Funding you earn now, next payment 22:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Injective against Extended+0.159%80s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.159% dearer against Extended than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 80 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 | Extended XAU-USD | 4,343.5 | 0.0032 | pay 0.0004% / 1h | 5m 56s | $13.2M | $50.9M | 25x |
| Short | Injective XAU/USDC PERP | 4,350.4 | 0.0033 | get 0.0004% / 1h | 5m 56s | $619 | $54 | 52x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- $0.28
- Price spread: +0.159% → 0.000%
- $15.88
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $11.14
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 3 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 Extended live order book, 3 min ago | 0.12 bp | 2.6 bp −$3 | 3.9 bp −$39 | 7.3 bp −$734 | 27.4 bp −$13.7K |
| 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 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0500% | 1h | 4,334.7 | −0.203% | $26K | $21K | 20x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,344.6 | +0.024% | $71.1M | $241.0M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,341.7 | −0.042% | $411.2M | $2.12B | 100x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,342 | −0.034% | $82.7M | $144.9M | 150x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,342.8 | −0.017% | $273.1M | $413.5M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,340.8 | −0.062% | $372.3M | $350.7M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,342.4 | −0.026% | $67.1M | $114.1M | 100x | as long as short |
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,342.1 | −0.033% | $1.4M | $3.3M | 25x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,340.5 | −0.070% | $3.9M | $34.1M | 15x | as long as short |
| Bullet GOLD-USD | 0.0000% | 1h | 4,342 | −0.035% | $59K | $84K | 10x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,346.1 | +0.059% | $92K | $10.9M | 20x | as long as short |
| HTX XAU-USDT | 0.0000% | 4h | 4,345.4 | +0.042% | $2.8M | $3.8M | 75x | as long as short |
| Variational Omni XAU | +0.0016% | 4h | 4,342 | −0.034% | $47.8M | $34.0M | — | as long as short |
| edgeX XAUUSDC | +0.0017% | 4h | 4,338.3 | −0.121% | $30.2M | $58.0M | 50x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,340.7 | −0.065% | $20.7M | $46.8M | 25x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,343.3 | −0.006% | $20.2M | $45.1M | 25x | as long as short |
| Extended XAU-USDlong | +0.0032% | 1h | 4,343.5 | long leg | $13.2M | $50.9M | 25x | |
| Injective XAU/USDC PERPshort | +0.0033% | 1h | 4,350.4 | +0.159% | $619 | $54 | 52x | |
| StandX XAU-USD | +0.0040% | 1h | 4,343.2 | −0.007% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,382 | +0.886% | — | $995K | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,339.5 | −0.093% | $293.0M | $52.6M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,341.3 | −0.051% | $4.3M | $2.3M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,341.1 | −0.056% | $14.4M | $54.6M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0051% | 8h | 4,342.1 | −0.034% | $19K | $6K | 5x | as long as short |
| QFEX GOLD-USD | +0.0052% | 1h | 4,342.5 | −0.024% | $5.5M | $1.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,338.1 | −0.125% | $2.0M | $5.2M | 25x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,341.7 | −0.042% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,341.2 | −0.054% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,343.2 | −0.007% | $272K | $204K | 50x | as long as short |
| BloFin XAU-USDT | +0.0108% | 4h | 4,342.1 | −0.033% | $14.8M | $4.3M | 100x | as long as short |
| Phoenix GOLD | +0.0109% | 1h | 4,343.4 | −0.003% | $47K | $69K | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0152% | 1h | 4,339.5 | −0.093% | $33K | — | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0187% | 8h | 4,341.8 | −0.040% | $157.9M | $275.1M | 100x | as long as short |
| RISEx XAU/USDC | +0.0190% | 1h | 4,342 | −0.034% | $3.4M | $12.6M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0333% | 1h | 4,338.9 | −0.107% | $598K | $140K | 25x | as long as short |
| Phemex XAUUSDT | +0.0413% | 4h | 4,344.8 | +0.030% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0496% / S −0.0311% | 1h | 4,341.7 | −0.041% | $251K | — | 29x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0650% | 1h | 4,339.1 | −0.102% | $221K | $883K | 25x | as long as short |
Extended XAU-USD
Injective XAU/USDC PERP
Bluefin GOLD-PERP
Aster XAUUSD1
Binance XAUUSDT
Bybit XAUUSDT
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
GRVT XAU_USDT_Perp
Kalshi KXGOLDPERP
Bullet GOLD-USD
SunX XAU-USDT
HTX XAU-USDT
Variational Omni XAU
edgeX XAUUSDC
Lighter XAU
Lighter RH XAU
StandX XAU-USD
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
BloFin XAU-USDT
Phoenix GOLD
OKX XAU-USDT-SWAP
RISEx XAU/USDC
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
Deribit GOLD_USDC-PERPETUAL