Funding you earn now, next payment 04:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.52 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against Orderly−0.005%50s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 50 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 | Orderly PERP_XAUT_USDC_mythos | 4,343 | 0.0100 | pay 0.0050% / 4h | 2m 33s | $267 | $17K | 10x |
| Short | Bybit XAUTUSDT | 4,342.8 | −0.0003 | pay 0.0002% / 4h | 2m 33s | $120.0M | $28.0M | 75x |
Orderly PERP_XAUT_USDC_mythos
Bybit XAUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21.64
- Price spread: −0.005% → 0.000%
- −$0.46
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$39.1
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 0.12 bp | 5.6 bp −$6 | 6.7 bp −$67 | 13.3 bp −$1,334 | 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 | −0.0328% | 1h | 4,343.9 | +0.022% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0046% | 4h | 4,343.2 | +0.004% | $25.8M | $15.3M | 75x | as long as short |
| Variational Omni XAUT | −0.0021% | 4h | 4,343.2 | +0.004% | $33.1M | $3.5M | — | as long as short |
| MEXC XAUT_USDT | −0.0004% | 4h | 4,343.1 | +0.002% | $385.8M | $278.6M | 1000x | as long as short |
| Bybit XAUTUSDTshort | −0.0003% | 4h | 4,342.8 | −0.005% | $120.0M | $28.0M | 75x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,344.2 | +0.028% | $130.4M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.157% | $8K | $149K | 30x | as long as short |
| BingX XAUT-USDT | +0.0043% | 4h | 4,342.8 | −0.006% | — | $17.8M | — | as long as short |
| Binance XAUTUSDT | +0.0048% | 4h | 4,343.1 | +0.002% | $35.1M | $45.2M | 75x | as long as short |
| Extended XAUT-USD | +0.0048% | 1h | 4,341.8 | −0.028% | $272K | $215K | 25x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Variational Omni XAUT
MEXC XAUT_USDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
BingX XAUT-USDT
Binance XAUTUSDT
Extended XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XAUT-USD | +0.0050% | 1h | 4,341.7 | −0.030% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,343.2 | +0.005% | $4.2M | $908K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,343.9 | +0.020% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,344.8 | +0.041% | $756 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythoslong | +0.0100% | 4h | 4,343 | long leg | $267 | $17K | 10x | |
| Derive XAUT-PERP | +0.0100% | 1h | 4,343.2 | +0.004% | $1.8M | $298K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,349.3 | +0.144% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.5 | −0.058% | $1.8M | $226K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,344.2 | +0.028% | $5.7M | $4.5M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0235% | 4h | 4,342.3 | −0.016% | $2.3M | $1.6M | 75x | as long as short |
SoDEX XAUT-USD
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT