XAU

Alert: funding

Alert: spread

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: Extended against Injective−0.155%80s7-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 Extended

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.155% cheaper against Injective than usual: you would sell low and buy high, −$15 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	Injective XAU/USDC PERP	4,350.4	0.0033	pay 0.0004% / 1h	8m 07s	$619	$54	52x
Short	Extended XAU-USD	4,343.7	0.0032	get 0.0004% / 1h	8m 07s	$13.2M	$50.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now −0.155%Rate

Funding earned: −$0.28
Price spread: −0.155% → 0.000%: −$15.46
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$20.76
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Extended: live order book, 1 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 Extended live order book, 1 min ago	0.12 bp	2.6 bp −$3	4.2 bp −$42	8.7 bp −$873	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 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	−0.0462%	1h	4,334.7	−0.361%	$26K	$21K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,344.8	−0.130%	$71.1M	$241.0M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,342	−0.193%	$411.2M	$2.12B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,342.3	−0.187%	$82.6M	$144.9M	150x	as long as short
Gate XAU_USDT	0.0000%	4h	4,343.4	−0.163%	$273.2M	$413.5M	100x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,342.3	−0.186%	$67.1M	$114.1M	100x	as long as short
GRVT XAU_USDT_Perp	0.0000%	4h	4,342.3	−0.187%	$1.4M	$3.3M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,341.8	−0.198%	$3.9M	$34.1M	15x	as long as short
Bullet GOLD-USD	0.0000%	1h	4,342.1	−0.191%	$58K	$84K	10x	as long as short
SunX XAU-USDT	0.0000%	4h	4,346.3	−0.095%	$92K	$10.9M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XAU_USDT	+0.0006%	4h	4,341.6	−0.204%	$372.7M	$350.3M	1000x	as long as short
HTX XAU-USDT	+0.0009%	4h	4,346.2	−0.097%	$2.8M	$3.8M	75x	as long as short
Variational Omni XAU	+0.0016%	4h	4,342	−0.193%	$47.8M	$34.0M	—	as long as short
BloFin XAU-USDT	+0.0025%	4h	4,342.1	−0.191%	$14.8M	$4.3M	100x	as long as short
Lighter XAU	+0.0032%	1h	4,340.8	−0.221%	$20.7M	$46.8M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,343.5	−0.160%	$20.2M	$45.1M	25x	as long as short
Extended XAU-USDshort	+0.0032%	1h	4,343.7	−0.155%	$13.2M	$50.9M	25x
Injective XAU/USDC PERPlong	+0.0033%	1h	4,350.4	long leg	$619	$54	52x
StandX XAU-USD	+0.0040%	1h	4,343.3	−0.164%	$3.8M	$4.7M	40x	as long as short
edgeX XAUUSDC	+0.0045%	4h	4,338.3	−0.278%	$30.2M	$58.0M	50x	as long as short
Vest GC-PERP	+0.0046%	1h	4,382	+0.726%	—	$995K	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,339.5	−0.251%	$293.0M	$52.6M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,341.6	−0.203%	$4.3M	$2.3M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,341.1	−0.215%	$14.5M	$54.6M	25x	as long as short
Paradex XAU-USD-PERP	+0.0051%	8h	4,342.2	−0.189%	$19K	$6K	5x	as long as short
QFEX GOLD-USD	+0.0052%	1h	4,342.5	−0.182%	$5.5M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,338.1	−0.283%	$2.0M	$5.2M	25x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,341.8	−0.198%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,341.5	−0.206%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,340.4	−0.231%	$272K	$204K	50x	as long as short
Phoenix GOLD	+0.0109%	1h	4,343.5	−0.159%	$47K	$69K	25x	as long as short
Hotstuff GOLD-PERP	+0.0160%	1h	4,339.5	−0.251%	$33K	—	25x	as long as short
RISEx XAU/USDC	+0.0190%	1h	4,342	−0.193%	$3.4M	$12.6M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0195%	8h	4,342.5	−0.182%	$157.9M	$275.0M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0333%	1h	4,339	−0.261%	$599K	$140K	25x	as long as short
Phemex XAUUSDT	+0.0413%	4h	4,344.8	−0.129%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0495% / S −0.0311%	1h	4,342	−0.193%	$251K	—	29x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0696%	1h	4,339.8	−0.244%	$221K	$884K	25x	as long as short