Funding you earn now, next payment 04:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h +0.022%
Price spread now: SunX against Bitget+0.153%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$780.784% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now +0.153%, 7d avg +0.110%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and SunX is 0.043% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUTUSDT | 4,346.1 | −0.0036 | get 0.0018% / 4h | 1h 09m | $25.9M | $15.2M | 75x |
| Short | SunX XAUT-USDT | 4,352.8 | 0.0100 | get 0.0050% / 4h | 1h 09m | $2K | $3.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $28.56
- Price spread: +0.153% → +0.110%
- $4.29
- Slippage, 4 orders
- −$58.44
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$45.58
- Costs to cover
- 0.784%
- Break-even
- 18.2 days
Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 8 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, 4 min ago | 0.01 bp | 6.9 bp −$7 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 21.51 bp | 38.4 bp −$38 | 68.0 bp −$680 | doesn't fit | 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 | −0.0335% | 1h | 4,347 | +0.022% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDTlong | −0.0036% | 4h | 4,346.1 | long leg | $25.9M | $15.2M | 75x | |
| Bybit XAUTUSDT | −0.0014% | 4h | 4,346.4 | +0.008% | $120.2M | $28.0M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0012% | 4h | 4,346.1 | 0.000% | $351.8M | $283.1M | 1000x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,348.1 | +0.046% | $130.3M | $8.3M | 100x | as long as short |
| Variational Omni XAUT | +0.0007% | 4h | 4,343.2 | −0.067% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.085% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,346.3 | +0.005% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDT | +0.0062% | 4h | 4,346.6 | +0.011% | $35.1M | $45.7M | 75x | as long as short |
| Extended XAUT-USD | +0.0064% | 1h | 4,345.5 | −0.015% | $272K | $213K | 25x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0066% | 4h | 4,346.6 | +0.012% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,346.3 | +0.003% | $4.2M | $1.0M | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,348.1 | +0.045% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,346.1 | −0.001% | $604 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,346.1 | 0.000% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,347.7 | +0.037% | $1.8M | $284K | 10x | as long as short |
| SunX XAUT-USDTshort | +0.0100% | 4h | 4,352.8 | +0.153% | $2K | $3.4M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,343.1 | −0.069% | $1.8M | $233K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0187% | 1h | 4,348.7 | +0.060% | $5.7M | $4.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0226% | 4h | 4,346.2 | +0.002% | $2.3M | $1.6M | 75x | as long as short |
Bitget XAUTUSDT
SunX XAUT-USDT
Aftermath Perps XAUTUSD
Bybit XAUTUSDT
MEXC XAUT_USDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
Extended XAUT-USD
BingX XAUT-USDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT