Funding you earn now, next payment 01:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.018%
Price spread now: Injective against Extended−0.088%80s7-day average +0.140% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 3 days (all we have)+0.363%+$36 · spread now −0.088%, 7d avg +0.140%
=Together, before fees+0.286%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.228% cheaper against Extended than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.140%). Swap the legs. The two prices were read 80 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 | Extended XAUT-USD | 4,353.6 | 0.0104 | pay 0.0013% / 1h | 13m 53s | $272K | $231K | 25x |
| Short | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | get 0.0004% / 1h | 13m 53s | $8K | $149K | 30x |
Extended XAUT-USD
Injective XAUT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- −$14.84
- Price spread: −0.088% → +0.140%
- −$22.8
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$42.66
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 58 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 Extended live order book, 58 min ago | 0.12 bp | 2.8 bp −$3 | 5.4 bp −$54 | doesn't fit | 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 | −0.0269% | 1h | 4,353.3 | −0.007% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0052% | 4h | 4,354 | +0.009% | $25.9M | $15.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,356.1 | +0.056% | $131.1M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERPshort | +0.0033% | 1h | 4,349.8 | −0.088% | $8K | $149K | 30x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,356.3 | +0.061% | $10.2M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,353.6 | −0.001% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,354.5 | +0.020% | $35.5M | $46.7M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,354.5 | +0.019% | $120.9M | $27.8M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,353.9 | +0.006% | $337.9M | $283.4M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,356.6 | +0.068% | $11.4M | $2.9M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
SoDEX XAUT-USD
Nado XAUT-PERP
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0100% | 4h | 4,354.8 | +0.026% | — | $18.0M | — | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,349.2 | −0.103% | $33.1M | $3.5M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,350.9 | −0.063% | $1K | $114K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,355.3 | +0.038% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,357 | +0.076% | $1.9M | $220K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,360 | +0.147% | $3K | $3.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,354.3 | +0.016% | $1.8M | $231K | 75x | as long as short |
| Extended XAUT-USDlong | +0.0104% | 1h | 4,353.6 | long leg | $272K | $231K | 25x | |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,357.6 | +0.092% | $5.3M | $4.1M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,351.7 | −0.045% | $2.3M | $1.6M | 75x | as long as short |
BingX XAUT-USDT
Variational Omni XAUT
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