Funding you earn now, next payment 23:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.007%
Price spread now: SoDEX against Binance+0.016%55s7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$190.186% of the position
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)+0.114%+$11 · spread now +0.016%, 7d avg +0.053%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.037% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.053%). Swap the legs. The two prices were read 55 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 | Binance XAUTUSDT | 4,349.2 | 0.0094 | pay 0.0047% / 4h | 1h 45m | $35.4M | $45.4M | 75x |
| Short | SoDEX XAUT-USD | 4,349.9 | 0.0050 | get 0.0006% / 1h | 45m 19s | $10.2M | $2.0M | 25x |
Binance XAUTUSDT
SoDEX XAUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$9.16
- Price spread: +0.016% → +0.053%
- −$3.72
- Slippage, 4 orders
- −$0.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$31.45
- Costs to cover
- 0.186%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; SoDEX: 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 Binance live order book, 12 min ago | 0.01 bp | 5.3 bp −$5 | 8.5 bp −$85 | 21.8 bp −$2,184 | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.12 bp | 4.1 bp −$4 | 4.9 bp −$49 | 42.4 bp −$4,242 | 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 | −0.0230% | 1h | 4,348.5 | −0.016% | $56K | $33K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0226% | 4h | 4,348.4 | −0.018% | $26.2M | $14.7M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0105% | 1h | 4,350.9 | +0.039% | $5.3M | $3.5M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0039% | 1h | 4,339.7 | −0.219% | $8K | $119K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,350 | +0.018% | $132.0M | $7.9M | 100x | as long as short |
| SoDEX XAUT-USDshort | +0.0050% | 1h | 4,349.9 | +0.016% | $10.2M | $2.0M | 25x | |
| Variational Omni XAUT | +0.0077% | 4h | 4,347.2 | −0.046% | $33.2M | $3.3M | — | as long as short |
| Binance XAUTUSDTlong | +0.0094% | 4h | 4,349.2 | long leg | $35.4M | $45.4M | 75x | |
| Bybit XAUTUSDT | +0.0095% | 4h | 4,348 | −0.027% | $120.5M | $26.9M | 75x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,348.4 | −0.020% | $272K | $217K | 25x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
Variational Omni XAUT
Bybit XAUTUSDT
Extended XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0096% | 4h | 4,348.1 | −0.026% | $341.5M | $280.4M | 1000x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,348.4 | −0.019% | $4.2M | $977K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,350.5 | +0.030% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,348.6 | −0.014% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,348.3 | −0.021% | $622 | $114K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,348.2 | −0.023% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,349.6 | +0.009% | $1.8M | $175K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,354.2 | +0.115% | $2K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,346.3 | −0.067% | $1.8M | $230K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,348 | −0.028% | $2.4M | $1.7M | 75x | as long as short |
MEXC XAUT_USDT
Nado XAUT-PERP
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT