Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.010%
Price spread now: Bybit against Extended+0.021%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.173% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.021%, 7d avg +0.028%
=Together, before fees−0.012%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAUT-USD | 4,356.4 | 0.0104 | pay 0.0013% / 1h | 30m 58s | $274K | $231K | 25x |
| Short | Bybit XAUTUSDT | 4,357.3 | 0.0100 | get 0.0050% / 4h | 3h 30m | $121.0M | $27.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$0.84
- Price spread: +0.021% → +0.028%
- −$0.76
- Slippage, 4 orders
- −$1.3
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$18.9
- Costs to cover
- 0.173%
- Break-even
- never at this rate
Slippage from Extended: live order book, 41 min ago; Bybit: live order book, 3 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 Extended live order book, 41 min ago | 0.12 bp | 2.8 bp −$3 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.12 bp | 6.0 bp −$6 | 7.1 bp −$71 | 13.1 bp −$1,313 | 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 | −0.0191% | 1h | 4,359.7 | +0.075% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0058% | 4h | 4,356.6 | +0.005% | $25.9M | $15.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,358.3 | +0.044% | $131.3M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.151% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,359.1 | +0.062% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,356.9 | +0.011% | $33.2M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,357.6 | +0.026% | $4.2M | $999K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,357.4 | +0.022% | $35.5M | $46.8M | 75x | as long as short |
| Bybit XAUTUSDTshort | +0.0100% | 4h | 4,357.3 | +0.021% | $121.0M | $27.7M | 75x | |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,357.4 | +0.023% | $338.2M | $280.7M | 1000x | 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 | 4,359.4 | +0.069% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,357.8 | +0.031% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,359.6 | +0.072% | $732 | $116K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,357.6 | +0.028% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,359.2 | +0.064% | $1.9M | $216K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,362.3 | +0.135% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,356.2 | −0.004% | $1.9M | $230K | 75x | as long as short |
| Extended XAUT-USDlong | +0.0104% | 1h | 4,356.4 | long leg | $274K | $231K | 25x | |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,359.6 | +0.073% | $5.3M | $4.0M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,358.4 | +0.046% | $2.3M | $1.6M | 75x | as long as short |
Extended XAUT-USD
Bybit XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT