Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.012%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$160.160% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.012%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAUT_USDT | 4,322.1 | 0.0038 | pay 0.0019% / 4h | 2h 20m | $357.2M | $283.1M | 1000x |
| Short | Bybit XAUTUSDT | 4,322.6 | 0.0035 | get 0.0017% / 4h | 2h 20m | $118.2M | $29.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$0.63
- Price spread: +0.012% → +0.004%
- $0.79
- Slippage, 4 orders
- −$1.05
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$15.89
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bybit: 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 MEXC live order book, 4 min ago | 0.35 bp | 2.3 bp −$2 | 2.4 bp −$24 | 4.4 bp −$438 | 24.2 bp −$12.1K |
| Sell Bybit live order book, 4 min ago | 0.12 bp | 5.6 bp −$6 | 7.0 bp −$70 | 12.9 bp −$1,291 | 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 | −0.0320% | 1h | 4,323.9 | +0.040% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0036% | 4h | 4,321.9 | −0.004% | $25.6M | $16.7M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,322.8 | +0.016% | $130.2M | $8.5M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.641% | $8K | $149K | 30x | as long as short |
| Variational Omni XAUT | +0.0034% | 4h | 4,318.4 | −0.086% | $33.0M | $3.4M | — | as long as short |
| Bybit XAUTUSDTshort | +0.0035% | 4h | 4,322.6 | +0.012% | $118.2M | $29.8M | 75x | |
| MEXC XAUT_USDTlong | +0.0038% | 4h | 4,322.1 | long leg | $357.2M | $283.1M | 1000x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,322 | −0.002% | $10.1M | $2.0M | 25x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,320.8 | −0.030% | $267K | $214K | 25x | as long as short |
| Binance XAUTUSDT | +0.0098% | 4h | 4,323.2 | +0.026% | $35.3M | $46.9M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0098% | 4h | 4,321.1 | −0.023% | — | $18.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,319.9 | −0.050% | $4.2M | $912K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,323.5 | +0.031% | $11.7M | $3.0M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,321.8 | −0.008% | $946 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,322.3 | +0.005% | $266 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,322.7 | +0.015% | $1.8M | $305K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,328.1 | +0.138% | $3K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,318 | −0.095% | $1.8M | $239K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0155% | 4h | 4,320.4 | −0.039% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0168% | 1h | 4,324.7 | +0.060% | $5.7M | $4.8M | 50x | as long as short |
MEXC XAUT_USDT
Bybit XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
BingX XAUT-USDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD