Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.008%
Price spread now: MEXC against Injective+0.161%7-day average −0.119% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 3 days (all we have)−0.396%−$40 · spread now +0.161%, 7d avg −0.119%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.280% dearer against Injective than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.119%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | pay 0.0004% / 1h | 2m 55s | $8K | $149K | 30x |
| Short | MEXC XAUT_USDT | 4,356.8 | 0.0100 | get 0.0050% / 4h | 3h 02m | $336.0M | $284.8M | 1000x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- $14
- Price spread: +0.161% → −0.119%
- $27.96
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $37.94
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 0.34 bp | 2.3 bp −$2 | 2.4 bp −$24 | 5.2 bp −$517 | 25.6 bp −$12.8K |
Injective: 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 | −0.0269% | 1h | 4,356.5 | +0.154% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0048% | 4h | 4,356.7 | +0.158% | $25.9M | $15.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,359.1 | +0.214% | $131.1M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERPlong | +0.0033% | 1h | 4,349.8 | long leg | $8K | $149K | 30x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,358.2 | +0.193% | $10.2M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,356.6 | +0.157% | $4.2M | $981K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,357.5 | +0.178% | $35.5M | $46.6M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,356.9 | +0.163% | $120.9M | $27.7M | 75x | as long as short |
| MEXC XAUT_USDTshort | +0.0100% | 4h | 4,356.8 | +0.161% | $336.0M | $284.8M | 1000x | |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,359.4 | +0.220% | $11.4M | $2.9M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0100% | 4h | 4,357.3 | +0.172% | — | $17.9M | — | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,356 | +0.144% | $33.1M | $3.5M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,356.9 | +0.163% | $810 | $114K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,357.2 | +0.170% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,358.6 | +0.203% | $1.9M | $221K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,363.2 | +0.307% | $2K | $3.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,354.3 | +0.103% | $1.8M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,356.5 | +0.155% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,359.1 | +0.214% | $5.3M | $4.0M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,356.6 | +0.156% | $2.3M | $1.6M | 75x | as long as short |
Injective XAUT/USDC PERP
MEXC XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
SoDEX XAUT-USD
Binance XAUTUSDT
Bybit XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
Variational Omni XAUT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT