Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.009%
Price spread now: Orderly against Binance−0.024%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAUTUSDT | 4,325.2 | 0.0097 | pay 0.0048% / 4h | 2h 28m | $35.2M | $46.2M | 75x |
| Short | Orderly PERP_XAUT_USDC_mythos | 4,324.2 | 0.0100 | get 0.0050% / 4h | 2h 28m | $266 | $17K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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
- $0.64
- Price spread: −0.024% → 0.000%
- −$2.36
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$17.72
- Costs to cover
- 0.160%
- Break-even
- 200.0 days
Slippage unknown: Binance: live order book, 14 min ago; Orderly: 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 Binance live order book, 14 min ago | 0.01 bp | 5.0 bp −$5 | 5.7 bp −$57 | 21.6 bp −$2,165 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | −0.0316% | 1h | 4,332 | +0.156% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0036% | 4h | 4,325 | −0.006% | $25.7M | $16.5M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,327 | +0.041% | $130.0M | $8.3M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.568% | $8K | $149K | 30x | as long as short |
| Variational Omni XAUT | +0.0044% | 4h | 4,329.8 | +0.105% | $33.0M | $3.4M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,324.5 | −0.017% | $10.1M | $2.0M | 25x | as long as short |
| MEXC XAUT_USDT | +0.0074% | 4h | 4,325.4 | +0.004% | $382.2M | $275.2M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0075% | 4h | 4,324.8 | −0.009% | $119.1M | $28.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0092% | 4h | 4,325 | −0.005% | — | $17.9M | — | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,323 | −0.052% | $268K | $214K | 25x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XAUTUSDTlong | +0.0097% | 4h | 4,325.2 | long leg | $35.2M | $46.2M | 75x | |
| Nado XAUT-PERP | +0.0100% | 1h | 4,325.8 | +0.013% | $4.2M | $899K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,326.4 | +0.028% | $11.7M | $3.0M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,333 | +0.179% | $416 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythosshort | +0.0100% | 4h | 4,324.2 | −0.024% | $266 | $17K | 10x | |
| Derive XAUT-PERP | +0.0100% | 1h | 4,325 | −0.004% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,329.5 | +0.098% | $3K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,323.2 | −0.046% | $1.8M | $238K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0168% | 1h | 4,326.4 | +0.027% | $5.6M | $4.7M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0300% | 4h | 4,328.3 | +0.071% | $2.3M | $1.6M | 75x | as long as short |
Binance XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
MEXC XAUT_USDT
Bybit XAUTUSDT
BingX XAUT-USDT
Extended XAUT-USD
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT