Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.050%
Price spread now: KuCoin against BloFin+0.052%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.313% of the position
Funding, last 7 days−0.388%−$39 on $10k
+Price spread, last 3 days (all we have)−0.062%−$6 · spread now +0.052%, 7d avg +0.027%
=The price spread pays, funding is against you. KuCoin is 0.025% dearer against BloFin than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.027%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XAUT-USDT | 4,354.1 | 0.0340 | pay 0.0170% / 4h | 3h 22m | $2.3M | $1.6M | 75x |
| Short | KuCoin XAUTUSDTM | 4,356.4 | 0.0100 | get 0.0050% / 4h | 3h 22m | $11.4M | $2.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.052% → +0.027%
- $2.47
- Slippage, 4 orders
- −$7.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$79.26
- Costs to cover
- 0.313%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 6 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, 5 min ago | 0.12 bp | 6.1 bp −$6 | 6.4 bp −$64 | 9.6 bp −$958 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.01 bp | 7.6 bp −$8 | 13.5 bp −$135 | doesn't fit | 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 | −0.0234% | 1h | 4,356.6 | +0.058% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0056% | 4h | 4,354.2 | +0.002% | $25.9M | $15.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,355.6 | +0.034% | $131.2M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.099% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,356.1 | +0.046% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,354.6 | +0.012% | $33.2M | $3.5M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,353.4 | −0.016% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,354.9 | +0.017% | $35.4M | $46.7M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,354.6 | +0.011% | $121.0M | $27.8M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,354.6 | +0.011% | $337.9M | $281.5M | 1000x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTMshort | +0.0100% | 4h | 4,356.4 | +0.052% | $11.4M | $2.9M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,354.7 | +0.014% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,356.1 | +0.046% | $466 | $113K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,354.3 | +0.005% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,356.3 | +0.051% | $1.9M | $220K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,359.4 | +0.122% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,354.2 | +0.002% | $1.8M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,353.7 | −0.009% | $274K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,356.9 | +0.064% | $5.3M | $4.0M | 50x | as long as short |
| BloFin XAUT-USDTlong | +0.0340% | 4h | 4,354.1 | long leg | $2.3M | $1.6M | 75x |
BloFin XAUT-USDT
KuCoin XAUTUSDTM
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD