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: Deribit against Injective−0.796%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Deribit

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

Funding pays, the price is against you. Deribit is 0.796% cheaper against Injective than usual: you would sell low and buy high (spread −0.796% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$80 on $10k: about 20 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XAU/USDC PERP	4,350.4	0.0033	pay 0.0004% / 1h	20m 41s	$619	$54	52x
Short	Deribit GOLD_USDC-PERPETUAL	4,315.8	0.0167	get 0.0021% / 1h	20m 41s	$162K	$876K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Injective. 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 InjectivebpFee DeribitbpOrdersPrice spread, now −0.796%Rate

Funding earned: $28.12
Price spread: −0.796% → 0.000%: −$79.58
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$58.48
Costs to cover: 0.070%
Break-even: 21.6 days

Slippage unknown: Injective: no order-book sample; Deribit: live order book, 18 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Deribit live order book, 18 min ago	0.12 bp	8.4 bp −$8	9.4 bp −$94	doesn't fit	doesn't fit

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	−0.865%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,321.5	−0.664%	$92K	$7.2M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,313.7	−0.844%	$269K	—	250x	as long as short
Injective XAU/USDC PERPlong	+0.0033%	1h	4,350.4	long leg	$619	$54	52x
StandX XAU-USD	+0.0040%	1h	4,319.8	−0.704%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,315.5	−0.803%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,349.3	−0.026%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,313.4	−0.851%	$290.9M	$51.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,313	−0.860%	$15.0M	$55.4M	25x	as long as short
Aster XAUUSD1	+0.0056%	4h	4,318.1	−0.744%	$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	4,317.9	−0.747%	$77.6M	$154.6M	150x	as long as short
Paradex XAU-USD-PERP	+0.0064%	8h	4,316.7	−0.776%	$2K	$14K	5x	as long as short
Lighter XAU	+0.0064%	1h	4,315.5	−0.803%	$20.3M	$30.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,313.1	−0.858%	$2.0M	$4.9M	25x	as long as short
Bluefin GOLD-PERP	+0.0076%	1h	4,310.3	−0.922%	$25K	$1K	20x	as long as short
Kalshi KXGOLDPERP	+0.0095%	24h	4,318.4	−0.736%	$3.6M	$45.0M	15x	as long as short
Variational Omni XAU	+0.0095%	4h	4,317.1	−0.766%	$47.1M	$29.1M	—	as long as short
Phoenix GOLD	+0.0096%	1h	4,315.6	−0.800%	$42K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,313.3	−0.853%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,315.5	−0.802%	$272K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,318	−0.746%	$20.0M	$39.7M	25x	as long as short
MEXC XAU_USDT	+0.0104%	4h	4,317.1	−0.767%	$364.3M	$334.2M	1000x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,316.7	−0.776%	$160K	$87	10x	as long as short
Binance XAUUSDT	+0.0106%	4h	4,316.9	−0.772%	$426.0M	$2.16B	100x	as long as short
Gate XAU_USDT	+0.0108%	4h	4,318.7	−0.729%	$283.4M	$422.9M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0108%	4h	4,315.9	−0.793%	$1.4M	$3.0M	25x	as long as short
edgeX XAUUSDC	+0.0124%	4h	4,311.9	−0.886%	$30.0M	$60.1M	50x	as long as short
Extended XAU-USD	+0.0128%	1h	4,313	−0.859%	$13.2M	$36.8M	25x	as long as short
Deribit GOLD_USDC-PERPETUALshort	+0.0167%	1h	4,315.8	−0.796%	$162K	$876K	25x
Bitget XAUUSDT	+0.0192%	4h	4,316.9	−0.771%	$70.2M	$120.7M	100x	as long as short
Bullet GOLD-USD	+0.0204%	1h	4,316.2	−0.786%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0219%	1h	4,317.4	−0.759%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,314.9	−0.816%	$574K	$138K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0271%	8h	4,317.6	−0.754%	$174.6M	$303.5M	100x	as long as short
BloFin XAU-USDT	+0.0346%	4h	4,317.3	−0.761%	$16.6M	$4.9M	100x	as long as short
Phemex XAUUSDT	+0.0416%	4h	4,317.4	−0.759%	$2.2M	$976K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0465% / S −0.0311%	1h	4,317.9	−0.748%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0492%	4h	4,323.7	−0.614%	$3.2M	$6.0M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,316.8	−0.772%	$4.5M	$13.3M	25x	as long as short