Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.051%
Price spread now: BingX against BloFin−0.007%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.239% of the position
Funding, last 7 days−0.392%−$39 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.007%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XAUT-USDT | 4,338.7 | 0.0340 | pay 0.0170% / 4h | 3h 45m | $2.3M | $1.6M | 75x |
| Short | BingX XAUT-USDT | 4,338.4 | 0.0100 | get 0.0050% / 4h | 3h 45m | — | $17.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$50.4
- Price spread: −0.007% → +0.004%
- −$1.16
- Slippage, 4 orders
- −$1.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$75.5
- Costs to cover
- 0.239%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 8 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 BloFin live order book, 3 min ago | 0.46 bp | 6.5 bp −$7 | 7.2 bp −$72 | 10.9 bp −$1,092 | doesn't fit |
| Sell BingX live order book, 8 min ago | 0.13 bp | 5.1 bp −$5 | 6.5 bp −$65 | 13.9 bp −$1,388 | 52.0 bp −$26.0K |
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 | −0.0354% | 1h | 4,338.4 | −0.006% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0046% | 4h | 4,339.2 | +0.011% | $25.8M | $15.4M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,339.9 | +0.028% | $130.2M | $8.1M | 100x | as long as short |
| Variational Omni XAUT | +0.0008% | 4h | 4,338.9 | +0.004% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.256% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,337.9 | −0.018% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDT | +0.0055% | 4h | 4,338.6 | −0.003% | $35.1M | $45.2M | 75x | as long as short |
| Extended XAUT-USD | +0.0056% | 1h | 4,335.8 | −0.067% | $272K | $215K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,337.3 | −0.032% | $4.2M | $911K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,338.5 | −0.005% | $120.0M | $27.9M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,339.2 | +0.012% | $389.4M | $270.4M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,340.2 | +0.035% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDTshort | +0.0100% | 4h | 4,338.4 | −0.007% | — | $17.7M | — | |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,338.1 | −0.015% | $807 | $106K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,337.4 | −0.030% | $266 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,339 | +0.007% | $1.8M | $299K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,344.4 | +0.132% | $3K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,338.6 | −0.003% | $1.8M | $227K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,340.4 | +0.039% | $5.7M | $4.4M | 50x | as long as short |
| BloFin XAUT-USDTlong | +0.0340% | 4h | 4,338.7 | long leg | $2.3M | $1.6M | 75x |
BloFin XAUT-USDT
BingX XAUT-USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
Extended XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD