Funding you earn now, next payment 04:00 UTC+0.0232%/8h= +25.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.056%
Price spread now: BloFin against KuCoin−0.035%50s7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.299% of the position
Funding, last 7 days+0.400%+$40 on $10k
+Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.035%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 50 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 | KuCoin XAUTUSDTM | 4,372 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $11.4M | $2.9M | 75x |
| Short | BloFin XAUT-USDT | 4,370.5 | 0.0332 | get 0.0166% / 4h | 3h 54m | $2.3M | $1.7M | 75x |
KuCoin XAUTUSDTM
BloFin XAUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $48.68
- Price spread: −0.035% → −0.027%
- −$0.85
- Slippage, 4 orders
- −$5.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $17.96
- Costs to cover
- 0.299%
- Break-even
- 4.4 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago | 0.01 bp | 7.3 bp −$7 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.92 bp | 6.9 bp −$7 | 7.6 bp −$76 | 14.0 bp −$1,401 | 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 | −0.0145% | 1h | 4,369.3 | −0.062% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0068% | 4h | 4,369.1 | −0.067% | $26.1M | $15.3M | 75x | as long as short |
| Bybit XAUTUSDT | −0.0036% | 4h | 4,369.9 | −0.049% | $121.0M | $27.7M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,370.9 | −0.026% | $131.6M | $7.9M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.508% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,371.9 | −0.003% | $10.2M | $2.0M | 25x | as long as short |
| MEXC XAUT_USDT | +0.0078% | 4h | 4,369.5 | −0.058% | $340.1M | $276.2M | 1000x | as long as short |
| Variational Omni XAUT | +0.0084% | 4h | 4,371.3 | −0.018% | $33.4M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,369.7 | −0.054% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,369.5 | −0.058% | $35.7M | $46.8M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
MEXC XAUT_USDT
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTMlong | +0.0100% | 4h | 4,372 | long leg | $11.4M | $2.9M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,369.9 | −0.050% | — | $18.0M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,372.5 | +0.011% | $835 | $116K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,369.8 | −0.051% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,371.9 | −0.004% | $1.9M | $240K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,375.4 | +0.077% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,368.5 | −0.080% | $1.9M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,368.6 | −0.078% | $274K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,372 | 0.000% | $5.3M | $3.9M | 50x | as long as short |
| BloFin XAUT-USDTshort | +0.0332% | 4h | 4,370.5 | −0.035% | $2.3M | $1.7M | 75x |
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD