Funding you earn now, next payment 00:00 UTC+0.0055%/8h= +6.0% APRpaid last 24h −0.007%
Price spread now: Gate against Injective+0.200%7-day average −0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 3 days (all we have)−0.409%−$41 · spread now +0.200%, 7d avg −0.084%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.284% dearer against Injective than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XAUT/USDC PERP | 4,349.8 | −0.0055 | get 0.0007% / 1h | 30m 45s | $8K | $149K | 30x |
| Short | Gate XAUT_USDT | 4,358.5 | 0 | get 0.0000% / 8h | 30m 45s | $131.6M | $8.0M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $11.51
- Price spread: +0.200% → −0.084%
- $28.45
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $24.94
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 0.12 bp | 8.7 bp −$9 | 11.4 bp −$114 | 19.7 bp −$1,968 | 51.3 bp −$25.7K |
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 | −0.0169% | 1h | 4,359.8 | +0.231% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0122% | 4h | 4,356.2 | +0.148% | $26.2M | $14.9M | 75x | as long as short |
| Injective XAUT/USDC PERPlong | −0.0055% | 1h | 4,349.8 | long leg | $8K | $149K | 30x | |
| Gate XAUT_USDTshort | 0.0000% | 8h | 4,358.5 | +0.200% | $131.6M | $8.0M | 100x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,359.9 | +0.232% | $10.2M | $2.0M | 25x | as long as short |
| MEXC XAUT_USDT | +0.0056% | 4h | 4,357.3 | +0.172% | $341.5M | $278.2M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0056% | 4h | 4,357.2 | +0.170% | $120.8M | $27.3M | 75x | as long as short |
| Variational Omni XAUT | +0.0065% | 4h | 4,357.8 | +0.185% | $33.3M | $3.3M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,358.4 | +0.198% | $4.2M | $995K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,357.4 | +0.174% | $35.5M | $46.2M | 75x | 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 | 4,359.7 | +0.228% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,357.4 | +0.174% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,358.4 | +0.198% | $379 | $113K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,358.7 | +0.205% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,360.2 | +0.238% | $1.9M | $209K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,366 | +0.373% | $2K | $3.7M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,356.3 | +0.149% | $1.9M | $232K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,357 | +0.164% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0105% | 1h | 4,359.8 | +0.231% | $5.3M | $3.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0225% | 4h | 4,357.5 | +0.177% | $2.3M | $1.7M | 75x | as long as short |
Injective XAUT/USDC PERP
Gate XAUT_USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
SoDEX XAUT-USD
MEXC XAUT_USDT
Bybit XAUTUSDT
Variational Omni XAUT
Binance XAUTUSDT
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