Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against KuCoin−0.032%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.032%, 7d avg −0.023%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAUTUSDTM | 4,322 | 0.0100 | pay 0.0050% / 4h | 52m 08s | $12.3M | $3.8M | 75x |
| Short | Bybit XAUTUSDT | 4,320.6 | 0.0100 | get 0.0050% / 4h | 52m 08s | $118.7M | $36.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.032% → −0.023%
- −$0.95
- Slippage, 4 orders
- −$5.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$29.33
- Costs to cover
- 0.284%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: 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, 4 min ago | 0.01 bp | 7.3 bp −$7 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.12 bp | 5.9 bp −$6 | 6.8 bp −$68 | 13.8 bp −$1,378 | 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 | −0.0130% | 4h | 4,319.7 | −0.053% | $24.3M | $25.1M | 75x | as long as short |
| Aftermath Perps XAUTUSD | −0.0083% | 1h | 4,323.4 | +0.032% | $55K | $7K | 20x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,322.1 | +0.003% | $129.6M | $10.5M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.643% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,317.7 | −0.099% | $10.1M | $2.2M | 25x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,319.5 | −0.058% | $274K | $211K | 25x | as long as short |
| Binance XAUTUSDT | +0.0096% | 4h | 4,320.8 | −0.028% | $36.2M | $48.1M | 75x | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,319.6 | −0.055% | $33.0M | $3.1M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,321 | −0.023% | $4.2M | $897K | 10x | as long as short |
| Bybit XAUTUSDTshort | +0.0100% | 4h | 4,320.6 | −0.032% | $118.7M | $36.7M | 75x |
Show all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,320.2 | −0.041% | $392.9M | $293.6M | 1000x | as long as short |
| KuCoin XAUTUSDTMlong | +0.0100% | 4h | 4,322 | long leg | $12.3M | $3.8M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,320.8 | −0.029% | — | $20.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,321.2 | −0.019% | $730 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,320.2 | −0.041% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,321.1 | −0.020% | $1.8M | $435K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,325.8 | +0.087% | $2K | $2.5M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,319.4 | −0.059% | $1.8M | $180K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0133% | 1h | 4,320.2 | −0.043% | $5.9M | $5.9M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,321.1 | −0.021% | $2.3M | $731K | 75x | as long as short |
KuCoin XAUTUSDTM
Bybit XAUTUSDT
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
Variational Omni XAUT
MEXC XAUT_USDT
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT