Settings8H · net · $10k
LanguageThe language of the site
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
LONG4,159.2L +0.0350S −0.0154pay 0.0044% / 1h37m 44s$154K$25K100xLong GMX5% off
SHORT4,154.4L +0.0108S +0.0023pay 0.0003% / 1h37m 44s$5.5M—200xShort Avantis
Price gap−0.115%
Funding gap−0.0373% /8h

Funding costs $11 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$91−0.0373% /8h now · paid −0.913% over the last 7D
Price+$1spread −0.115% now, avg −0.122% → +0.007% if it goes back
Costsno datano order book for GMX and Avantis
Result, before costs−$91−0.91%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for GMX and Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.115%
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 41 exchanges

lowest funding first

Before you open

3 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for GMX and Avantis: its slippage is not counted.
  • Note: Margin at max leverage$100 + $50
    GMX 100x, Avantis 200x. 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: −$11.19Long GMX: 24 payments, −$10.51; short Avantis: 24 payments, −$0.68.
  • Note: Gap at its usual level−0.115% vs −0.122%
    The price leg adds little either way.
  • Watch: Long leg is thinner$154K vs $5.5M OI
    GMX sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legGMX No · Avantis No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0435%/8h × 21 periods−$91.27
Price spread−0.115% → −0.122% (7d avg)+$0.65
Slippage, 4 ordersno data for GMX and Avantis—
Fee GMX bp × 2 orders−$12.00
Fee Avantis bp × 2 orders−$4.00
Net, fees only · 7 days · $10k−$106.62
Costs to cover0.160%Break-evennever at this rate
Slippage: GMX: no order-book sample; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGGMX—————
SELL · SHORTAvantis—————

Closing costs about the same again.
GMX and Avantis: no data.

Alert

XAU news

posts that mention XAU or Gold, from every exchangeSearch all news →
09-30 18:40HotstuffListingGOLD-PERP no longer reported ($XAU) seen by our collector
09-30 15:36BingXOtherhere’s what could move markets before your next trade 👀 which are you watching: gold, the dollar or AI stocks? 👇 @BingXOfficial on X ↗
09-30 02:07AvantisOtherThe macro backdrop hasn’t changed much, but the reactions across markets have. Yields are pushing back toward multi-decade highs and equities are struggling to get much traction. $XAU is bouncing after getting hit hard, while $BTC has managed to recover toward $84K. That divergence is where this week gets interesting, and the crew is diving in tomorrow at 12:30pm ET 📺 @verantaxyz on X ↗
09-29 13:32GRVTOtherUPDATE: 74 of 109 RWA markets traded in week one. Gold led, Korean semis second, US brokerage third. Makers paid on all of them. @grvt_io on X ↗
09-29 08:55ApeX OmniOtherQuiet tape. S&P -0.8%, NASDAQ -0.9%, gold and oil barely moved. The 10y keeps grinding: 5.240%, another 13bp since Thursday. bitcoin:native $83,983 +1.3%, $ETH $2,712 +2.6%. $31M into spot ETFs, an eighth straight day. Fear and greed 73. @OfficialApeXdex on X ↗
09-28 20:36BingXOtherCore PCE takes center stage Wednesday 👀 A cooler print could lift gold, while a hotter one may boost USD and pressure stocks. Trade $XAU on BingX TradFi 👇 @BingXOfficial on X ↗