Funding you earn now, next payment 00:00 UTC−0.0126%/8h= −13.8% APRnext payment −$0.63 per $10,000 · paid last 24h −0.017%
Price spread now: Bitget against Orderly−0.052%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.052% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XAUT_USDC_mythos | 4,342.5 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $267 | $17K | 10x |
| Short | Bitget XAUTUSDT | 4,340.3 | −0.0026 | pay 0.0013% / 4h | 3h 41m | $27.5M | $13.5M | 75x |
Orderly PERP_XAUT_USDC_mythos
Bitget XAUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Orderly. 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
- −$26.46
- Price spread: −0.052% → 0.000%
- −$5.18
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$49.64
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 7 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 7 min ago | 0.01 bp | 6.7 bp −$7 | 8.2 bp −$82 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0190% | 1h | 4,344.5 | +0.047% | $56K | $33K | 20x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0144% | 1h | 4,342.7 | +0.004% | $5.3M | $3.4M | 50x | as long as short |
| MEXC XAUT_USDT | −0.0110% | 4h | 4,341.5 | −0.023% | $369.3M | $272.3M | 1000x | as long as short |
| Bybit XAUTUSDT | −0.0100% | 4h | 4,341.3 | −0.028% | $120.5M | $27.0M | 75x | as long as short |
| Variational Omni XAUT | −0.0090% | 4h | 4,342.5 | 0.000% | $33.1M | $3.2M | — | as long as short |
| Bitget XAUTUSDTshort | −0.0026% | 4h | 4,340.3 | −0.052% | $27.5M | $13.5M | 75x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,342.9 | +0.009% | $132.4M | $9.0M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,343.8 | +0.030% | $8K | $76K | 30x | as long as short |
| BingX XAUT-USDT | +0.0046% | 4h | 4,342.3 | −0.005% | — | $17.6M | — | as long as short |
| Binance XAUTUSDT | +0.0047% | 4h | 4,342.1 | −0.010% | $35.2M | $45.0M | 75x | as long as short |
Aftermath Perps XAUTUSD
Kraken Futures PF_XAUTUSD
MEXC XAUT_USDT
Bybit XAUTUSDT
Variational Omni XAUT
Gate XAUT_USDT
Injective XAUT/USDC PERP
BingX XAUT-USDT
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAUT-USD | +0.0048% | 1h | 4,341.8 | −0.017% | $272K | $214K | 25x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,340.4 | −0.048% | $10.1M | $2.1M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,341.5 | −0.023% | $4.2M | $906K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,342.6 | +0.003% | $11.6M | $3.3M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,343.5 | +0.024% | $534 | $117K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythoslong | +0.0100% | 4h | 4,342.5 | long leg | $267 | $17K | 10x | |
| Derive XAUT-PERP | +0.0100% | 1h | 4,343.1 | +0.015% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,348.3 | +0.132% | $3K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,341.4 | −0.026% | $1.8M | $234K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0217% | 4h | 4,342.1 | −0.009% | $2.4M | $1.7M | 75x | as long as short |
Extended XAUT-USD
SoDEX XAUT-USD
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT