Funding you earn now, next payment 04:00 UTC+0.0192%/8h= +21.0% APRpaid last 24h +0.028%
Price spread now: OKX against Aevo+0.079%50s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.079%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.044% dearer against Aevo than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.035%. Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -3.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XAU-PERP | 4,345.7 | 0.0104 | pay 0.0013% / 1h | 14m 29s | $161K | $87 | 10x |
| Short | OKX XAU-USDT-SWAP | 4,349.1 | 0.0296 | get 0.0296% / 8h | 4h 14m | $165.3M | $282.2M | 100x |
Aevo XAU-PERP
OKX XAU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Aevo. 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
- $40.23
- Price spread: +0.079% → +0.035%
- $4.44
- Slippage, 4 orders
- −$15.89
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $2.77
- Costs to cover
- 0.419%
- Break-even
- 6.5 days
Slippage from Aevo: live order book, 44 min ago; OKX: live order book, 5 min ago.
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 Aevo live order book, 44 min ago | 6.28 bp | 16.1 bp −$16 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.12 bp | 5.1 bp −$5 | 5.1 bp −$51 | 7.5 bp −$746 | 13.3 bp −$6,633 |
XAU on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,347.3 | +0.038% | $3.4M | $12.2M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,348.7 | +0.069% | $265.3M | $416.6M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,350.8 | +0.119% | $92K | $8.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,342.8 | −0.066% | $272K | — | 250x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,346.2 | +0.013% | $20.8M | $38.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343.3 | −0.055% | $13.2M | $38.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.110% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,348.1 | +0.056% | $20.1M | $39.3M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,350.7 | +0.116% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,346.7 | +0.024% | $5.7M | $2.0M | 20x | as long as short |
RISEx XAU/USDC
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
QFEX GOLD-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,380 | +0.790% | — | $1.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0048% | 1h | 4,343.7 | −0.045% | $33K | — | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,346 | +0.008% | $2.0M | $4.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0048% | 24h | 4,343.9 | −0.040% | $4.2M | $37.4M | 15x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.3 | −0.031% | $293.9M | $49.0M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,343.6 | −0.049% | $15.1M | $56.9M | 25x | as long as short |
| Aster XAUUSD1 | +0.0059% | 4h | 4,347.9 | +0.051% | $71.2M | $333.2M | 20x | as long as short |
| Variational Omni XAU | +0.0075% | 4h | 4,349.4 | +0.087% | $48.4M | $28.0M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,347.4 | +0.041% | $19K | $5K | 5x | as long as short |
| MEXC XAU_USDT | +0.0088% | 4h | 4,347 | +0.032% | $371.5M | $319.1M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0088% | 4h | 4,350.2 | +0.104% | $1.4M | $2.9M | 25x | as long as short |
| Binance XAUUSDT | +0.0089% | 4h | 4,347.6 | +0.044% | $413.5M | $2.10B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,343.3 | −0.054% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,348.6 | +0.068% | $275K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,340.3 | −0.124% | $25K | $14K | 20x | as long as short |
| edgeX XAUUSDC | +0.0103% | 4h | 4,345.6 | −0.001% | $30.2M | $58.2M | 50x | as long as short |
| Aevo XAU-PERPlong | +0.0104% | 1h | 4,345.7 | long leg | $161K | $87 | 10x | |
| Phoenix GOLD | +0.0142% | 1h | 4,349 | +0.077% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0159% | 1h | 4,347.3 | +0.038% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0185% | 1h | 4,346.5 | +0.019% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,343.2 | −0.057% | $592K | $132K | 25x | as long as short |
| Bitget XAUUSDT | +0.0230% | 4h | 4,348.1 | +0.057% | $70.0M | $109.4M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0234% | 1h | 4,344.9 | −0.017% | $206K | $824K | 25x | as long as short |
| Phemex XAUUSDT | +0.0234% | 4h | 4,349.5 | +0.087% | $2.2M | $967K | 100x | as long as short |
| Bybit XAUUSDT | +0.0240% | 4h | 4,348.8 | +0.073% | $85.1M | $145.5M | 150x | as long as short |
| OKX XAU-USDT-SWAPshort | +0.0296% | 8h | 4,349.1 | +0.079% | $165.3M | $282.2M | 100x | |
| BloFin XAU-USDT | +0.0329% | 4h | 4,345.8 | +0.004% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0417% / S −0.0237% | 1h | 4,346.5 | +0.019% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0621% | 4h | 4,350.6 | +0.114% | $2.8M | $4.5M | 75x | as long as short |
Vest GC-PERP
Hotstuff GOLD-PERP
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
edgeX XAUUSDC
Phoenix GOLD
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
Bybit XAUUSDT
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT