Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.03 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against BingX−0.019%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.226% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.019%, 7d avg −0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XAUT-USDT | 4,313.6 | 0.0100 | pay 0.0050% / 4h | 21m 52s | — | $19.5M | — |
| Short | Bybit XAUTUSDT | 4,312.8 | 0.0093 | get 0.0047% / 4h | 21m 52s | $119.0M | $31.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$1.47
- Price spread: −0.019% → −0.004%
- −$1.44
- Slippage, 4 orders
- −$1.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$25.53
- Costs to cover
- 0.226%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 2 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 BingX live order book, 7 min ago | 0.14 bp | 5.1 bp −$5 | 5.4 bp −$54 | 9.7 bp −$965 | 55.9 bp −$28.0K |
| Sell Bybit live order book, 2 min ago | 0.12 bp | 6.7 bp −$7 | 7.7 bp −$77 | 15.6 bp −$1,556 | 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 | −0.0205% | 1h | 4,314.3 | +0.015% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0002% | 4h | 4,311.6 | −0.046% | $26.6M | $19.0M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,314.7 | +0.025% | $131.3M | $8.8M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.839% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,312.4 | −0.028% | $10.1M | $2.1M | 25x | as long as short |
| Variational Omni XAUT | +0.0060% | 4h | 4,311.3 | −0.055% | $32.8M | $3.4M | — | as long as short |
| MEXC XAUT_USDT | +0.0090% | 4h | 4,312.8 | −0.019% | $374.7M | $283.8M | 1000x | as long as short |
| Bybit XAUTUSDTshort | +0.0093% | 4h | 4,312.8 | −0.019% | $119.0M | $31.4M | 75x | |
| Nado XAUT-PERP | +0.0100% | 1h | 4,313.5 | −0.004% | $4.1M | $925K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,312.3 | −0.032% | $35.5M | $48.1M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,314.9 | +0.029% | $11.8M | $3.3M | 75x | as long as short |
| BingX XAUT-USDTlong | +0.0100% | 4h | 4,313.6 | long leg | — | $19.5M | — | |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,312.7 | −0.021% | $755 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,311.9 | −0.040% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,312.7 | −0.022% | $1.8M | $343K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,316 | +0.056% | $2K | $3.1M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,311.3 | −0.054% | $1.8M | $209K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,311.1 | −0.059% | $267K | $196K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0229% | 1h | 4,313.7 | +0.003% | $5.8M | $5.3M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0330% | 4h | 4,313.5 | −0.003% | $2.3M | $1.5M | 75x | as long as short |
BingX XAUT-USDT
Bybit XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
MEXC XAUT_USDT
Binance XAUTUSDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT