Funding you earn now, next payment 22:00 UTC+0.0156%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.016%
Price spread now: Derive against Injective−0.048%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Derive is 0.048% cheaper against Injective than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 25 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.161% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XAUT/USDC PERP | 4,343.8 | −0.0056 | get 0.0007% / 1h | 35m 07s | $8K | $76K | 30x |
| Short | Derive XAUT-PERP | 4,341.7 | 0.0100 | get 0.0013% / 1h | 35m 07s | $1.8M | $175K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Injective. 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
- $32.68
- Price spread: −0.048% → 0.000%
- −$4.84
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $21.82
- Costs to cover
- 0.060%
- Break-even
- 2.3 days
Slippage unknown: Injective: no order-book sample; Derive: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Injective and Derive: 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 | −0.0216% | 1h | 4,341.8 | −0.046% | $56K | $33K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0210% | 4h | 4,339.1 | −0.108% | $26.4M | $15.1M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0097% | 1h | 4,341.8 | −0.045% | $5.3M | $3.4M | 50x | as long as short |
| Injective XAUT/USDC PERPlong | −0.0056% | 1h | 4,343.8 | long leg | $8K | $76K | 30x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,342.2 | −0.037% | $131.9M | $8.9M | 100x | as long as short |
| Variational Omni XAUT | +0.0024% | 4h | 4,340.1 | −0.085% | $33.1M | $3.3M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.2 | −0.014% | $10.1M | $2.1M | 25x | as long as short |
| Extended XAUT-USD | +0.0064% | 1h | 4,339.5 | −0.098% | $272K | $217K | 25x | as long as short |
| Binance XAUTUSDT | +0.0066% | 4h | 4,340.1 | −0.085% | $35.3M | $45.5M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,340.6 | −0.074% | $4.2M | $917K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUTUSDT | +0.0100% | 4h | 4,340.4 | −0.079% | $120.5M | $27.3M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,341.1 | −0.062% | $350.9M | $275.8M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,342 | −0.041% | $11.5M | $3.1M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,340.2 | −0.082% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,340.7 | −0.071% | $538 | $116K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,340.6 | −0.074% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERPshort | +0.0100% | 1h | 4,341.7 | −0.048% | $1.8M | $175K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,347.2 | +0.078% | $3K | $3.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,339 | −0.110% | $1.8M | $230K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,341.8 | −0.046% | $2.4M | $1.7M | 75x | as long as short |
Injective XAUT/USDC PERP
Derive XAUT-PERP
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Gate XAUT_USDT
Variational Omni XAUT
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT