Funding you earn now, next payment 04:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.42 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against Bybit+0.021%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now +0.021%, 7d avg +0.005%
=The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XAUTUSDT | 4,343.7 | −0.0021 | get 0.0011% / 4h | 1h 06m | $120.0M | $28.0M | 75x |
| Short | BingX XAUT-USDT | 4,344.6 | 0.0062 | get 0.0031% / 4h | 1h 06m | — | $17.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $17.48
- Price spread: +0.021% → +0.005%
- $1.59
- Slippage, 4 orders
- −$1.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$3.13
- Costs to cover
- 0.222%
- Break-even
- 8.3 days
Slippage from Bybit: live order book, 3 min ago; BingX: 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 Bybit live order book, 3 min ago | 0.12 bp | 5.7 bp −$6 | 6.6 bp −$66 | 12.9 bp −$1,294 | doesn't fit |
| Sell BingX live order book, 2 min ago | 0.13 bp | 5.8 bp −$6 | 6.7 bp −$67 | 12.3 bp −$1,232 | 45.2 bp −$22.6K |
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 | −0.0335% | 1h | 4,347 | +0.078% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0038% | 4h | 4,343.5 | −0.005% | $25.8M | $15.2M | 75x | as long as short |
| Bybit XAUTUSDTlong | −0.0021% | 4h | 4,343.7 | long leg | $120.0M | $28.0M | 75x | |
| MEXC XAUT_USDT | −0.0016% | 4h | 4,343.7 | +0.001% | $352.0M | $283.3M | 1000x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,346 | +0.054% | $130.3M | $8.3M | 100x | as long as short |
| Variational Omni XAUT | +0.0007% | 4h | 4,343.2 | −0.011% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.141% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.8 | +0.003% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDT | +0.0061% | 4h | 4,343.2 | −0.010% | $35.2M | $45.7M | 75x | as long as short |
| BingX XAUT-USDTshort | +0.0062% | 4h | 4,344.6 | +0.021% | — | $17.8M | — |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAUT-USD | +0.0064% | 1h | 4,342.7 | −0.022% | $272K | $213K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,343.1 | −0.013% | $4.2M | $1.0M | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,346.4 | +0.063% | $11.4M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,346.8 | +0.072% | $604 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,344.5 | +0.019% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,345.1 | +0.033% | $1.8M | $286K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,350 | +0.145% | $3K | $3.4M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,345.8 | +0.048% | $1.8M | $233K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0188% | 1h | 4,346.3 | +0.060% | $5.7M | $4.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0229% | 4h | 4,343.6 | −0.002% | $2.3M | $1.6M | 75x | as long as short |
Bybit XAUTUSDT
BingX XAUT-USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
MEXC XAUT_USDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
Extended XAUT-USD
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT