Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.020%
Price spread now: MEXC against KuCoin−0.043%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$190.188% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.043%, 7d avg −0.025%
=The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$1 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 | 4,326.7 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $11.7M | $3.0M | 75x |
| Short | MEXC XAUT_USDT | 4,324.8 | 0.0074 | get 0.0037% / 4h | 2h 27m | $382.0M | $275.2M | 1000x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$5.46
- Price spread: −0.043% → −0.025%
- −$1.76
- Slippage, 4 orders
- −$2.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$25.98
- Costs to cover
- 0.188%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 1 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, 6 min ago | 0.01 bp | 7.8 bp −$8 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.12 bp | 2.6 bp −$3 | 2.7 bp −$27 | 7.2 bp −$716 | 28.0 bp −$14.0K |
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 | −0.0316% | 1h | 4,332 | +0.123% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0036% | 4h | 4,324.5 | −0.050% | $25.7M | $16.5M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,327 | +0.008% | $130.0M | $8.3M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.535% | $8K | $149K | 30x | as long as short |
| Variational Omni XAUT | +0.0044% | 4h | 4,329.8 | +0.072% | $33.0M | $3.4M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,324.5 | −0.050% | $10.1M | $2.0M | 25x | as long as short |
| MEXC XAUT_USDTshort | +0.0074% | 4h | 4,324.8 | −0.043% | $382.0M | $275.2M | 1000x | |
| Bybit XAUTUSDT | +0.0075% | 4h | 4,324.6 | −0.048% | $119.1M | $28.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0094% | 4h | 4,324.8 | −0.043% | — | $17.9M | — | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,323.3 | −0.078% | $268K | $214K | 25x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XAUTUSDT | +0.0097% | 4h | 4,324.7 | −0.044% | $35.2M | $46.3M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,325.8 | −0.020% | $4.2M | $899K | 10x | as long as short |
| KuCoin XAUTUSDTMlong | +0.0100% | 4h | 4,326.7 | long leg | $11.7M | $3.0M | 75x | |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,333 | +0.146% | $416 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,324.2 | −0.057% | $266 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,325 | −0.037% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,329.5 | +0.064% | $3K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,323.2 | −0.079% | $1.8M | $238K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0168% | 1h | 4,326.4 | −0.007% | $5.6M | $4.7M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0300% | 4h | 4,328.3 | +0.038% | $2.3M | $1.6M | 75x | as long as short |
KuCoin XAUTUSDTM
MEXC XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
Bybit XAUTUSDT
BingX XAUT-USDT
Extended XAUT-USD
Binance XAUTUSDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT