XAUT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h −0.006%

Price spread now: MEXC against Kraken Futures−0.024%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$180.180% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.024%, 7d avg −0.031%

Together, before fees−0.075%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, 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	Kraken Futures PF_XAUTUSD	4,340.6	0.0138	pay 0.0017% / 1h	44m 07s	$5.7M	$4.4M	50x
Short	MEXC XAUT_USDT	4,339.5	0.0100	get 0.0050% / 4h	3h 44m	$389.9M	$270.5M	1000x

Funding history

latest

Range statsloading…

MEXC against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee Kraken FuturesbpFee MEXCbpOrdersPrice spread, now −0.024%Rate

Slippage from Kraken Futures: live order book, 5 min ago; MEXC: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 5 min ago	0.58 bp	5.8 bp −$6	7.1 bp −$71	17.1 bp −$1,708	doesn't fit
Sell MEXC live order book, 5 min ago	0.35 bp	2.3 bp −$2	2.4 bp −$24	6.2 bp −$620	26.1 bp −$13.0K

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	−0.0359%	1h	4,338.3	−0.051%	$56K	$29K	20x	as long as short
Bitget XAUTUSDT	−0.0044%	4h	4,338.8	−0.040%	$25.8M	$15.4M	75x	as long as short
Gate XAUT_USDT	0.0000%	8h	4,340.4	−0.004%	$130.2M	$8.1M	100x	as long as short
Variational Omni XAUT	+0.0008%	4h	4,338.9	−0.038%	$33.0M	$3.5M	—	as long as short
Injective XAUT/USDC PERP	+0.0033%	1h	4,349.8	+0.213%	$8K	$149K	30x	as long as short
SoDEX XAUT-USD	+0.0050%	1h	4,338.2	−0.054%	$10.1M	$2.0M	25x	as long as short
Binance XAUTUSDT	+0.0055%	4h	4,338.2	−0.055%	$35.1M	$45.2M	75x	as long as short
Extended XAUT-USD	+0.0056%	1h	4,337.6	−0.069%	$272K	$215K	25x	as long as short
Nado XAUT-PERP	+0.0100%	1h	4,339.4	−0.027%	$4.2M	$911K	10x	as long as short
Bybit XAUTUSDT	+0.0100%	4h	4,339.3	−0.029%	$120.1M	$27.9M	75x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XAUT_USDTshort	+0.0100%	4h	4,339.5	−0.024%	$389.9M	$270.5M	1000x
KuCoin XAUTUSDTM	+0.0100%	4h	4,340.6	+0.002%	$11.5M	$2.9M	75x	as long as short
BingX XAUT-USDT	+0.0100%	4h	4,339.3	−0.029%	—	$17.7M	—	as long as short
GRVT XAUT_USDT_Perp	+0.0100%	4h	4,338.1	−0.058%	$807	$106K	10x	as long as short
Orderly PERP_XAUT_USDC_mythos	+0.0100%	4h	4,338.8	−0.041%	$267	$17K	10x	as long as short
Derive XAUT-PERP	+0.0100%	1h	4,339.2	−0.031%	$1.8M	$299K	10x	as long as short
SunX XAUT-USDT	+0.0100%	4h	4,345.8	+0.120%	$3K	$3.3M	20x	as long as short
HTX XAUT-USDT	+0.0100%	4h	4,338.6	−0.046%	$1.8M	$227K	75x	as long as short
Kraken Futures PF_XAUTUSDlong	+0.0138%	1h	4,340.6	long leg	$5.7M	$4.4M	50x
BloFin XAUT-USDT	+0.0340%	4h	4,338.7	−0.043%	$2.3M	$1.6M	75x	as long as short