Funding you earn now, next payment 00:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.75 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against MEXC+0.014%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now +0.014%, 7d avg +0.002%
=The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAUT_USDT | 4,367.3 | 0.0046 | pay 0.0023% / 4h | 18m 32s | $342.6M | $280.9M | 1000x |
| Short | Bitget XAUTUSDT | 4,367.9 | −0.0104 | pay 0.0052% / 4h | 18m 32s | $26.2M | $15.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$31.5
- Price spread: +0.014% → +0.002%
- $1.2
- Slippage, 4 orders
- −$3.3
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$49.6
- Costs to cover
- 0.193%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; Bitget: 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 MEXC live order book, 6 min ago | 0.34 bp | 2.3 bp −$2 | 2.4 bp −$24 | 5.0 bp −$495 | 25.1 bp −$12.5K |
| Sell Bitget live order book, 5 min ago | 0.01 bp | 7.1 bp −$7 | 9.7 bp −$97 | 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 | −0.0158% | 1h | 4,361.9 | −0.123% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDTshort | −0.0104% | 4h | 4,367.9 | +0.014% | $26.2M | $15.1M | 75x | |
| Injective XAUT/USDC PERP | −0.0055% | 1h | 4,349.8 | −0.401% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,369.1 | +0.041% | $131.9M | $8.0M | 100x | as long as short |
| MEXC XAUT_USDTlong | +0.0046% | 4h | 4,367.3 | long leg | $342.6M | $280.9M | 1000x | |
| Bybit XAUTUSDT | +0.0047% | 4h | 4,367.4 | +0.002% | $121.0M | $27.4M | 75x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,367.6 | +0.007% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0058% | 4h | 4,360.9 | −0.147% | $33.3M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,365.3 | −0.046% | $4.2M | $994K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,368.5 | +0.027% | $35.6M | $46.4M | 75x | 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 | 4,370.2 | +0.065% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,367.5 | +0.003% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,359.8 | −0.171% | $719 | $114K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,365.4 | −0.044% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,367.4 | +0.002% | $1.9M | $209K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,372.9 | +0.129% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,359.8 | −0.173% | $1.9M | $232K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,367.4 | +0.003% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0105% | 1h | 4,368.2 | +0.020% | $5.3M | $3.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0171% | 4h | 4,365 | −0.053% | $2.3M | $1.7M | 75x | as long as short |
MEXC XAUT_USDT
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
Bybit XAUTUSDT
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
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