Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against Orderly+0.182%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.182% dearer against Orderly than usual: you sell high and buy low (spread +0.182% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.1 days. The two prices were read 58 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 | Orderly PERP_XAUT_USDC_mythos | 4,341.9 | 0.0100 | pay 0.0050% / 4h | 50m 06s | $267 | $17K | 10x |
| Short | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | get 0.0004% / 1h | 50m 06s | $8K | $149K | 30x |
Orderly PERP_XAUT_USDC_mythos
Injective XAUT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Orderly. 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: +0.182% → 0.000%
- $18.19
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1.83
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Orderly and 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 | −0.0320% | 1h | 4,343 | +0.026% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,340.4 | −0.034% | $26.0M | $15.2M | 75x | as long as short |
| Bybit XAUTUSDT | −0.0040% | 4h | 4,340.8 | −0.025% | $119.9M | $28.1M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0036% | 4h | 4,340.8 | −0.025% | $354.8M | $272.0M | 1000x | as long as short |
| Variational Omni XAUT | −0.0019% | 4h | 4,340.2 | −0.039% | $33.0M | $3.6M | — | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,343.3 | +0.032% | $130.5M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERPshort | +0.0033% | 1h | 4,349.8 | +0.182% | $8K | $149K | 30x | |
| Extended XAUT-USD | +0.0048% | 1h | 4,340.1 | −0.041% | $272K | $213K | 25x | as long as short |
| Binance XAUTUSDT | +0.0049% | 4h | 4,341.1 | −0.018% | $35.1M | $45.6M | 75x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,340.5 | −0.032% | $10.1M | $2.0M | 25x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
Variational Omni XAUT
Gate XAUT_USDT
Extended XAUT-USD
Binance XAUTUSDT
SoDEX XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0052% | 4h | 4,341.9 | +0.001% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,341.5 | −0.010% | $4.2M | $980K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,343.4 | +0.034% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,343.8 | +0.044% | $1K | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythoslong | +0.0100% | 4h | 4,341.9 | long leg | $267 | $17K | 10x | |
| Derive XAUT-PERP | +0.0100% | 1h | 4,342.5 | +0.013% | $1.8M | $295K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,347.9 | +0.139% | $2K | $3.4M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,340.8 | −0.025% | $1.8M | $234K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0204% | 4h | 4,342.2 | +0.007% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,343.2 | +0.031% | $5.7M | $4.5M | 50x | as long as short |
BingX XAUT-USDT
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD