Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.015%
Price spread now: Gate against MEXC+0.044%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.219% of the position
Funding, last 7 days−0.095%−$9 on $10k
+Price spread, last 7 days+0.005%$0 · spread now +0.044%, 7d avg +0.046%
=The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: $0 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 | 4,351.8 | 0.0010 | pay 0.0005% / 4h | 2h 27m | $333.6M | $285.0M | 1000x |
| Short | Gate XAUT_USDT | 4,353.7 | 0 | get 0.0000% / 8h | 6h 27m | $130.5M | $8.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$2.1
- Price spread: +0.044% → +0.046%
- −$0.27
- Slippage, 4 orders
- −$2.92
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$24.29
- Costs to cover
- 0.219%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 0.12 bp | 2.1 bp −$2 | 2.5 bp −$25 | 4.5 bp −$452 | 25.0 bp −$12.5K |
| Sell Gate live order book, 2 min ago | 0.12 bp | 9.0 bp −$9 | 12.1 bp −$121 | 20.7 bp −$2,067 | 51.3 bp −$25.6K |
XAUT on 19 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 | −0.0285% | 1h | 4,352.6 | +0.018% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,351.8 | −0.001% | $25.9M | $15.2M | 75x | as long as short |
| Gate XAUT_USDTshort | 0.0000% | 8h | 4,353.7 | +0.044% | $130.5M | $8.2M | 100x | |
| MEXC XAUT_USDTlong | +0.0010% | 4h | 4,351.8 | long leg | $333.6M | $285.0M | 1000x | |
| Bybit XAUTUSDT | +0.0017% | 4h | 4,351.7 | −0.003% | $120.6M | $27.8M | 75x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.046% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,353.3 | +0.034% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0057% | 4h | 4,351.7 | −0.003% | $33.1M | $3.5M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,351.9 | +0.001% | $4.2M | $993K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,352.2 | +0.009% | $35.3M | $46.8M | 75x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,353.3 | +0.035% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,351.9 | +0.003% | — | $17.8M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,352.2 | +0.009% | $1K | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,352 | +0.005% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,353.3 | +0.034% | $1.9M | $265K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,357.4 | +0.130% | $3K | $3.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,350.7 | −0.025% | $1.9M | $243K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,351.2 | −0.013% | $272K | $213K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0301% | 1h | 4,353.5 | +0.040% | $5.3M | $4.1M | 50x | as long as short |
MEXC XAUT_USDT
Gate XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD