Funding you earn now, next payment 05:00 UTC−0.0150%/8h= −16.4% APRpaid last 24h −0.025%
Price spread now: Bitget against Derive−0.030%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.030%, 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: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XAUT-PERP | 4,338.6 | 0.0100 | pay 0.0013% / 1h | 53m 14s | $1.8M | $299K | 10x |
| Short | Bitget XAUTUSDT | 4,337.3 | −0.0050 | pay 0.0025% / 4h | 3h 53m | $25.8M | $15.4M | 75x |
Derive XAUT-PERP
Bitget XAUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Derive. 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
- −$31.5
- Price spread: −0.030% → −0.038%
- $0.8
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$48.7
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.
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 Derive no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 0.01 bp | 7.0 bp −$7 | 10.1 bp −$101 | doesn't fit | doesn't fit |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0345% | 1h | 4,338.6 | +0.002% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDTshort | −0.0050% | 4h | 4,337.3 | −0.030% | $25.8M | $15.4M | 75x | |
| Variational Omni XAUT | −0.0011% | 4h | 4,338.1 | −0.011% | $33.0M | $3.5M | — | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,338.7 | +0.003% | $130.1M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.259% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,336.9 | −0.038% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDT | +0.0052% | 4h | 4,337.5 | −0.025% | $35.1M | $45.4M | 75x | as long as short |
| Extended XAUT-USD | +0.0056% | 1h | 4,336.5 | −0.047% | $272K | $215K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,337.6 | −0.021% | $4.2M | $912K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,338 | −0.013% | $120.0M | $27.9M | 75x | as long as short |
Aftermath Perps XAUTUSD
Variational Omni XAUT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
Extended XAUT-USD
Nado XAUT-PERP
Bybit XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,338.2 | −0.008% | $389.9M | $269.8M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,338.7 | +0.004% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,338 | −0.013% | — | $17.8M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,338.4 | −0.004% | $547 | $108K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,337.1 | −0.034% | $266 | $17K | 10x | as long as short |
| Derive XAUT-PERPlong | +0.0100% | 1h | 4,338.6 | long leg | $1.8M | $299K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,343.8 | +0.122% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,335.7 | −0.066% | $1.8M | $226K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,339.4 | +0.018% | $5.7M | $4.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,338.1 | −0.010% | $2.3M | $1.6M | 75x | as long as short |
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT