Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.013%
Price spread now: Orderly against SoDEX+0.033%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.033% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XAUT-USD | 4,303 | 0.0050 | pay 0.0006% / 1h | 4m 41s | $10.1M | $2.1M | 25x |
| Short | Orderly PERP_XAUT_USDC_mythos | 4,304.4 | 0.0100 | get 0.0050% / 4h | 4m 41s | $264 | $17K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against SoDEX. 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
- $10.5
- Price spread: +0.033% → 0.000%
- $3.25
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$0.25
- Costs to cover
- 0.140%
- Break-even
- 7.2 days
Slippage unknown: SoDEX: live order book, 4 min ago; Orderly: no order-book sample. 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 SoDEX live order book, 4 min ago | 0.12 bp | 4.1 bp −$4 | 4.9 bp −$49 | 49.0 bp −$4,896 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 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 | −0.0228% | 1h | 4,308.2 | +0.120% | $55K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0044% | 4h | 4,302.5 | −0.011% | $27.5M | $20.1M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,306.2 | +0.074% | $130.8M | $9.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +1.088% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USDlong | +0.0050% | 1h | 4,303 | long leg | $10.1M | $2.1M | 25x | |
| Variational Omni XAUT | +0.0080% | 4h | 4,304.1 | +0.025% | $32.7M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,304.5 | +0.034% | $4.1M | $955K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,304.2 | +0.028% | $35.6M | $47.3M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,304.7 | +0.039% | $118.6M | $31.2M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,304.6 | +0.037% | $366.5M | $289.3M | 1000x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,306.2 | +0.075% | $11.8M | $3.2M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,304.8 | +0.041% | — | $19.6M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,305.2 | +0.051% | $586 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythosshort | +0.0100% | 4h | 4,304.4 | +0.033% | $264 | $17K | 10x | |
| Derive XAUT-PERP | +0.0100% | 1h | 4,307.8 | +0.111% | $1.8M | $350K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,308.6 | +0.130% | $3K | $3.0M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,299.9 | −0.073% | $1.8M | $204K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,303.1 | +0.002% | $267K | $196K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0229% | 1h | 4,305.9 | +0.068% | $5.8M | $5.3M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,305.5 | +0.058% | $2.3M | $1.6M | 75x | as long as short |
SoDEX XAUT-USD
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT