Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −1.9% APRpaid last 24h −0.017%
Price spread now: Injective against Binance+0.156%77s7-day average +0.106% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now +0.156%, 7d avg +0.106%
=The price spread pays, funding is against you. Injective is 0.050% dearer against Binance than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of +0.106%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.5 days. At the pace of the last 7 days (−0.077% in total) that is about 4.5 days. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAUTUSDT | 4,343 | 0.0051 | pay 0.0025% / 4h | 52m 04s | $35.1M | $45.7M | 75x |
| Short | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | get 0.0004% / 1h | 52m 04s | $8K | $149K | 30x |
Binance XAUTUSDT
Injective XAUT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$3.68
- Price spread: +0.156% → +0.106%
- $4.99
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$8.71
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 min ago; Injective: 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 Binance live order book, 5 min ago | 0.01 bp | 5.0 bp −$5 | 6.6 bp −$66 | 19.0 bp −$1,905 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0325% | 1h | 4,344 | +0.023% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0040% | 4h | 4,342.7 | −0.008% | $26.0M | $15.2M | 75x | as long as short |
| Bybit XAUTUSDT | −0.0036% | 4h | 4,342.7 | −0.007% | $119.9M | $28.0M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0032% | 4h | 4,342.6 | −0.010% | $353.4M | $271.8M | 1000x | as long as short |
| Variational Omni XAUT | −0.0009% | 4h | 4,342.3 | −0.016% | $33.1M | $3.5M | — | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,344.9 | +0.043% | $130.1M | $8.0M | 100x | as long as short |
| Injective XAUT/USDC PERPshort | +0.0033% | 1h | 4,349.8 | +0.156% | $8K | $149K | 30x | |
| Extended XAUT-USD | +0.0048% | 1h | 4,341.8 | −0.028% | $272K | $213K | 25x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,342.4 | −0.014% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDTlong | +0.0051% | 4h | 4,343 | long leg | $35.1M | $45.7M | 75x |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
Variational Omni XAUT
Gate XAUT_USDT
Extended XAUT-USD
SoDEX XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0052% | 4h | 4,342.9 | −0.003% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,342.8 | −0.004% | $4.2M | $981K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,345.5 | +0.056% | $11.4M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,345.4 | +0.054% | $513 | $108K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,343.5 | +0.011% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,344.2 | +0.026% | $1.8M | $295K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,350.1 | +0.162% | $3K | $3.4M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.8 | −0.051% | $1.8M | $234K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0209% | 4h | 4,342.3 | −0.017% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,345.2 | +0.050% | $5.7M | $4.5M | 50x | as long as short |
BingX XAUT-USDT
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD