Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SoDEX against SunX−0.094%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 3 days (all we have)−0.047%−$5 on $10k
+Price spread, last 3 days (all we have)+0.090%+$9 · spread now −0.094%, 7d avg −0.047%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.048% cheaper against SunX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XAUT-USDT | 4,347.2 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $2K | $3.8M | 20x |
| Short | SoDEX XAUT-USD | 4,343.1 | 0.0050 | get 0.0006% / 1h | 21m 18s | $10.1M | $2.1M | 25x |
SunX XAUT-USDT
SoDEX XAUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against SunX. 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
- −$10.5
- Price spread: −0.094% → −0.047%
- −$4.75
- Slippage, 4 orders
- −$56.12
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$87.38
- Costs to cover
- 0.721%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; SoDEX: live order book, 3 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 SunX live order book, 7 min ago | 21.51 bp | 25.5 bp −$26 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 3 min ago | 0.12 bp | 4.1 bp −$4 | 5.0 bp −$50 | 46.5 bp −$4,652 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XAUTUSDT | −0.0226% | 4h | 4,339.5 | −0.178% | $26.4M | $15.1M | 75x | as long as short |
| Aftermath Perps XAUTUSD | −0.0202% | 1h | 4,341.5 | −0.131% | $56K | $33K | 20x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,342.8 | −0.102% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0056% | 1h | 4,343.8 | −0.078% | $8K | $76K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,342.6 | −0.106% | $131.9M | $8.9M | 100x | as long as short |
| Variational Omni XAUT | +0.0035% | 4h | 4,341 | −0.143% | $33.1M | $3.3M | — | as long as short |
| SoDEX XAUT-USDshort | +0.0050% | 1h | 4,343.1 | −0.094% | $10.1M | $2.1M | 25x | |
| Binance XAUTUSDT | +0.0069% | 4h | 4,341.7 | −0.126% | $35.2M | $45.5M | 75x | as long as short |
| Extended XAUT-USD | +0.0072% | 1h | 4,341.2 | −0.138% | $272K | $217K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,341.2 | −0.139% | $4.2M | $915K | 10x | as long as short |
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
Variational Omni XAUT
Binance XAUTUSDT
Extended XAUT-USD
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 | 4,341.2 | −0.138% | $120.5M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,341.4 | −0.133% | $349.0M | $276.2M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,342.5 | −0.107% | $11.5M | $3.1M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,341 | −0.142% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,341.2 | −0.137% | $521 | $115K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,341.3 | −0.136% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,342.3 | −0.114% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDTlong | +0.0100% | 4h | 4,347.2 | long leg | $2K | $3.8M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,339 | −0.189% | $1.8M | $230K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,341.8 | −0.124% | $2.4M | $1.7M | 75x | as long as short |
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
HTX XAUT-USDT
BloFin XAUT-USDT