Funding you earn now, next payment 04:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.013%
Price spread now: Orderly against Bybit−0.007%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XAUTUSDT | 4,349.4 | −0.0014 | get 0.0007% / 4h | 1h 28m | $120.2M | $27.8M | 75x |
| Short | Orderly PERP_XAUT_USDC_mythos | 4,349.1 | 0.0100 | get 0.0050% / 4h | 1h 28m | $267 | $17K | 10x |
Bybit XAUTUSDT
Orderly PERP_XAUT_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $23.91
- Price spread: −0.007% → 0.000%
- −$0.71
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $6.2
- Costs to cover
- 0.170%
- Break-even
- 5.2 days
Slippage unknown: Bybit: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
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, 5 min ago | 0.12 bp | 5.7 bp −$6 | 6.7 bp −$67 | 14.6 bp −$1,464 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0304% | 1h | 4,348.9 | −0.011% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0034% | 4h | 4,350.1 | +0.016% | $25.9M | $15.2M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0016% | 4h | 4,350.1 | +0.016% | $343.0M | $280.6M | 1000x | as long as short |
| Bybit XAUTUSDTlong | −0.0014% | 4h | 4,349.4 | long leg | $120.2M | $27.8M | 75x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,351.9 | +0.057% | $130.4M | $8.2M | 100x | as long as short |
| Variational Omni XAUT | +0.0018% | 4h | 4,347.8 | −0.038% | $33.1M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.009% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,349.5 | +0.002% | $10.2M | $2.0M | 25x | as long as short |
| Extended XAUT-USD | +0.0072% | 1h | 4,349 | −0.010% | $272K | $213K | 25x | as long as short |
| Binance XAUTUSDT | +0.0075% | 4h | 4,350.2 | +0.017% | $35.2M | $45.5M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
MEXC XAUT_USDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0078% | 4h | 4,350.4 | +0.022% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,349.8 | +0.008% | $4.2M | $1.0M | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,352.2 | +0.064% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,349.4 | 0.000% | $731 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythosshort | +0.0100% | 4h | 4,349.1 | −0.007% | $267 | $17K | 10x | |
| Derive XAUT-PERP | +0.0100% | 1h | 4,350.6 | +0.026% | $1.9M | $279K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,354.6 | +0.120% | $2K | $3.4M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,348 | −0.033% | $1.9M | $235K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0187% | 1h | 4,351.3 | +0.044% | $5.7M | $4.5M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0225% | 4h | 4,350 | +0.014% | $2.3M | $1.6M | 75x | as long as short |
BingX XAUT-USDT
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT