Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.002%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$160.159% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.002%, 7d avg −0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XAUTUSDT | 4,326.3 | −0.0020 | get 0.0010% / 4h | 2h 03m | $118.3M | $29.9M | 75x |
| Short | MEXC XAUT_USDT | 4,326.2 | −0.0012 | pay 0.0006% / 4h | 2h 03m | $358.5M | $287.0M | 1000x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $1.75
- Price spread: −0.002% → −0.004%
- $0.13
- Slippage, 4 orders
- −$0.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$14.04
- Costs to cover
- 0.159%
- Break-even
- 63.3 days
Slippage from Bybit: live order book, 6 min ago; MEXC: 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 Bybit live order book, 6 min ago | 0.12 bp | 5.6 bp −$6 | 6.5 bp −$65 | 12.6 bp −$1,264 | doesn't fit |
| Sell MEXC live order book, 6 min ago | 0.35 bp | 2.3 bp −$2 | 2.3 bp −$23 | 5.3 bp −$530 | 25.8 bp −$12.9K |
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 | −0.0281% | 1h | 4,330.4 | +0.095% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0036% | 4h | 4,325.6 | −0.017% | $25.5M | $16.7M | 75x | as long as short |
| Bybit XAUTUSDTlong | −0.0020% | 4h | 4,326.3 | long leg | $118.3M | $29.9M | 75x | |
| MEXC XAUT_USDTshort | −0.0012% | 4h | 4,326.2 | −0.002% | $358.5M | $287.0M | 1000x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,328.7 | +0.055% | $130.0M | $8.6M | 100x | as long as short |
| Variational Omni XAUT | +0.0015% | 4h | 4,330.9 | +0.106% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.543% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,325.4 | −0.021% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,327.8 | +0.035% | $4.2M | $916K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,326.5 | +0.004% | $35.3M | $46.8M | 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 | 4,329.1 | +0.066% | $11.7M | $3.0M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,326.7 | +0.010% | — | $18.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,332.6 | +0.146% | $407 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,327.5 | +0.028% | $266 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,326.5 | +0.005% | $1.8M | $363K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,331.2 | +0.112% | $2K | $3.2M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,329 | +0.062% | $1.8M | $247K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,325.3 | −0.024% | $267K | $214K | 25x | as long as short |
| BloFin XAUT-USDT | +0.0129% | 4h | 4,330.7 | +0.102% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0168% | 1h | 4,327.8 | +0.035% | $5.7M | $4.8M | 50x | as long as short |
Bybit XAUTUSDT
MEXC XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD