Funding you earn now, next payment 00:00 UTC−0.0314%/8h= −34.4% APRnext payment −$1.57 per $10,000 · paid last 24h −0.017%
Price spread now: Bitget against KuCoin−0.066%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days+0.090%+$9 · spread now −0.066%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 0.046% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAUTUSDTM | 4,343 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $11.5M | $3.1M | 75x |
| Short | Bitget XAUTUSDT | 4,340.2 | −0.0214 | pay 0.0107% / 4h | 2h 28m | $26.4M | $15.1M | 75x |
KuCoin XAUTUSDTM
Bitget XAUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$65.94
- Price spread: −0.066% → −0.020%
- −$4.57
- Slippage, 4 orders
- −$7.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$101.63
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 0.01 bp | 8.0 bp −$8 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.01 bp | 8.5 bp −$8 | 12.7 bp −$127 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XAUTUSDTshort | −0.0214% | 4h | 4,340.2 | −0.066% | $26.4M | $15.1M | 75x | |
| Aftermath Perps XAUTUSD | −0.0201% | 1h | 4,341.6 | −0.032% | $56K | $33K | 20x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,342.4 | −0.013% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0056% | 1h | 4,343.8 | +0.018% | $8K | $76K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,343.1 | +0.002% | $131.9M | $8.9M | 100x | as long as short |
| Variational Omni XAUT | +0.0029% | 4h | 4,340.3 | −0.064% | $33.1M | $3.3M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.1 | +0.002% | $10.1M | $2.1M | 25x | as long as short |
| Binance XAUTUSDT | +0.0061% | 4h | 4,341.7 | −0.030% | $35.3M | $45.5M | 75x | as long as short |
| Extended XAUT-USD | +0.0064% | 1h | 4,341.2 | −0.041% | $272K | $217K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,340.8 | −0.051% | $4.2M | $916K | 10x | as long as short |
Aftermath Perps XAUTUSD
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
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 | 4,341.1 | −0.044% | $120.5M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,341.4 | −0.037% | $348.8M | $276.1M | 1000x | as long as short |
| KuCoin XAUTUSDTMlong | +0.0100% | 4h | 4,343 | long leg | $11.5M | $3.1M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,341 | −0.046% | — | $17.6M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,340.6 | −0.055% | $538 | $116K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,340.9 | −0.049% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,342.3 | −0.017% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,347.2 | +0.097% | $2K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,339 | −0.093% | $1.8M | $229K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,341.8 | −0.028% | $2.4M | $1.7M | 75x | as long as short |
Bybit XAUTUSDT
MEXC XAUT_USDT
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT