Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: SoDEX against Gate+0.018%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.264% of the position
Funding, last 3 days (all we have)+0.045%+$4 on $10k
+Price spread, last 3 days (all we have)+0.067%+$7 · spread now +0.018%, 7d avg +0.019%
=The price spread sits at its 7-day average of +0.019%, 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 | Gate XAUT_USDT | 4,372.5 | 0 | get 0.0000% / 8h | 7h 49m | $131.8M | $8.0M | 100x |
| Short | SoDEX XAUT-USD | 4,373.3 | 0.0050 | get 0.0006% / 1h | 49m 09s | $10.2M | $2.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $10.5
- Price spread: +0.018% → +0.019%
- −$0.1
- Slippage, 4 orders
- −$3.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$16
- Costs to cover
- 0.264%
- Break-even
- 17.7 days
Slippage from Gate: live order book, 5 min ago; SoDEX: live order book, 5 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, 5 min ago | 0.11 bp | 9.3 bp −$9 | 12.6 bp −$126 | 20.2 bp −$2,021 | 44.6 bp −$22.3K |
| Sell SoDEX live order book, 5 min ago | 0.11 bp | 4.1 bp −$4 | 4.8 bp −$48 | 43.5 bp −$4,350 | 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 | −0.0158% | 1h | 4,370.6 | −0.045% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0064% | 4h | 4,370.3 | −0.050% | $26.0M | $15.3M | 75x | as long as short |
| Gate XAUT_USDTlong | 0.0000% | 8h | 4,372.5 | long leg | $131.8M | $8.0M | 100x | |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.519% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USDshort | +0.0050% | 1h | 4,373.3 | +0.018% | $10.2M | $2.0M | 25x | |
| Variational Omni XAUT | +0.0081% | 4h | 4,368.1 | −0.101% | $33.3M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,372.1 | −0.009% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,370.4 | −0.048% | $35.6M | $46.8M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,371.1 | −0.032% | $121.1M | $27.7M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,372 | −0.011% | $339.4M | $277.7M | 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 | 4,373.4 | +0.020% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,371.5 | −0.022% | — | $18.0M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,369.9 | −0.059% | $887 | $115K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,371.6 | −0.021% | $269 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,373.1 | +0.014% | $1.9M | $240K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,377.6 | +0.117% | $2K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,370 | −0.058% | $1.9M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,370.5 | −0.045% | $274K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,374 | +0.034% | $5.3M | $4.0M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,370.4 | −0.048% | $2.3M | $1.7M | 75x | as long as short |
Gate XAUT_USDT
SoDEX XAUT-USD
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Injective XAUT/USDC PERP
Variational Omni XAUT
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT