XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0134%/8h= −14.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.064%

Price spread now: Injective against Deribit+0.802%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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 0.802% dearer against Deribit than usual: you sell high and buy low (spread +0.802% now, against zero (this spread has no 7-day history yet)): +$80 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOLD_USDC-PERPETUAL	4,315.8	0.0167	pay 0.0021% / 1h	20m 19s	$162K	$876K	25x
Short	Injective XAU/USDC PERP	4,350.4	0.0033	get 0.0004% / 1h	20m 19s	$619	$54	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee InjectivebpOrdersPrice spread, now +0.802%Rate

Funding earned: −$28.12
Price spread: +0.802% → 0.000%: $80.22
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $45.08
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Deribit: live order book, 19 min ago; 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 Deribit live order book, 19 min ago	0.12 bp	3.6 bp −$4	4.8 bp −$48	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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.

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
Hotstuff GOLD-PERP	0.0000%	1h	4,312.8	−0.070%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,321.5	+0.133%	$92K	$7.2M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,313.7	−0.048%	$269K	—	250x	as long as short
Injective XAU/USDC PERPshort	+0.0033%	1h	4,350.4	+0.802%	$619	$54	52x
StandX XAU-USD	+0.0040%	1h	4,319.3	+0.081%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,315.5	−0.007%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,349.1	+0.772%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,313.8	−0.046%	$290.9M	$51.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,313	−0.064%	$15.0M	$55.3M	25x	as long as short
Aster XAUUSD1	+0.0056%	4h	4,318.4	+0.061%	$72.9M	$272.1M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0062%	4h	4,318.1	+0.054%	$77.6M	$154.6M	150x	as long as short
Paradex XAU-USD-PERP	+0.0064%	8h	4,316.7	+0.020%	$2K	$14K	5x	as long as short
Lighter XAU	+0.0064%	1h	4,315.5	−0.008%	$20.3M	$30.0M	25x	as long as short
Bluefin GOLD-PERP	+0.0070%	1h	4,310.3	−0.128%	$25K	$1K	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,313.1	−0.063%	$2.0M	$4.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0095%	24h	4,318.4	+0.060%	$3.6M	$45.0M	15x	as long as short
Variational Omni XAU	+0.0095%	4h	4,317.1	+0.030%	$47.1M	$29.1M	—	as long as short
Phoenix GOLD	+0.0096%	1h	4,315.6	−0.005%	$42K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,313.3	−0.058%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,315.5	−0.006%	$272K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,318	+0.050%	$20.0M	$39.7M	25x	as long as short
MEXC XAU_USDT	+0.0104%	4h	4,317.5	+0.040%	$364.4M	$334.4M	1000x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,316.6	+0.018%	$160K	$87	10x	as long as short
Binance XAUUSDT	+0.0106%	4h	4,317.5	+0.038%	$426.1M	$2.16B	100x	as long as short
Gate XAU_USDT	+0.0108%	4h	4,319.2	+0.078%	$283.5M	$423.0M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0108%	4h	4,315.9	+0.003%	$1.4M	$3.0M	25x	as long as short
edgeX XAUUSDC	+0.0124%	4h	4,311.9	−0.090%	$30.0M	$60.1M	50x	as long as short
Extended XAU-USD	+0.0128%	1h	4,312.9	−0.068%	$13.2M	$36.8M	25x	as long as short
Deribit GOLD_USDC-PERPETUALlong	+0.0167%	1h	4,315.8	long leg	$162K	$876K	25x
Bitget XAUUSDT	+0.0190%	4h	4,317	+0.028%	$70.2M	$120.8M	100x	as long as short
Bullet GOLD-USD	+0.0204%	1h	4,317.6	+0.041%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0219%	1h	4,317.5	+0.039%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,314.9	−0.020%	$574K	$138K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0271%	8h	4,317.7	+0.044%	$174.6M	$303.5M	100x	as long as short
BloFin XAU-USDT	+0.0346%	4h	4,317.3	+0.035%	$16.6M	$4.9M	100x	as long as short
Phemex XAUUSDT	+0.0416%	4h	4,317.4	+0.037%	$2.2M	$976K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0465% / S −0.0311%	1h	4,317.9	+0.048%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0492%	4h	4,323.7	+0.183%	$3.2M	$6.0M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,316.9	+0.026%	$4.5M	$13.3M	25x	as long as short