Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.025%
Price spread now: SunX against Injective−0.091%7-day average −0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.091%, 7d avg −0.006%
=Funding pays, the price is against you. SunX is 0.085% cheaper against Injective than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.006%). If the spread goes back, that is −$9 on $10k: about 4.3 days of funding at the current rate (+$2 a day).
| 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 | 31m 00s | $8K | $149K | 30x |
| Short | SunX XAUT-USDT | 4,345.8 | 0.0100 | get 0.0050% / 4h | 3h 31m | $3K | $3.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $14
- Price spread: −0.091% → −0.006%
- −$8.54
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$2.56
- Costs to cover
- 0.080%
- Break-even
- 8.3 days
Slippage unknown: Injective: no order-book sample; SunX: live order book, 7 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 SunX live order book, 7 min ago | 21.50 bp | 38.4 bp −$38 | 68.0 bp −$680 | doesn't fit | 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 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 | −0.0344% | 1h | 4,338.2 | −0.266% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0044% | 4h | 4,337.6 | −0.281% | $25.8M | $15.4M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,340 | −0.225% | $130.4M | $8.2M | 100x | as long as short |
| Variational Omni XAUT | +0.0028% | 4h | 4,338.1 | −0.269% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERPlong | +0.0033% | 1h | 4,349.8 | long leg | $8K | $149K | 30x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,337.5 | −0.283% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDT | +0.0054% | 4h | 4,338.4 | −0.262% | $35.2M | $45.3M | 75x | as long as short |
| Extended XAUT-USD | +0.0056% | 1h | 4,337.1 | −0.293% | $272K | $215K | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,338.9 | −0.251% | $4.2M | $911K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,338.6 | −0.258% | $120.1M | $27.9M | 75x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,338.6 | −0.257% | $391.8M | $271.1M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,339.5 | −0.237% | $11.5M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,338.8 | −0.253% | — | $17.7M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,338.3 | −0.265% | $308 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,338.7 | −0.255% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,339.3 | −0.241% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDTshort | +0.0100% | 4h | 4,345.8 | −0.091% | $3K | $3.3M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,337.8 | −0.276% | $1.8M | $227K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,340.1 | −0.222% | $5.7M | $4.4M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,338.7 | −0.255% | $2.3M | $1.6M | 75x | as long as short |
Injective XAUT/USDC PERP
SunX XAUT-USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
SoDEX XAUT-USD
Binance XAUTUSDT
Extended XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT