Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against MEXC+0.010%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$150.148% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now +0.010%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, 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 | MEXC XAUT_USDT | 4,341.3 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $348.8M | $276.1M | 1000x |
| Short | Binance XAUTUSDT | 4,341.7 | 0.0061 | get 0.0031% / 4h | 2h 28m | $35.3M | $45.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$8.1
- Price spread: +0.010% → +0.004%
- $0.6
- Slippage, 4 orders
- −$0.84
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.34
- Costs to cover
- 0.148%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 14 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 MEXC live order book, 1 min ago | 0.35 bp | 2.3 bp −$2 | 3.0 bp −$30 | 25.1 bp −$2,514 | 60.8 bp −$30.4K |
| Sell Binance live order book, 14 min ago | 0.01 bp | 5.1 bp −$5 | 6.1 bp −$61 | 19.1 bp −$1,909 | 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 XAUTUSDT | −0.0214% | 4h | 4,340.1 | −0.027% | $26.4M | $15.1M | 75x | as long as short |
| Aftermath Perps XAUTUSD | −0.0199% | 1h | 4,341.9 | +0.013% | $56K | $33K | 20x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,342.3 | +0.022% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0056% | 1h | 4,343.8 | +0.058% | $8K | $76K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,343.1 | +0.041% | $131.9M | $8.9M | 100x | as long as short |
| Variational Omni XAUT | +0.0029% | 4h | 4,340.3 | −0.024% | $33.1M | $3.3M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.1 | +0.041% | $10.1M | $2.1M | 25x | as long as short |
| Binance XAUTUSDTshort | +0.0061% | 4h | 4,341.7 | +0.010% | $35.3M | $45.5M | 75x | |
| Extended XAUT-USD | +0.0064% | 1h | 4,341.3 | −0.001% | $272K | $217K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,341.2 | −0.003% | $4.2M | $916K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUTUSDT | +0.0100% | 4h | 4,341.2 | −0.002% | $120.5M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDTlong | +0.0100% | 4h | 4,341.3 | long leg | $348.8M | $276.1M | 1000x | |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,343 | +0.039% | $11.5M | $3.1M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,341 | −0.006% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,340.6 | −0.016% | $538 | $116K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,341.2 | −0.002% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,342.3 | +0.024% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,347.8 | +0.149% | $2K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,339 | −0.053% | $1.8M | $229K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,341.8 | +0.012% | $2.4M | $1.7M | 75x | as long as short |
MEXC XAUT_USDT
Binance XAUTUSDT
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
Variational Omni XAUT
SoDEX XAUT-USD
Extended XAUT-USD
Bybit XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT