Funding you earn now, next payment 04:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against MEXC+0.038%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$210.207% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.038%, 7d avg +0.024%
=The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$3 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 | 4,355.5 | 0.0014 | pay 0.0007% / 4h | 2h 33m | $331.1M | $283.0M | 1000x |
| Short | KuCoin XAUTUSDTM | 4,357.2 | 0.0100 | get 0.0050% / 4h | 2h 33m | $11.4M | $2.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $18.06
- Price spread: +0.038% → +0.024%
- $1.39
- Slippage, 4 orders
- −$4.72
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1.27
- Costs to cover
- 0.207%
- Break-even
- 7.5 days
Slippage from MEXC: live order book, 5 min ago; KuCoin: 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 MEXC live order book, 5 min ago | 0.34 bp | 2.3 bp −$2 | 2.3 bp −$23 | 4.3 bp −$427 | 25.9 bp −$13.0K |
| Sell KuCoin live order book, 10 min ago | 0.01 bp | 8.6 bp −$9 | 14.8 bp −$148 | doesn't fit | doesn't fit |
XAUT on 19 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 | −0.0282% | 1h | 4,353.4 | −0.049% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0040% | 4h | 4,354.3 | −0.027% | $25.8M | $15.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,357.5 | +0.046% | $130.6M | $8.2M | 100x | as long as short |
| Bybit XAUTUSDT | +0.0008% | 4h | 4,354.5 | −0.022% | $120.7M | $27.8M | 75x | as long as short |
| MEXC XAUT_USDTlong | +0.0014% | 4h | 4,355.5 | long leg | $331.1M | $283.0M | 1000x | |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.131% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,357.8 | +0.053% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0060% | 4h | 4,350.7 | −0.111% | $33.0M | $3.5M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,354.1 | −0.033% | $4.2M | $993K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,355.4 | −0.003% | $35.3M | $46.8M | 75x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTMshort | +0.0100% | 4h | 4,357.2 | +0.038% | $11.4M | $2.9M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,354.8 | −0.017% | — | $17.8M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,351.4 | −0.095% | $666 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,355 | −0.011% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,356.8 | +0.030% | $1.9M | $266K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,360.9 | +0.124% | $3K | $3.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,353.7 | −0.041% | $1.9M | $242K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,355.3 | −0.004% | $272K | $213K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0300% | 1h | 4,357.8 | +0.053% | $5.3M | $4.1M | 50x | as long as short |
MEXC XAUT_USDT
KuCoin XAUTUSDTM
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Bybit XAUTUSDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD