Funding you earn now, next payment 05:00 UTC+0.0038%/8h= +4.1% APRpaid last 24h +0.004%
Price spread now: Binance against SoDEX+0.009%45s7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$190.188% of the position
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.009%, 7d avg −0.049%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.058% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.049%. The two prices were read 45 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 | SoDEX XAUT-USD | 4,342.7 | 0.0050 | pay 0.0006% / 1h | 0m 31s | $10.1M | $2.0M | 25x |
| Short | Binance XAUTUSDT | 4,343.1 | 0.0088 | get 0.0044% / 4h | 3h 00m | $35.3M | $45.2M | 75x |
SoDEX XAUT-USD
Binance XAUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SoDEX. 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
- $7.94
- Price spread: +0.009% → −0.049%
- $5.84
- Slippage, 4 orders
- −$0.8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$5.02
- Costs to cover
- 0.188%
- Break-even
- 11.4 days
Slippage from SoDEX: live order book, 4 min ago; Binance: live order book, 12 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 SoDEX live order book, 4 min ago | 0.12 bp | 4.1 bp −$4 | 5.0 bp −$50 | 48.0 bp −$4,796 | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.01 bp | 5.0 bp −$5 | 6.4 bp −$64 | 14.9 bp −$1,492 | doesn't fit |
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 | −0.0336% | 1h | 4,342.3 | −0.010% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0036% | 4h | 4,342.6 | −0.002% | $25.9M | $15.5M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,344.3 | +0.037% | $130.6M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.163% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USDlong | +0.0050% | 1h | 4,342.7 | long leg | $10.1M | $2.0M | 25x | |
| Variational Omni XAUT | +0.0054% | 4h | 4,342.4 | −0.007% | $33.1M | $3.4M | — | as long as short |
| Binance XAUTUSDTshort | +0.0088% | 4h | 4,343.1 | +0.009% | $35.3M | $45.2M | 75x | |
| Extended XAUT-USD | +0.0088% | 1h | 4,342 | −0.017% | $272K | $211K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,343 | +0.006% | $4.2M | $910K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,343.2 | +0.012% | $120.4M | $27.9M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
Extended XAUT-USD
Nado XAUT-PERP
Bybit XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,342.9 | +0.005% | $391.7M | $272.6M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,344.4 | +0.039% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,343.2 | +0.011% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,343.3 | +0.014% | $300 | $105K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,342.6 | −0.002% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,344.1 | +0.033% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,348.3 | +0.130% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.9 | −0.041% | $1.8M | $236K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,345.1 | +0.055% | $5.7M | $4.5M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,342.1 | −0.014% | $2.3M | $1.6M | 75x | as long as short |
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT