Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against Bitget+0.015%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.015%−$2 · spread now +0.015%, 7d avg −0.002%
=The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUTUSDT | 4,347.6 | −0.0044 | get 0.0022% / 4h | 19m 04s | $25.9M | $15.3M | 75x |
| Short | MEXC XAUT_USDT | 4,348.2 | −0.0016 | pay 0.0008% / 4h | 19m 04s | $379.7M | $277.0M | 1000x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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
- $5.88
- Price spread: +0.015% → −0.002%
- $1.68
- Slippage, 4 orders
- −$3.34
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$11.78
- Costs to cover
- 0.193%
- Break-even
- 21.0 days
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 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 Bitget live order book, 5 min ago | 0.01 bp | 7.2 bp −$7 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.34 bp | 2.3 bp −$2 | 2.3 bp −$23 | 5.1 bp −$506 | 27.3 bp −$13.7K |
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 | −0.0337% | 1h | 4,347.9 | +0.008% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDTlong | −0.0044% | 4h | 4,347.6 | long leg | $25.9M | $15.3M | 75x | |
| Variational Omni XAUT | −0.0022% | 4h | 4,346.7 | −0.019% | $33.1M | $3.5M | — | as long as short |
| Bybit XAUTUSDT | −0.0018% | 4h | 4,348.7 | +0.025% | $120.2M | $28.1M | 75x | as long as short |
| MEXC XAUT_USDTshort | −0.0016% | 4h | 4,348.2 | +0.015% | $379.7M | $277.0M | 1000x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,349.6 | +0.047% | $130.5M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.052% | $8K | $149K | 30x | as long as short |
| Binance XAUTUSDT | +0.0039% | 4h | 4,347.7 | +0.004% | $35.2M | $45.4M | 75x | as long as short |
| Extended XAUT-USD | +0.0040% | 1h | 4,346.5 | −0.025% | $272K | $215K | 25x | as long as short |
| BingX XAUT-USDT | +0.0040% | 4h | 4,348.7 | +0.027% | — | $17.8M | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XAUT-USD | +0.0050% | 1h | 4,347.8 | +0.006% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,348.1 | +0.014% | $4.2M | $916K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,349.4 | +0.043% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,347.2 | −0.007% | $778 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,347.3 | −0.006% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,348.6 | +0.024% | $1.8M | $298K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,353.5 | +0.136% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,345.8 | −0.041% | $1.8M | $226K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,350.2 | +0.060% | $5.7M | $4.5M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0222% | 4h | 4,348.1 | +0.012% | $2.3M | $1.6M | 75x | as long as short |
Bitget XAUTUSDT
MEXC XAUT_USDT
Aftermath Perps XAUTUSD
Variational Omni XAUT
Bybit XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Binance XAUTUSDT
Extended XAUT-USD
BingX XAUT-USDT
SoDEX XAUT-USD
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT