Funding you earn now, next payment 11:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.010%
Price spread now: SoDEX against Injective−0.446%62s7-day average −0.094% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.446%, 7d avg −0.094%
=Funding pays, the price is against you. SoDEX is 0.352% cheaper against Injective than usual: you would sell low and buy high (spread −0.446% now, against its 7-day average of −0.094%). If the spread goes back, that is −$35 on $10k: about 2 months of funding at the current rate (+$1 a day). The two prices were read 62 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 | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | pay 0.0004% / 1h | 29m 54s | $8K | $149K | 30x |
| Short | SoDEX XAUT-USD | 4,330.4 | 0.0050 | get 0.0006% / 1h | 29m 54s | $10.1M | $2.2M | 25x |
Injective XAUT/USDC PERP
SoDEX XAUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $3.5
- Price spread: −0.446% → −0.094%
- −$35.25
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$39.77
- Costs to cover
- 0.080%
- Break-even
- 86.5 days
Slippage unknown: Injective: no order-book sample; SoDEX: live order book, 2 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 SoDEX live order book, 2 min ago | 0.12 bp | 4.1 bp −$4 | 4.9 bp −$49 | 45.4 bp −$4,537 | doesn't fit |
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 19 exchanges
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 | −0.0138% | 1h | 4,331.8 | −0.415% | $56K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0136% | 4h | 4,331.5 | −0.421% | $24.3M | $25.3M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,333.2 | −0.382% | $130.1M | $10.7M | 100x | as long as short |
| Injective XAUT/USDC PERPlong | +0.0033% | 1h | 4,349.8 | long leg | $8K | $149K | 30x | |
| SoDEX XAUT-USDshort | +0.0050% | 1h | 4,330.4 | −0.446% | $10.1M | $2.2M | 25x | |
| Binance XAUTUSDT | +0.0094% | 4h | 4,331.4 | −0.423% | $36.2M | $49.1M | 75x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,330 | −0.455% | $274K | $215K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,331.3 | −0.425% | $4.2M | $900K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,331.5 | −0.421% | $119.0M | $37.0M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,331.9 | −0.412% | $394.5M | $306.8M | 1000x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Binance XAUTUSDT
Extended XAUT-USD
Nado XAUT-PERP
Bybit XAUTUSDT
MEXC XAUT_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,332.3 | −0.402% | $12.2M | $3.8M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,331.6 | −0.420% | — | $20.9M | — | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,330.8 | −0.436% | $33.1M | $3.3M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,331.6 | −0.420% | $329 | $108K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,330.5 | −0.444% | $266 | $17K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,336.2 | −0.312% | $3K | $2.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,333.1 | −0.384% | $1.8M | $186K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,332.3 | −0.403% | $6.0M | $5.9M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,331.5 | −0.421% | $2.3M | $735K | 75x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
Variational Omni XAUT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT