Funding you earn now, next payment 04:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.015%
Price spread now: MEXC against SunX−0.119%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.688% of the position
Funding, last 7 days−0.115%−$12 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now −0.119%, 7d avg −0.108%
=The price spread sits at its 7-day average of −0.108%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XAUT-USDT | 4,357.7 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $2K | $3.6M | 20x |
| Short | MEXC XAUT_USDT | 4,352.5 | 0.0028 | get 0.0014% / 4h | 2h 15m | $336.7M | $286.9M | 1000x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$15.12
- Price spread: −0.119% → −0.108%
- −$1.05
- Slippage, 4 orders
- −$56.81
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$84.98
- Costs to cover
- 0.688%
- Break-even
- never at this rate
Slippage from SunX: live order book, 2 min ago; MEXC: 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 SunX live order book, 2 min ago | 21.50 bp | 25.5 bp −$26 | 54.6 bp −$546 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.46 bp | 2.5 bp −$2 | 2.9 bp −$29 | 6.3 bp −$630 | 26.6 bp −$13.3K |
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 | −0.0289% | 1h | 4,353.9 | −0.085% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,352.3 | −0.123% | $25.9M | $15.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,354.6 | −0.070% | $130.5M | $8.3M | 100x | as long as short |
| MEXC XAUT_USDTshort | +0.0028% | 4h | 4,352.5 | −0.119% | $336.7M | $286.9M | 1000x | |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.181% | $8K | $149K | 30x | as long as short |
| Bybit XAUTUSDT | +0.0035% | 4h | 4,352 | −0.130% | $120.6M | $27.6M | 75x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,352.2 | −0.126% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0060% | 4h | 4,350.7 | −0.159% | $33.1M | $3.5M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,352.3 | −0.123% | $4.2M | $994K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,353.1 | −0.105% | $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 XAUTUSDTM | +0.0100% | 4h | 4,354.3 | −0.078% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,353.5 | −0.095% | — | $17.8M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,354.2 | −0.079% | $1K | $110K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,352.9 | −0.109% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,352.9 | −0.109% | $1.9M | $267K | 10x | as long as short |
| SunX XAUT-USDTlong | +0.0100% | 4h | 4,357.7 | long leg | $2K | $3.6M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,352.2 | −0.127% | $1.9M | $243K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,351.9 | −0.132% | $272K | $213K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0301% | 1h | 4,353.3 | −0.100% | $5.3M | $4.1M | 50x | as long as short |
SunX XAUT-USDT
MEXC XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Bybit XAUTUSDT
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD