Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Gate against KuCoin+0.009%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now +0.009%, 7d avg +0.021%
=The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAUTUSDTM | 4,349.1 | 0.0100 | pay 0.0050% / 4h | 25m 01s | $11.5M | $2.9M | 75x |
| Short | Gate XAUT_USDT | 4,349.5 | 0 | get 0.0000% / 8h | 4h 25m | $130.5M | $8.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21
- Price spread: +0.009% → +0.021%
- −$1.28
- Slippage, 4 orders
- −$4.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$54.02
- Costs to cover
- 0.317%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: 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, 3 min ago | 0.01 bp | 6.4 bp −$6 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.12 bp | 9.3 bp −$9 | 12.1 bp −$121 | 20.1 bp −$2,008 | 49.7 bp −$24.8K |
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 | −0.0346% | 1h | 4,347.1 | −0.047% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,347.3 | −0.041% | $25.9M | $15.3M | 75x | as long as short |
| Bybit XAUTUSDT | −0.0032% | 4h | 4,347.8 | −0.031% | $120.1M | $28.1M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0028% | 4h | 4,347.8 | −0.031% | $375.7M | $276.3M | 1000x | as long as short |
| Variational Omni XAUT | −0.0026% | 4h | 4,347.3 | −0.041% | $33.1M | $3.5M | — | as long as short |
| Gate XAUT_USDTshort | 0.0000% | 8h | 4,349.5 | +0.009% | $130.5M | $8.2M | 100x | |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.015% | $8K | $149K | 30x | as long as short |
| Binance XAUTUSDT | +0.0039% | 4h | 4,347.2 | −0.044% | $35.1M | $45.4M | 75x | as long as short |
| Extended XAUT-USD | +0.0040% | 1h | 4,346 | −0.072% | $272K | $215K | 25x | as long as short |
| BingX XAUT-USDT | +0.0040% | 4h | 4,348.2 | −0.020% | — | $17.8M | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XAUT-USD | +0.0050% | 1h | 4,347.4 | −0.040% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,347.2 | −0.045% | $4.2M | $963K | 10x | as long as short |
| KuCoin XAUTUSDTMlong | +0.0100% | 4h | 4,349.1 | long leg | $11.5M | $2.9M | 75x | |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,348 | −0.026% | $913 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,347 | −0.049% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,348.7 | −0.011% | $1.8M | $298K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,352.7 | +0.081% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,346.7 | −0.056% | $1.8M | $226K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0212% | 4h | 4,347.6 | −0.035% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,349.9 | +0.018% | $5.7M | $4.5M | 50x | as long as short |
KuCoin XAUTUSDTM
Gate XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
Binance XAUTUSDT
Extended XAUT-USD
BingX XAUT-USDT
SoDEX XAUT-USD
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD