Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Binance against KuCoin−0.011%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.265% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now −0.011%, 7d avg −0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAUTUSDTM | 4,311.4 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $12.0M | $3.3M | 75x |
| Short | Binance XAUTUSDT | 4,311 | 0.0100 | get 0.0050% / 4h | 3h 51m | $35.8M | $47.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $0
- Price spread: −0.011% → −0.021%
- $1.07
- Slippage, 4 orders
- −$4.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$25.38
- Costs to cover
- 0.265%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Binance: live order book, 6 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 KuCoin live order book, 7 min ago | 0.01 bp | 7.3 bp −$7 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.01 bp | 5.5 bp −$5 | 7.4 bp −$74 | 15.3 bp −$1,528 | 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 | −0.0215% | 1h | 4,307.3 | −0.095% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0072% | 4h | 4,310.7 | −0.017% | $27.4M | $20.7M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,309.9 | −0.035% | $130.4M | $9.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.890% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,305.6 | −0.135% | $10.1M | $2.1M | 25x | as long as short |
| Variational Omni XAUT | +0.0083% | 4h | 4,304.6 | −0.157% | $32.7M | $3.3M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,309.6 | −0.044% | $4.1M | $962K | 10x | as long as short |
| Binance XAUTUSDTshort | +0.0100% | 4h | 4,311 | −0.011% | $35.8M | $47.7M | 75x | |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,310.7 | −0.017% | $118.6M | $31.7M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,311.5 | +0.002% | $376.1M | $281.5M | 1000x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTMlong | +0.0100% | 4h | 4,311.4 | long leg | $12.0M | $3.3M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,310.2 | −0.029% | — | $19.6M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,308.2 | −0.075% | $741 | $108K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,308.3 | −0.073% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,306.3 | −0.119% | $1.8M | $350K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,311.4 | 0.000% | $3K | $3.0M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,306.3 | −0.120% | $1.8M | $205K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,309 | −0.056% | $265K | $198K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0290% | 1h | 4,308.8 | −0.060% | $5.8M | $5.4M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0297% | 4h | 4,308.3 | −0.073% | $2.3M | $1.6M | 75x | as long as short |
KuCoin XAUTUSDTM
Binance XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Bybit XAUTUSDT
MEXC XAUT_USDT
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT