044% | 4h | 4,343.4 | −0.147% | $354.1M | $272.7M | 1000x | |
| Bitget XAUTUSDT | −0.0044% | 4h | 4,344 | −0.134% | $26.0M | $15.2M | 75x | as long as short |
| Variational Omni XAUT | −0.0026% | 4h | 4,342.4 | −0.169% | $33.1M | $3.5M | — | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,345.7 | −0.094% | $130.6M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERPlong | +0.0033% | 1h | 4,349.8 | long leg | $8K | $149K | 30x | |
| Binance XAUTUSDT | +0.0045% | 4h | 4,344.2 | −0.130% | $35.1M | $45.6M | 75x | as long as short |
| Extended XAUT-USD | +0.0048% | 1h | 4,342.7 | −0.163% | $272K | $213K | 25x | as long as short |
| BingX XAUT-USDT | +0.0048% | 4h | 4,343.6 | −0.143% | — | $17.8M | — | as long as short |
Aftermath Perps XAUTUSD
Bybit XAUTUSDT
Bitget XAUTUSDT
Variational Omni XAUT
Gate XAUT_USDT
Binance XAUTUSDT
Extended XAUT-USD
BingX XAUT-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.4 | −0.147% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,343.4 | −0.146% | $4.2M | $980K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,345.7 | −0.094% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,341.7 | −0.185% | $1K | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,343 | −0.156% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,344.6 | −0.120% | $1.8M | $295K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,349.3 | −0.011% | $2K | $3.4M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.6 | −0.212% | $1.8M | $234K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,345.7 | −0.094% | $5.7M | $4.5M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0233% | 4h | 4,342 | −0.179% | $2.3M | $1.6M | 75x | as long as short |
SoDEX XAUT-USD
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT