Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG3,991.6−0.0926get 0.0116% / 1h53m 37s$3.0M$843K25xLong Deribit
SHORT3,988.9+0.0100get 0.0013% / 1h53m 37s$9.6M$2.5M60xShort TxFlow5% off
Price gap−0.067%
Funding gap+0.1026% /8h

Funding pays +$31 a day on $10k, but the gap is 0.106% under its 7d average: −$11 if it goes back, about 8 hours of funding. At the last 7 days' pace that is about 41 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$43+0.1026% /8h now · paid +0.433% over the last 7D
Price−$11spread −0.067% now, avg +0.039% → −0.106% if it goes back
Costs−$230.226% of $10k · taker + slippage, in and out
Result+$10+0.10%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.433% in total, about +0.0206%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.067%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XAU on 43 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • OK: Fits both order books4.6 / 6.0 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$400 + $167
    Deribit 25x, TxFlow 60x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$30.78Long Deribit: 24 payments, +$27.78; short TxFlow: 24 payments, +$3.00.
  • Watch: Gap narrower than usual−0.067% vs +0.039%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Long leg is thinner$3.0M vs $9.6M OI
    Both legs are deep; Deribit is the smaller one.
  • OK: Points on a legTxFlow points
    Volume here counts toward the points program.
  • Watch: KYCDeribit Yes · TxFlow No
    ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0206%/8h × 21 periods+$43.31
Price spread−0.067% → +0.039% (7d avg)−$10.60
Slippage, 4 orderslive order books−$6.55
Fee Deribit bp × 2 orders−$7.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k+$10.16
Costs to cover0.226%Break-even5.4 days
Slippage: Deribit: live order book, 1 min ago; TxFlow: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGDeribit0.134.6 bp−$54.8 bp−$4813.8 bp−$1,377doesn’t fit
SELL · SHORTTxFlow1.506.0 bp−$66.0 bp−$608.2 bp−$81817.2 bp−$8,598

Closing costs about the same again.

Alert

XAU news

posts that mention XAU or Gold, from every exchangeSearch all news →
10-25 08:00GateContestWCTC S9 starts tomorrow! Compete for up to 6,000,000 $USDT in prizes and a 30,000 $USDT champion’s gold medal. Team up, climb the individual rankings, or take on 30-minute PK battles. Not registered yet? Log in and visit the event page for 1 free Lucky Launch. Trading starts Oct 26 at 08:00 UTC. Registration stays open until Nov 25. Join the competition: @Gate on X ↗
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10-23 15:59KalshiOtherJUST IN: Gold back below $4,000 @Kalshi on X ↗
10-23 12:59AvantisOtherMore unique assets 🤝 increased liquidity. This is why we're accommodating the largest commodities and FX trades onchain. 10-15M single clip trades on $XAU, $EURUSD, and more are happening daily. Trade the untradeable 😤 @verantaxyz on X ↗