Funding you earn now, next payment 12:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h +0.002%
Price spread now: SunX against Kraken Futures+0.096%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.096%, 7d avg +0.079%
=The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.057%, 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 | Kraken Futures PF_XAUTUSD | 4,315.3 | 0.0134 | pay 0.0017% / 1h | 47m 57s | $5.9M | $5.9M | 50x |
| Short | SunX XAUT-USDT | 4,319.5 | 0.0100 | get 0.0050% / 4h | 47m 57s | $3K | $2.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Kraken Futures. 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
- −$7.06
- Price spread: +0.096% → +0.079%
- $1.78
- Slippage, 4 orders
- −$59.18
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$82.47
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; SunX: 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 Kraken Futures live order book, 4 min ago | 0.23 bp | 6.5 bp −$7 | 7.9 bp −$79 | 16.7 bp −$1,673 | doesn't fit |
| Sell SunX live order book, 3 min ago | 21.51 bp | 38.4 bp −$38 | 68.0 bp −$680 | doesn't fit | doesn't fit |
XAUT on 20 exchanges
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 | −0.0128% | 4h | 4,315.1 | −0.005% | $24.3M | $25.2M | 75x | as long as short |
| Aftermath Perps XAUTUSD | −0.0072% | 1h | 4,318.7 | +0.079% | $55K | $7K | 20x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,316.6 | +0.030% | $130.0M | $10.7M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.799% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,313.1 | −0.051% | $10.1M | $2.2M | 25x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,313.8 | −0.035% | $274K | $211K | 25x | as long as short |
| Binance XAUTUSDT | +0.0097% | 4h | 4,315.4 | +0.002% | $36.1M | $48.4M | 75x | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,317 | +0.039% | $33.0M | $3.1M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,316 | +0.017% | $4.1M | $899K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,315.4 | +0.002% | $118.7M | $37.7M | 75x | as long as short |
Show all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,315.6 | +0.007% | $393.3M | $296.0M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,315.9 | +0.014% | $12.3M | $3.7M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,314.9 | −0.009% | — | $21.0M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,318.9 | +0.082% | $730 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,314 | −0.030% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,316 | +0.015% | $1.8M | $435K | 10x | as long as short |
| SunX XAUT-USDTshort | +0.0100% | 4h | 4,319.5 | +0.096% | $3K | $2.5M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,319.2 | +0.089% | $1.8M | $180K | 75x | as long as short |
| Kraken Futures PF_XAUTUSDlong | +0.0134% | 1h | 4,315.3 | long leg | $5.9M | $5.9M | 50x | |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,313 | −0.053% | $2.3M | $732K | 75x | as long as short |
Kraken Futures PF_XAUTUSD
SunX XAUT-USDT
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
Variational Omni XAUT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
HTX XAUT-USDT
BloFin XAUT-USDT