Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.011%
Price spread now: Binance against KuCoin−0.028%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$250.255% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days+0.004%$0 · spread now −0.028%, 7d avg −0.021%
=The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAUTUSDTM | 4,342.3 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $11.5M | $2.9M | 75x |
| Short | Binance XAUTUSDT | 4,341 | 0.0068 | get 0.0034% / 4h | 3h 17m | $35.2M | $45.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$6.67
- Price spread: −0.028% → −0.021%
- −$0.72
- Slippage, 4 orders
- −$3.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$32.85
- Costs to cover
- 0.255%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 10 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 KuCoin live order book, 1 min ago | 0.01 bp | 8.3 bp −$8 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.01 bp | 5.8 bp −$6 | 8.4 bp −$84 | 15.8 bp −$1,578 | 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 | −0.0331% | 1h | 4,340.5 | −0.040% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0040% | 4h | 4,340.7 | −0.035% | $25.9M | $15.5M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,342.5 | +0.006% | $130.5M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.174% | $8K | $149K | 30x | as long as short |
| Variational Omni XAUT | +0.0041% | 4h | 4,340.5 | −0.041% | $33.1M | $3.5M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,338.9 | −0.077% | $10.1M | $2.0M | 25x | as long as short |
| Extended XAUT-USD | +0.0064% | 1h | 4,339.8 | −0.056% | $272K | $215K | 25x | as long as short |
| Binance XAUTUSDTshort | +0.0068% | 4h | 4,341 | −0.028% | $35.2M | $45.3M | 75x | |
| Nado XAUT-PERP | +0.0100% | 1h | 4,340.9 | −0.030% | $4.2M | $909K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,341.4 | −0.020% | $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 | −0.027% | $392.4M | $271.7M | 1000x | as long as short |
| KuCoin XAUTUSDTMlong | +0.0100% | 4h | 4,342.3 | long leg | $11.5M | $2.9M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,341.1 | −0.027% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,341 | −0.029% | $300 | $106K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,340.7 | −0.036% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,340.8 | −0.034% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,346 | +0.086% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,335.9 | −0.147% | $1.8M | $236K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,341.8 | −0.011% | $5.7M | $4.4M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,341.6 | −0.015% | $2.3M | $1.6M | 75x | as long as short |
KuCoin XAUTUSDTM
Binance XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
Extended XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT