Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.018%
Price spread now: BingX against Injective−0.958%102s7-day average −0.129% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)+0.664%+$66 · spread now −0.958%, 7d avg −0.129%
=Funding pays, the price is against you. BingX is 0.829% cheaper against Injective than usual: you would sell low and buy high (spread −0.958% now, against its 7-day average of −0.129%). If the spread goes back, that is −$83 on $10k: about 41 days of funding at the current rate (+$2 a day). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | pay 0.0004% / 1h | 35m 42s | $8K | $149K | 30x |
| Short | BingX XAUT-USDT | 4,308.1 | 0.0100 | get 0.0050% / 4h | 3h 35m | — | $19.6M | — |
Injective XAUT/USDC PERP
BingX XAUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- $14
- Price spread: −0.958% → −0.129%
- −$82.92
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$78.94
- Costs to cover
- 0.100%
- Break-even
- 46.5 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 0.24 bp | 5.2 bp −$5 | 5.8 bp −$58 | 10.7 bp −$1,068 | 34.5 bp −$17.3K |
Injective: 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 | −0.0230% | 1h | 4,307.3 | −0.978% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0088% | 4h | 4,307.1 | −0.982% | $27.4M | $20.8M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,308.8 | −0.943% | $130.3M | $9.3M | 100x | as long as short |
| Injective XAUT/USDC PERPlong | +0.0033% | 1h | 4,349.8 | long leg | $8K | $149K | 30x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,302.7 | −1.083% | $10.1M | $2.1M | 25x | as long as short |
| Variational Omni XAUT | +0.0086% | 4h | 4,304.7 | −1.036% | $32.7M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,306.4 | −0.998% | $4.1M | $975K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,306.5 | −0.995% | $35.9M | $48.0M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,305.5 | −1.018% | $118.5M | $31.9M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,307.6 | −0.970% | $387.0M | $285.0M | 1000x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
SoDEX XAUT-USD
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,307.5 | −0.973% | $12.0M | $3.3M | 75x | as long as short |
| BingX XAUT-USDTshort | +0.0100% | 4h | 4,308.1 | −0.958% | — | $19.6M | — | |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,307.1 | −0.983% | $293 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,306 | −1.007% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,306.1 | −1.006% | $1.7M | $379K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,309.1 | −0.935% | $3K | $3.0M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,304.5 | −1.041% | $1.8M | $202K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,305.4 | −1.020% | $265K | $198K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0291% | 1h | 4,307.6 | −0.971% | $5.8M | $5.3M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,307.5 | −0.972% | $2.3M | $1.7M | 75x | as long as short |
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT