Funding you earn now, next payment 20:00 UTC+0.0019%/8hpaid last 24h −0.010%
Price spread now: SoDEX against Binance−0.032%7-day average +0.054% · 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−$27as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Funding, last 3 days (all we have)−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.161%+$16 · spread now −0.032%, 7d avg +0.054%
=Funding pays, the price is against you. SoDEX is 0.086% cheaper against Binance than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.054%). If the spread goes back, that is −$9 on $10k: about 15 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAUTUSDT | 4,346.7 | 0.0031 | pay 0.0016% / 4h | 4m 57s | $35.3M | $44.9M | 75x |
| Short | SoDEX XAUT-USD | 4,345.3 | 0.0050 | get 0.0006% / 1h | 4m 57s | $10.1M | $2.1M | 25x |
Binance XAUTUSDT
SoDEX XAUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Binance. 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
- $3.95
- Price spread: −0.032% → +0.054%
- −$8.58
- Slippage, 4 orders
- −$0.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$22.92
- Costs to cover
- 0.183%
- Break-even
- 47.6 days
Slippage from Binance: live order book, 11 min ago; SoDEX: live order book, 4 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 Binance live order book, 11 min ago | 0.01 bp | 5.0 bp −$5 | 5.2 bp −$52 | 18.1 bp −$1,814 | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.12 bp | 4.2 bp −$4 | 5.2 bp −$52 | 44.1 bp −$4,413 | 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 | −0.0290% | 1h | 4,349.3 | +0.061% | $56K | $33K | 20x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0114% | 1h | 4,347.4 | +0.017% | $5.4M | $3.3M | 50x | as long as short |
| Variational Omni XAUT | −0.0088% | 4h | 4,345.4 | −0.029% | $33.1M | $3.2M | — | as long as short |
| Bybit XAUTUSDT | −0.0082% | 4h | 4,345.5 | −0.027% | $120.6M | $27.0M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0080% | 4h | 4,345.5 | −0.027% | $378.3M | $270.1M | 1000x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,347.5 | +0.019% | $132.8M | $9.1M | 100x | as long as short |
| Binance XAUTUSDTlong | +0.0031% | 4h | 4,346.7 | long leg | $35.3M | $44.9M | 75x | |
| Extended XAUT-USD | +0.0032% | 1h | 4,346.3 | −0.009% | $272K | $214K | 25x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,340.8 | −0.135% | $8K | $87K | 30x | as long as short |
| SoDEX XAUT-USDshort | +0.0050% | 1h | 4,345.3 | −0.032% | $10.1M | $2.1M | 25x |
Aftermath Perps XAUTUSD
Kraken Futures PF_XAUTUSD
Variational Omni XAUT
Bybit XAUTUSDT
MEXC XAUT_USDT
Gate XAUT_USDT
Extended XAUT-USD
Injective XAUT/USDC PERPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XAUTUSDT | +0.0064% | 4h | 4,344.1 | −0.061% | $28.2M | $12.8M | 75x | as long as short |
| BingX XAUT-USDT | +0.0078% | 4h | 4,346.8 | +0.002% | — | $17.6M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,345.4 | −0.028% | $4.2M | $902K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,346.3 | −0.010% | $11.7M | $3.3M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,347.1 | +0.010% | $583 | $117K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,346.8 | +0.003% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,346.8 | +0.002% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,352.4 | +0.131% | $3K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,344.6 | −0.047% | $1.8M | $234K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0161% | 4h | 4,345.4 | −0.029% | $2.4M | $1.7M | 75x | as long as short |
Bitget XAUTUSDT
BingX XAUT-USDT
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT