Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.024%
Price spread now: BingX against Gate−0.043%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.043%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XAUT_USDT | 4,361.1 | 0 | get 0.0000% / 8h | 25m 23s | $131.7M | $8.0M | 100x |
| Short | BingX XAUT-USDT | 4,359.2 | 0.0100 | get 0.0050% / 4h | 25m 23s | — | $17.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $21
- Price spread: −0.043% → −0.038%
- −$0.43
- Slippage, 4 orders
- −$3.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$7.79
- Costs to cover
- 0.284%
- Break-even
- 9.6 days
Slippage from Gate: live order book, 4 min ago; BingX: live order book, 13 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 Gate live order book, 4 min ago | 0.12 bp | 9.1 bp −$9 | 12.3 bp −$123 | 20.5 bp −$2,046 | 45.4 bp −$22.7K |
| Sell BingX live order book, 13 min ago | 0.13 bp | 5.1 bp −$5 | 5.9 bp −$59 | 10.6 bp −$1,064 | 23.2 bp −$11.6K |
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 | −0.0150% | 1h | 4,359.1 | −0.046% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0116% | 4h | 4,359.1 | −0.046% | $26.2M | $15.0M | 75x | as long as short |
| Injective XAUT/USDC PERP | −0.0055% | 1h | 4,349.8 | −0.259% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDTlong | 0.0000% | 8h | 4,361.1 | long leg | $131.7M | $8.0M | 100x | |
| MEXC XAUT_USDT | +0.0046% | 4h | 4,359.4 | −0.039% | $342.2M | $278.5M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0046% | 4h | 4,358.7 | −0.055% | $120.8M | $27.3M | 75x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,360.4 | −0.016% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0054% | 4h | 4,356.9 | −0.095% | $33.2M | $3.3M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,358.9 | −0.051% | $4.2M | $994K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,360.3 | −0.019% | $35.5M | $46.2M | 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 | 4,361 | −0.001% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDTshort | +0.0100% | 4h | 4,359.2 | −0.043% | — | $17.9M | — | |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,357.7 | −0.077% | $553 | $114K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,359.6 | −0.034% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,360.5 | −0.013% | $1.9M | $209K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,365.3 | +0.097% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,356 | −0.117% | $1.9M | $232K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,358.5 | −0.060% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0105% | 1h | 4,361.3 | +0.004% | $5.3M | $3.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0205% | 4h | 4,356.8 | −0.099% | $1.7M | $1.7M | 75x | as long as short |
Gate XAUT_USDT
BingX XAUT-USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Injective XAUT/USDC PERP
MEXC XAUT_USDT
Bybit XAUTUSDT
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT