Funding you earn now, next payment 09:00 UTC+0.0309%/8h= +33.8% APRnext payment +$0.39 per $10,000 · paid last 24h +0.098%
Price spread now: Derive against Aftermath Perps+0.064%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and Derive is 0.064% dearer against Aftermath Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps XAUTUSD | 4,310.4 | −0.0209 | get 0.0026% / 1h | 47m 56s | $55K | $11K | 20x |
| Short | Derive XAUT-PERP | 4,313.1 | 0.0100 | get 0.0013% / 1h | 47m 56s | $1.7M | $350K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Aftermath Perps. 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
- $64.84
- Price spread: +0.064% → 0.000%
- $6.41
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $56.26
- Costs to cover
- 0.150%
- Break-even
- 0.9 days
Slippage unknown: Aftermath Perps: no order-book sample; Derive: no order-book sample. 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Aftermath Perps and Derive: 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 XAUTUSDlong | −0.0209% | 1h | 4,310.4 | long leg | $55K | $11K | 20x | |
| Bitget XAUTUSDT | −0.0074% | 4h | 4,310.8 | +0.009% | $27.4M | $20.7M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,313.9 | +0.082% | $130.4M | $9.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.915% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,309.7 | −0.015% | $10.1M | $2.1M | 25x | as long as short |
| Variational Omni XAUT | +0.0082% | 4h | 4,311.2 | +0.020% | $32.7M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,312.3 | +0.044% | $4.1M | $963K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,311.3 | +0.023% | $35.8M | $47.7M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,312.1 | +0.040% | $118.7M | $31.8M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,312.1 | +0.040% | $379.5M | $282.6M | 1000x | 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 | 4,314.3 | +0.091% | $12.0M | $3.3M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,312 | +0.037% | — | $19.6M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,308.2 | −0.050% | $741 | $108K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,312.7 | +0.054% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERPshort | +0.0100% | 1h | 4,313.1 | +0.064% | $1.7M | $350K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,315.7 | +0.124% | $3K | $3.0M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,311.6 | +0.028% | $1.8M | $205K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,310.2 | −0.005% | $265K | $198K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0290% | 1h | 4,313.1 | +0.063% | $5.8M | $5.4M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,313.1 | +0.064% | $2.3M | $1.7M | 75x | as long as short |
Aftermath Perps XAUTUSD
Derive XAUT-PERP
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT