Funding you earn now, next payment 09:00 UTC−0.0015%/8h= −1.7% APRpaid last 24h −0.010%
Price spread now: QFEX against Aster−0.005%53s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$200.204% of the position
Funding, last 4 days (all we have)−0.054%−$5 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now −0.005%, 7d avg −0.046%
=Together, before fees−0.097%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.041% dearer against Aster than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.046%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 9.0 days. At the pace of the last 4 days (−0.054% in total) that is about 2.9 days. The two prices were read 53 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 | Aster XAUUSD1 | 4,336.3 | 0.0061 | pay 0.0031% / 4h | 3h 01m | $74.4M | $272.9M | 20x |
| Short | QFEX GOLD-USD | 4,336.1 | 0.0046 | get 0.0006% / 1h | 1m 45s | $6.6M | $3.1M | 20x |
Aster XAUUSD1
QFEX GOLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Aster. 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
- −$3.18
- Price spread: −0.005% → −0.046%
- $4.11
- Slippage, 4 orders
- −$2.38
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$19.46
- Costs to cover
- 0.204%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; QFEX: live order book, 7 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 Aster live order book, 2 min ago | 0.01 bp | 4.1 bp −$4 | 4.7 bp −$47 | 36.8 bp −$3,676 | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.15 bp | 6.2 bp −$6 | 6.2 bp −$62 | 8.5 bp −$848 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,340.5 | +0.097% | $92K | $6.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,333.5 | −0.065% | $275K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.325% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,332.8 | −0.081% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,370.5 | +0.788% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USDshort | +0.0046% | 1h | 4,336.1 | −0.005% | $6.6M | $3.1M | 20x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,332.7 | −0.083% | $292.5M | $55.3M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,337.3 | +0.023% | $4.3M | $1.7M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,330.2 | −0.141% | $15.1M | $57.3M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,334 | −0.054% | $2.0M | $5.2M | 25x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Ondo Perps XAU-USD.P
Coinbase International GOLD-PERP-INTXShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0058% | 8h | 4,335.6 | −0.016% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1long | +0.0061% | 4h | 4,336.3 | long leg | $74.4M | $272.9M | 20x | |
| Lighter XAU | +0.0080% | 1h | 4,335.7 | −0.014% | $20.2M | $30.7M | 25x | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,331.9 | −0.102% | $43K | $86K | 25x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,337.9 | +0.037% | $19.9M | $41.4M | 25x | as long as short |
| Extended XAU-USD | +0.0096% | 1h | 4,332.1 | −0.098% | $12.7M | $36.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0096% | 1h | 4,335.4 | −0.021% | $33K | — | 25x | as long as short |
| Gate XAU_USDT | +0.0098% | 4h | 4,336.2 | −0.004% | $299.2M | $447.1M | 100x | as long as short |
| Variational Omni XAU | +0.0099% | 4h | 4,336.1 | −0.005% | $47.2M | $30.1M | — | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,332.6 | −0.085% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,334.7 | −0.038% | $285K | $232K | 50x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,336.4 | +0.002% | $161K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0118% | 4h | 4,335.1 | −0.028% | $438.0M | $2.35B | 100x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,334.7 | −0.037% | $351.8M | $359.2M | 1000x | as long as short |
| Kalshi KXGOLDPERP | +0.0119% | 24h | 4,339.2 | +0.066% | $3.5M | $48.4M | 15x | as long as short |
| Bybit XAUUSDT | +0.0122% | 4h | 4,335.9 | −0.010% | $81.3M | $167.9M | 150x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,336.2 | −0.004% | $4.6M | $13.6M | 25x | as long as short |
| edgeX XAUUSDC | +0.0127% | 4h | 4,331.6 | −0.110% | $30.3M | $64.7M | 50x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0142% | 1h | 4,335.7 | −0.014% | $134K | $779K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0154% | 4h | 4,335.1 | −0.028% | $1.4M | $3.0M | 25x | as long as short |
| Bullet GOLD-USD | +0.0180% | 1h | 4,337.1 | +0.017% | $59K | $77K | 10x | as long as short |
| Phemex XAUUSDT | +0.0182% | 4h | 4,337.7 | +0.032% | $2.2M | $961K | 100x | as long as short |
| Bitget XAUUSDT | +0.0198% | 4h | 4,334.7 | −0.037% | $72.4M | $132.4M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0245% | 8h | 4,335.4 | −0.021% | $171.1M | $353.9M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0326% | 1h | 4,334.8 | −0.034% | $583K | $150K | 25x | as long as short |
| BloFin XAU-USDT | +0.0360% | 4h | 4,337 | +0.017% | $16.2M | $5.3M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0466% / S −0.0313% | 1h | 4,337 | +0.016% | $256K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1103% | 4h | 4,344.8 | +0.196% | $3.2M | $6.9M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.1395% | 1h | 4,331.4 | −0.113% | $25K | $1K | 20x | as long as short |
Paradex XAU-USD-PERP
Lighter XAU
Phoenix GOLD
Lighter RH XAU
Extended XAU-USD
Hotstuff GOLD-PERP
Gate XAU_USDT
Variational Omni XAU
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
Binance XAUUSDT
MEXC XAU_USDT
Kalshi KXGOLDPERP
Bybit XAUUSDT
RISEx XAU/USDC
edgeX XAUUSDC
Deribit GOLD_USDC-PERPETUAL
GRVT XAU_USDT_Perp
Bullet GOLD-USD
Phemex XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT
Bluefin GOLD-PERP