Funding you earn now, next payment 03:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h −0.020%
Price spread now: Kraken Futures against SunX−0.096%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.096%, 7d avg −0.077%
=The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XAUT-USDT | 4,356.7 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $2K | $3.4M | 20x |
| Short | Kraken Futures PF_XAUTUSD | 4,352.5 | 0.0187 | get 0.0023% / 1h | 27m 28s | $5.7M | $4.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $18.33
- Price spread: −0.096% → −0.077%
- −$1.86
- Slippage, 4 orders
- −$59.71
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$61.25
- Costs to cover
- 0.777%
- Break-even
- 30.4 days
Slippage from SunX: live order book, 10 min ago; Kraken Futures: live order book, 1 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 SunX live order book, 10 min ago | 21.50 bp | 25.5 bp −$26 | 54.6 bp −$546 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 1.26 bp | 6.9 bp −$7 | 7.2 bp −$72 | 15.9 bp −$1,591 | 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 | −0.0310% | 1h | 4,349.8 | −0.157% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0034% | 4h | 4,351.3 | −0.124% | $25.9M | $15.2M | 75x | as long as short |
| Bybit XAUTUSDT | −0.0015% | 4h | 4,351.3 | −0.123% | $120.3M | $27.8M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0012% | 4h | 4,350.5 | −0.142% | $343.7M | $280.8M | 1000x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,352.6 | −0.094% | $130.4M | $8.2M | 100x | as long as short |
| Variational Omni XAUT | +0.0018% | 4h | 4,347.8 | −0.205% | $33.1M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.158% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,350.8 | −0.135% | $10.2M | $2.0M | 25x | as long as short |
| Extended XAUT-USD | +0.0072% | 1h | 4,349.4 | −0.168% | $272K | $213K | 25x | as long as short |
| Binance XAUTUSDT | +0.0075% | 4h | 4,351.7 | −0.115% | $35.2M | $45.5M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0076% | 4h | 4,351.6 | −0.117% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,350.9 | −0.132% | $4.2M | $1.0M | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,352.8 | −0.089% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,348.9 | −0.179% | $731 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,349.7 | −0.160% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,351.2 | −0.125% | $1.9M | $279K | 10x | as long as short |
| SunX XAUT-USDTlong | +0.0100% | 4h | 4,356.7 | long leg | $2K | $3.4M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,348 | −0.199% | $1.9M | $234K | 75x | as long as short |
| Kraken Futures PF_XAUTUSDshort | +0.0187% | 1h | 4,352.5 | −0.096% | $5.7M | $4.5M | 50x | |
| BloFin XAUT-USDT | +0.0225% | 4h | 4,350 | −0.153% | $2.3M | $1.6M | 75x | as long as short |
SunX XAUT-USDT
Kraken Futures PF_XAUTUSD
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
BingX XAUT-USDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
HTX XAUT-USDT
BloFin XAUT-USDT