Funding you earn now, next payment 04:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h −0.022%
Price spread now: Bitget against KuCoin−0.051%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.051%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAUTUSDTM | 4,346.2 | 0.0100 | pay 0.0050% / 4h | 39m 22s | $11.5M | $2.9M | 75x |
| Short | Bitget XAUTUSDT | 4,344 | −0.0044 | pay 0.0022% / 4h | 39m 22s | $26.0M | $15.2M | 75x |
KuCoin XAUTUSDTM
Bitget XAUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$30.24
- Price spread: −0.051% → −0.023%
- −$2.77
- Slippage, 4 orders
- −$4.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.98
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago | 0.01 bp | 6.2 bp −$6 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.01 bp | 7.2 bp −$7 | 10.7 bp −$107 | 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 | −0.0331% | 1h | 4,344.7 | −0.035% | $56K | $29K | 20x | as long as short |
| MEXC XAUT_USDT | −0.0046% | 4h | 4,344.5 | −0.040% | $355.2M | $273.2M | 1000x | as long as short |
| Bybit XAUTUSDT | −0.0045% | 4h | 4,344.5 | −0.039% | $120.0M | $28.0M | 75x | as long as short |
| Bitget XAUTUSDTshort | −0.0044% | 4h | 4,344 | −0.051% | $26.0M | $15.2M | 75x | |
| Variational Omni XAUT | −0.0033% | 4h | 4,344.7 | −0.034% | $33.1M | $3.5M | — | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,345.9 | −0.007% | $130.6M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.082% | $8K | $149K | 30x | as long as short |
| Binance XAUTUSDT | +0.0043% | 4h | 4,344.6 | −0.037% | $35.1M | $45.5M | 75x | as long as short |
| BingX XAUT-USDT | +0.0046% | 4h | 4,344.8 | −0.034% | — | $17.8M | — | as long as short |
| Extended XAUT-USD | +0.0048% | 1h | 4,343.5 | −0.063% | $272K | $213K | 25x | as long as short |
Aftermath Perps XAUTUSD
MEXC XAUT_USDT
Bybit XAUTUSDT
Variational Omni XAUT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Binance XAUTUSDT
BingX XAUT-USDT
Extended XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.9 | −0.053% | $10.1M | $2.0M | 25x | as long as short |
| BloFin XAUT-USDT | +0.0098% | 4h | 4,345.5 | −0.017% | $2.3M | $1.6M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,344.6 | −0.037% | $4.2M | $983K | 10x | as long as short |
| KuCoin XAUTUSDTMlong | +0.0100% | 4h | 4,346.2 | long leg | $11.5M | $2.9M | 75x | |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,344.9 | −0.031% | $982 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,343.9 | −0.053% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,345.2 | −0.024% | $1.8M | $295K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,349.9 | +0.085% | $3K | $3.4M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,341.2 | −0.116% | $1.8M | $229K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,346.4 | +0.005% | $5.7M | $4.5M | 50x | as long as short |
SoDEX XAUT-USD
BloFin XAUT-USDT
Nado XAUT-PERP
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD