Funding you earn now, next payment 04:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.89 per $10,000 · paid last 24h −0.056%
Price spread now: BingX against BloFin−0.025%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Funding, last 7 days−0.387%−$39 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.025%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.029% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XAUT-USDT | 4,344.6 | 0.0218 | pay 0.0109% / 4h | 14m 34s | $2.3M | $1.6M | 75x |
| Short | BingX XAUT-USDT | 4,343.5 | 0.0040 | get 0.0020% / 4h | 14m 34s | — | $17.8M | — |
BloFin XAUT-USDT
BingX XAUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$37.41
- Price spread: −0.025% → +0.005%
- −$2.95
- Slippage, 4 orders
- −$0.74
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$63.09
- Costs to cover
- 0.227%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; BingX: live order book, 9 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 BloFin live order book, 4 min ago | 0.23 bp | 6.2 bp −$6 | 7.4 bp −$74 | 11.7 bp −$1,168 | doesn't fit |
| Sell BingX live order book, 9 min ago | 0.14 bp | 5.1 bp −$5 | 5.5 bp −$55 | 11.5 bp −$1,148 | 39.3 bp −$19.6K |
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 | −0.0326% | 1h | 4,346.3 | +0.039% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0048% | 4h | 4,344.1 | −0.011% | $25.9M | $15.3M | 75x | as long as short |
| Variational Omni XAUT | −0.0028% | 4h | 4,346.6 | +0.046% | $33.1M | $3.5M | — | as long as short |
| MEXC XAUT_USDT | −0.0020% | 4h | 4,343.6 | −0.023% | $382.6M | $277.6M | 1000x | as long as short |
| Bybit XAUTUSDT | −0.0020% | 4h | 4,343.7 | −0.020% | $120.1M | $28.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,345.5 | +0.021% | $130.4M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.120% | $8K | $149K | 30x | as long as short |
| Binance XAUTUSDT | +0.0039% | 4h | 4,344.3 | −0.007% | $35.1M | $45.4M | 75x | as long as short |
| Extended XAUT-USD | +0.0040% | 1h | 4,343.1 | −0.034% | $272K | $215K | 25x | as long as short |
| BingX XAUT-USDTshort | +0.0040% | 4h | 4,343.5 | −0.025% | — | $17.8M | — |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Variational Omni XAUT
MEXC XAUT_USDT
Bybit XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Binance XAUTUSDT
Extended XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XAUT-USD | +0.0050% | 1h | 4,342.4 | −0.051% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,344.1 | −0.011% | $4.2M | $914K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,345.5 | +0.020% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,346.9 | +0.052% | $765 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,343.5 | −0.025% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,343.8 | −0.018% | $1.8M | $298K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,349.4 | +0.110% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,341.8 | −0.065% | $1.8M | $226K | 75x | as long as short |
| BloFin XAUT-USDTlong | +0.0218% | 4h | 4,344.6 | long leg | $2.3M | $1.6M | 75x | |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,345 | +0.010% | $5.7M | $4.5M | 50x | as long as short |
SoDEX XAUT-USD
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD