Funding you earn now, next payment 22:00 UTC−0.0156%/8h= −17.0% APRpaid last 24h −0.007%
Price spread now: Injective against MEXC+0.060%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.060% dearer against MEXC than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.052% in total) that is about 8.0 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAUT_USDT | 4,341.2 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $348.7M | $276.1M | 1000x |
| Short | Injective XAUT/USDC PERP | 4,343.8 | −0.0056 | pay 0.0007% / 1h | 24m 20s | $8K | $76K | 30x |
MEXC XAUT_USDT
Injective XAUT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$32.68
- Price spread: +0.060% → 0.000%
- $5.99
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$30.71
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 5 min ago; Injective: 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, 5 min ago | 0.35 bp | 2.3 bp −$2 | 3.0 bp −$30 | 25.1 bp −$2,514 | 60.8 bp −$30.4K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XAUTUSDT | −0.0220% | 4h | 4,339.5 | −0.040% | $26.4M | $15.1M | 75x | as long as short |
| Aftermath Perps XAUTUSD | −0.0200% | 1h | 4,341.5 | +0.007% | $56K | $33K | 20x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,342.7 | +0.034% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERPshort | −0.0056% | 1h | 4,343.8 | +0.060% | $8K | $76K | 30x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,342.7 | +0.035% | $131.9M | $8.9M | 100x | as long as short |
| Variational Omni XAUT | +0.0035% | 4h | 4,341 | −0.005% | $33.1M | $3.3M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.1 | +0.044% | $10.1M | $2.1M | 25x | as long as short |
| Extended XAUT-USD | +0.0064% | 1h | 4,341.2 | −0.001% | $272K | $217K | 25x | as long as short |
| Binance XAUTUSDT | +0.0066% | 4h | 4,341.7 | +0.012% | $35.2M | $45.5M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,341.1 | −0.003% | $4.2M | $916K | 10x | as long as short |
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Kraken Futures PF_XAUTUSD
Gate XAUT_USDT
Variational Omni XAUT
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
Nado XAUT-PERPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUTUSDT | +0.0100% | 4h | 4,341.1 | −0.002% | $120.5M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDTlong | +0.0100% | 4h | 4,341.2 | long leg | $348.7M | $276.1M | 1000x | |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,342.7 | +0.034% | $11.5M | $3.1M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,341.1 | −0.002% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,341.1 | −0.002% | $521 | $115K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,341.3 | +0.002% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,342.3 | +0.025% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,347.5 | +0.145% | $2K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,339 | −0.051% | $1.8M | $230K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,341.7 | +0.012% | $2.4M | $1.7M | 75x | as long as short |
Bybit XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT