Funding you earn now, next payment 21:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.009%
Price spread now: Derive against MEXC+0.036%7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 3 days (all we have)+0.127%+$13 · spread now +0.036%, 7d avg +0.036%
=The price spread sits at its 7-day average of +0.036%, 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 | MEXC XAUT_USDT | 4,340.3 | 0.0006 | pay 0.0003% / 4h | 3h 24m | $369.7M | $272.7M | 1000x |
| Short | Derive XAUT-PERP | 4,341.8 | 0.0100 | get 0.0013% / 1h | 24m 19s | $1.8M | $175K | 10x |
MEXC XAUT_USDT
Derive XAUT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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
- $19.74
- Price spread: +0.036% → +0.036%
- −$0.05
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $9.69
- Costs to cover
- 0.100%
- Break-even
- 3.6 days
Slippage unknown: MEXC: live order book, 4 min ago; Derive: no order-book sample. Net counts fees only.
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 | 0.12 bp | 2.1 bp −$2 | 2.1 bp −$21 | 3.6 bp −$359 | 22.9 bp −$11.5K |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0193% | 1h | 4,343.2 | +0.067% | $56K | $33K | 20x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0144% | 1h | 4,342.2 | +0.044% | $5.3M | $3.4M | 50x | as long as short |
| Bitget XAUTUSDT | −0.0086% | 4h | 4,338.4 | −0.044% | $27.2M | $13.9M | 75x | as long as short |
| Variational Omni XAUT | −0.0081% | 4h | 4,340.5 | +0.005% | $33.1M | $3.2M | — | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,342 | +0.039% | $131.9M | $9.0M | 100x | as long as short |
| MEXC XAUT_USDTlong | +0.0006% | 4h | 4,340.3 | long leg | $369.7M | $272.7M | 1000x | |
| Bybit XAUTUSDT | +0.0026% | 4h | 4,340.5 | +0.005% | $120.5M | $27.0M | 75x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,343.8 | +0.081% | $8K | $76K | 30x | as long as short |
| BingX XAUT-USDT | +0.0044% | 4h | 4,340.5 | +0.006% | — | $17.7M | — | as long as short |
| Binance XAUTUSDT | +0.0044% | 4h | 4,340.8 | +0.011% | $35.2M | $45.1M | 75x | as long as short |
Aftermath Perps XAUTUSD
Kraken Futures PF_XAUTUSD
Bitget XAUTUSDT
Variational Omni XAUT
Gate XAUT_USDT
Bybit XAUTUSDT
Injective XAUT/USDC PERP
BingX XAUT-USDT
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAUT-USD | +0.0048% | 1h | 4,340.2 | −0.002% | $272K | $217K | 25x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,340.5 | +0.005% | $10.1M | $2.1M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,340.5 | +0.005% | $4.2M | $906K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,342.7 | +0.054% | $11.5M | $3.3M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,341 | +0.017% | $964 | $117K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,341.5 | +0.028% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERPshort | +0.0100% | 1h | 4,341.8 | +0.036% | $1.8M | $175K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,347.1 | +0.157% | $2K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,339 | −0.030% | $1.8M | $231K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0187% | 4h | 4,341.7 | +0.032% | $2.4M | $1.7M | 75x | as long as short |
Extended XAUT-USD
SoDEX XAUT-USD
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT