Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.024%
Price spread now: Gate against BingX+0.047%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days−0.172%−$17 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now +0.047%, 7d avg +0.038%
=The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XAUT-USDT | 4,356.5 | 0.0100 | pay 0.0050% / 4h | 3h 07m | — | $17.9M | — |
| Short | Gate XAUT_USDT | 4,358.6 | 0 | get 0.0000% / 8h | 7h 07m | $131.2M | $8.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$21
- Price spread: +0.047% → +0.038%
- $0.9
- Slippage, 4 orders
- −$3.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$48.54
- Costs to cover
- 0.284%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; Gate: 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 BingX live order book, 16 min ago | 0.13 bp | 5.3 bp −$5 | 5.6 bp −$56 | 9.2 bp −$920 | 42.9 bp −$21.5K |
| Sell Gate live order book, 1 min ago | 0.12 bp | 9.2 bp −$9 | 12.1 bp −$121 | 21.5 bp −$2,150 | 51.1 bp −$25.6K |
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 | −0.0262% | 1h | 4,355.6 | −0.022% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0050% | 4h | 4,355.7 | −0.019% | $25.9M | $15.2M | 75x | as long as short |
| Gate XAUT_USDTshort | 0.0000% | 8h | 4,358.6 | +0.047% | $131.2M | $8.2M | 100x | |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.155% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,359.1 | +0.059% | $10.2M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,356 | −0.011% | $4.2M | $983K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,356.5 | −0.001% | $35.5M | $46.7M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,356.6 | +0.002% | $120.9M | $27.8M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,356.5 | −0.001% | $335.9M | $284.8M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,359 | +0.056% | $11.4M | $2.9M | 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-USDTlong | +0.0100% | 4h | 4,356.5 | long leg | — | $17.9M | — | |
| Variational Omni XAUT | +0.0100% | 4h | 4,352.4 | −0.094% | $33.1M | $3.5M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,356 | −0.013% | $366 | $114K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,357.8 | +0.029% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,358.7 | +0.048% | $1.9M | $221K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,363.7 | +0.164% | $3K | $3.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,354.3 | −0.052% | $1.8M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,355.6 | −0.022% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,360.2 | +0.084% | $5.3M | $4.0M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,354.7 | −0.042% | $2.3M | $1.6M | 75x | as long as short |
BingX XAUT-USDT
Gate XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
Variational Omni XAUT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT