Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Gate against KuCoin−0.020%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 7 days+0.046%+$5 · spread now −0.020%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.041% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XAUTUSDTM | 4,339.6 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $11.5M | $2.9M | 75x |
| Short | Gate XAUT_USDT | 4,338.7 | 0 | get 0.0000% / 8h | 3h 45m | $130.2M | $8.1M | 100x |
KuCoin XAUTUSDTM
Gate XAUT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- −$21
- Price spread: −0.020% → +0.021%
- −$4.08
- Slippage, 4 orders
- −$7.84
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$59.93
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 4 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 KuCoin live order book, 3 min ago | 0.01 bp | 7.4 bp −$7 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.12 bp | 9.7 bp −$10 | 12.8 bp −$128 | 21.0 bp −$2,099 | 47.8 bp −$23.9K |
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 | −0.0354% | 1h | 4,338.4 | −0.026% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0046% | 4h | 4,338.1 | −0.034% | $25.8M | $15.4M | 75x | as long as short |
| Gate XAUT_USDTshort | 0.0000% | 8h | 4,338.7 | −0.020% | $130.2M | $8.1M | 100x | |
| Variational Omni XAUT | +0.0008% | 4h | 4,338.9 | −0.015% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.236% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,337.9 | −0.038% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDT | +0.0055% | 4h | 4,337.1 | −0.057% | $35.1M | $45.2M | 75x | as long as short |
| Extended XAUT-USD | +0.0056% | 1h | 4,335.8 | −0.086% | $272K | $215K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,337.3 | −0.052% | $4.2M | $911K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,337.9 | −0.038% | $120.0M | $27.9M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Variational Omni XAUT
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 | 4,337.9 | −0.038% | $389.3M | $270.4M | 1000x | as long as short |
| KuCoin XAUTUSDTMlong | +0.0100% | 4h | 4,339.6 | long leg | $11.5M | $2.9M | 75x | |
| BingX XAUT-USDT | +0.0100% | 4h | 4,338.4 | −0.027% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,338.1 | −0.035% | $807 | $106K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,337.4 | −0.050% | $266 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,339 | −0.013% | $1.8M | $299K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,344.4 | +0.112% | $3K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,335.7 | −0.089% | $1.8M | $226K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,340.4 | +0.019% | $5.7M | $4.4M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,339.2 | −0.008% | $2.3M | $1.6M | 75x | as long as short |
MEXC XAUT_USDT
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT