Funding you earn now, next payment 05:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.013%
Price spread now: Extended against MEXC−0.048%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$100.104% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.048%, 7d avg −0.020%
=Together, before fees+0.085%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.028% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAUT_USDT | 4,339.5 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $389.5M | $270.4M | 1000x |
| Short | Extended XAUT-USD | 4,337.4 | 0.0056 | get 0.0007% / 1h | 45m 00s | $272K | $215K | 25x |
MEXC XAUT_USDT
Extended XAUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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
- −$9.24
- Price spread: −0.048% → −0.020%
- −$2.75
- Slippage, 4 orders
- −$1.36
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$22.35
- Costs to cover
- 0.104%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Extended: live order book, 7 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 MEXC live order book, 4 min ago | 0.35 bp | 2.3 bp −$2 | 2.4 bp −$24 | 4.8 bp −$482 | 17.9 bp −$8,970 |
| Sell Extended live order book, 7 min ago | 0.12 bp | 2.8 bp −$3 | 6.7 bp −$67 | doesn't fit | doesn't fit |
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 | −0.024% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0046% | 4h | 4,339.6 | +0.002% | $25.8M | $15.4M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,339.9 | +0.009% | $130.2M | $8.1M | 100x | as long as short |
| Variational Omni XAUT | +0.0008% | 4h | 4,338.9 | −0.014% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.237% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,337.9 | −0.037% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDT | +0.0055% | 4h | 4,338.7 | −0.019% | $35.1M | $45.2M | 75x | as long as short |
| Extended XAUT-USDshort | +0.0056% | 1h | 4,337.4 | −0.048% | $272K | $215K | 25x | |
| Nado XAUT-PERP | +0.0100% | 1h | 4,337.3 | −0.051% | $4.2M | $911K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,339 | −0.013% | $120.1M | $27.9M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
Nado XAUT-PERP
Bybit XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDTlong | +0.0100% | 4h | 4,339.5 | long leg | $389.5M | $270.4M | 1000x | |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,340.4 | +0.021% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,338.4 | −0.026% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,338.1 | −0.033% | $807 | $106K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,337.4 | −0.048% | $266 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,339 | −0.011% | $1.8M | $299K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,344.4 | +0.113% | $3K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,338.6 | −0.022% | $1.8M | $227K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,340.4 | +0.020% | $5.7M | $4.4M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,338.7 | −0.018% | $2.3M | $1.6M | 75x | as long as short |
KuCoin XAUTUSDTM
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