Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.019%
Price spread now: MEXC against Orderly+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. MEXC is 0.023% dearer against Orderly than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XAUT_USDC_mythos | 4,319.1 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $265 | $17K | 10x |
| Short | MEXC XAUT_USDT | 4,320.1 | 0.0038 | get 0.0019% / 4h | 1h 20m | $361.4M | $281.2M | 1000x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Orderly. 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
- −$13.02
- Price spread: +0.023% → 0.000%
- $2.32
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$20.7
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 4 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 Orderly no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 4 min ago | 0.35 bp | 2.3 bp −$2 | 2.3 bp −$23 | 4.6 bp −$465 | 24.6 bp −$12.3K |
Orderly: 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 19 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 | −0.0235% | 1h | 4,319.6 | +0.011% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0028% | 4h | 4,319.9 | +0.018% | $25.5M | $17.0M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,322 | +0.067% | $130.5M | $8.7M | 100x | as long as short |
| Variational Omni XAUT | +0.0029% | 4h | 4,318.9 | −0.005% | $32.9M | $3.3M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.711% | $8K | $149K | 30x | as long as short |
| MEXC XAUT_USDTshort | +0.0038% | 4h | 4,320.1 | +0.023% | $361.4M | $281.2M | 1000x | |
| Bybit XAUTUSDT | +0.0039% | 4h | 4,320.2 | +0.025% | $119.2M | $30.8M | 75x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,319.2 | +0.002% | $10.1M | $2.1M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,319.7 | +0.014% | $4.2M | $938K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,320.3 | +0.028% | $35.4M | $47.4M | 75x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,322 | +0.068% | $11.6M | $3.1M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,320.4 | +0.029% | — | $18.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,319.3 | +0.003% | $631 | $112K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythoslong | +0.0100% | 4h | 4,319.1 | long leg | $265 | $17K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,324.9 | +0.133% | $3K | $3.2M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,317.9 | −0.029% | $1.8M | $251K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,319.2 | +0.003% | $267K | $214K | 25x | as long as short |
| BloFin XAUT-USDT | +0.0158% | 4h | 4,320 | +0.021% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0230% | 1h | 4,321.7 | +0.059% | $5.7M | $4.9M | 50x | as long as short |
MEXC XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
Bybit XAUTUSDT
SoDEX XAUT-USD
Binance XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD