Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against Orderly−0.059%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.059% cheaper against Orderly than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XAUT_USDC_mythos | 4,323.7 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $266 | $17K | 10x |
| Short | Binance XAUTUSDT | 4,321.2 | 0.0098 | get 0.0049% / 4h | 2h 23m | $35.3M | $46.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- −$0.42
- Price spread: −0.059% → 0.000%
- −$5.87
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.29
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 3 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 0.01 bp | 5.3 bp −$5 | 8.1 bp −$81 | 14.6 bp −$1,457 | doesn't fit |
Orderly: 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 | −0.0315% | 1h | 4,329.5 | +0.134% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0034% | 4h | 4,318.9 | −0.111% | $25.6M | $16.6M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,322.1 | −0.037% | $130.1M | $8.4M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.604% | $8K | $149K | 30x | as long as short |
| Variational Omni XAUT | +0.0042% | 4h | 4,326.9 | +0.075% | $33.0M | $3.4M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,323.6 | −0.002% | $10.1M | $2.0M | 25x | as long as short |
| Bybit XAUTUSDT | +0.0058% | 4h | 4,320.3 | −0.078% | $118.2M | $29.6M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0068% | 4h | 4,320.6 | −0.072% | $358.6M | $281.3M | 1000x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,319.4 | −0.100% | $267K | $214K | 25x | as long as short |
| BingX XAUT-USDT | +0.0096% | 4h | 4,320.8 | −0.067% | — | $18.8M | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XAUTUSDTshort | +0.0098% | 4h | 4,321.2 | −0.059% | $35.3M | $46.8M | 75x | |
| Nado XAUT-PERP | +0.0100% | 1h | 4,325.5 | +0.041% | $4.2M | $905K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,322 | −0.040% | $11.7M | $3.0M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,325.7 | +0.045% | $415 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythoslong | +0.0100% | 4h | 4,323.7 | long leg | $266 | $17K | 10x | |
| Derive XAUT-PERP | +0.0100% | 1h | 4,324.2 | +0.012% | $1.8M | $305K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,328.3 | +0.106% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,323.2 | −0.011% | $1.8M | $239K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0168% | 1h | 4,324.7 | +0.022% | $5.7M | $4.7M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0273% | 4h | 4,330.4 | +0.155% | $2.3M | $1.6M | 75x | as long as short |
Binance XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
Extended XAUT-USD
BingX XAUT-USDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT