Funding you earn now, next payment 05:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.09 per $10,000 · paid last 24h +0.008%
Price spread now: Extended against Kraken Futures−0.059%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$180.185% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.059%, 7d avg −0.052%
=Together, before fees−0.057%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.052%, 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 | Kraken Futures PF_XAUTUSD | 4,341.8 | 0.0138 | pay 0.0017% / 1h | 18m 19s | $5.7M | $4.4M | 50x |
| Short | Extended XAUT-USD | 4,339.2 | 0.0064 | get 0.0008% / 1h | 18m 19s | $272K | $215K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- −$15.52
- Price spread: −0.059% → −0.052%
- −$0.74
- Slippage, 4 orders
- −$3.45
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$34.71
- Costs to cover
- 0.185%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 6 min ago; Extended: live order book, 34 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 Kraken Futures live order book, 6 min ago | 0.23 bp | 6.3 bp −$6 | 8.4 bp −$84 | 17.3 bp −$1,727 | doesn't fit |
| Sell Extended live order book, 34 min ago | 0.12 bp | 2.8 bp −$3 | 6.7 bp −$67 | doesn't fit | 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 | −0.0333% | 1h | 4,340.5 | −0.029% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0040% | 4h | 4,339.3 | −0.058% | $25.9M | $15.5M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,341.8 | 0.000% | $130.5M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.184% | $8K | $149K | 30x | as long as short |
| Variational Omni XAUT | +0.0041% | 4h | 4,340.5 | −0.030% | $33.1M | $3.5M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,338.9 | −0.067% | $10.1M | $2.0M | 25x | as long as short |
| Extended XAUT-USDshort | +0.0064% | 1h | 4,339.2 | −0.059% | $272K | $215K | 25x | |
| Binance XAUTUSDT | +0.0067% | 4h | 4,340.6 | −0.028% | $35.2M | $45.3M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,340.8 | −0.024% | $4.2M | $903K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,341 | −0.018% | $120.4M | $27.9M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,341.1 | −0.016% | $392.2M | $271.7M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,341.7 | −0.001% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,340.8 | −0.024% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,341 | −0.019% | $300 | $106K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,340.7 | −0.025% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,340.8 | −0.023% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,346 | +0.097% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,335.9 | −0.137% | $1.8M | $236K | 75x | as long as short |
| Kraken Futures PF_XAUTUSDlong | +0.0138% | 1h | 4,341.8 | long leg | $5.7M | $4.4M | 50x | |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,341.6 | −0.004% | $2.3M | $1.6M | 75x | as long as short |
Kraken Futures PF_XAUTUSD
Extended XAUT-USD
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
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
BloFin XAUT-USDT