XAUT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0266%/8h= +29.1% APRnext payment +$1.33 per $10,000 · paid last 24h +0.003%

Price spread now: Bybit against Bitget+0.002%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$260.261% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.002%, 7d avg +0.001%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUTUSDT	4,350.3	−0.0206	get 0.0103% / 4h	1h 26m	$26.3M	$14.7M	75x
Short	Bybit XAUTUSDT	4,350.4	0.0060	get 0.0030% / 4h	1h 26m	$120.6M	$26.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now +0.002%Rate

Funding earned: $55.81
Price spread: +0.002% → +0.001%: $0.08
Slippage, 4 orders: −$3.15
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $29.73
Costs to cover: 0.261%
Break-even: 3.3 days

Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago	0.01 bp	7.7 bp −$8	9.5 bp −$95	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.12 bp	5.6 bp −$6	6.5 bp −$65	13.4 bp −$1,344	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 XAUTUSDTlong	−0.0206%	4h	4,350.3	long leg	$26.3M	$14.7M	75x
Aftermath Perps XAUTUSD	−0.0195%	1h	4,351.3	+0.023%	$56K	$33K	20x	as long as short
Kraken Futures PF_XAUTUSD	−0.0105%	1h	4,353	+0.062%	$5.3M	$3.5M	50x	as long as short
Injective XAUT/USDC PERP	−0.0039%	1h	4,349.8	−0.011%	$8K	$149K	30x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,352	+0.039%	$131.8M	$8.0M	100x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,352	+0.039%	$10.2M	$2.0M	25x	as long as short
Variational Omni XAUT	+0.0059%	4h	4,348.6	−0.039%	$33.2M	$3.3M	—	as long as short
Bybit XAUTUSDTshort	+0.0060%	4h	4,350.4	+0.002%	$120.6M	$26.9M	75x
MEXC XAUT_USDT	+0.0062%	4h	4,350.4	+0.002%	$341.0M	$282.8M	1000x	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,350.6	+0.006%	$4.2M	$978K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XAUTUSDT	+0.0100%	4h	4,351.1	+0.018%	$35.4M	$45.5M	75x	as long as short
KuCoin XAUTUSDTM	+0.0100%	4h	4,352.9	+0.059%	$11.6M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,350.8	+0.010%	—	$17.8M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,351.3	+0.022%	$557	$112K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,351.2	+0.021%	$267	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,352.4	+0.049%	$1.8M	$175K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,356.1	+0.134%	$2K	$3.7M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,349.4	−0.020%	$1.8M	$230K	75x	as long as short
Extended XAUT-USD	+0.0104%	1h	4,350.5	+0.006%	$272K	$217K	25x	as long as short
BloFin XAUT-USDT	+0.0256%	4h	4,350	−0.007%	$2.3M	$1.7M	75x	as long as short