Funding you earn now, next payment 07:00 UTC+0.0151%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h +0.017%
Price spread now: RISEx against Injective−0.581%7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Funding pays, the price is against you. RISEx is 0.581% cheaper against Injective than usual: you would sell low and buy high (spread −0.581% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$58 on $10k: about 13 days of funding at the current rate (+$5 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 | 18m 12s | $619 | $54 | 52x |
| Short | RISEx XAU/USDC | 4,325.2 | 0.0184 | get 0.0023% / 1h | 18m 12s | $4.1M | $12.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Injective. 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
- $31.7
- Price spread: −0.581% → 0.000%
- −$58.09
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$32.4
- Costs to cover
- 0.060%
- Break-even
- 14.2 days
Slippage unknown: Injective: no order-book sample; RISEx: 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 RISEx live order book, 1 min ago | 1.02 bp | 4.0 bp −$4 | 4.2 bp −$42 | 43.9 bp −$4,390 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0062% | 1h | 4,316.5 | −0.780% | $25K | $1K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,327.1 | −0.536% | $92K | $7.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,319.8 | −0.705% | $270K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0016% | 1h | 4,319.3 | −0.715% | $32K | — | 25x | as long as short |
| Bybit XAUUSDT | +0.0020% | 4h | 4,324.6 | −0.594% | $77.3M | $154.4M | 150x | 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 | 4,323.4 | −0.621% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,322 | −0.653% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,355.1 | +0.108% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,319.6 | −0.708% | $291.5M | $51.3M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,318.6 | −0.731% | $15.0M | $55.5M | 25x | as long as short |
| Aster XAUUSD1 | +0.0066% | 4h | 4,325.2 | −0.581% | $72.5M | $274.5M | 20x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,322.6 | −0.639% | $20.3M | $30.7M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,319.1 | −0.720% | $2.1M | $4.9M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0078% | 8h | 4,322 | −0.652% | $2K | $14K | 5x | as long as short |
| Kalshi KXGOLDPERP | +0.0079% | 24h | 4,324 | −0.607% | $3.8M | $43.9M | 15x | as long as short |
| GRVT XAU_USDT_Perp | +0.0086% | 4h | 4,323.2 | −0.625% | $1.4M | $3.0M | 25x | as long as short |
| Variational Omni XAU | +0.0093% | 4h | 4,322.6 | −0.640% | $47.3M | $28.8M | — | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,323.9 | −0.611% | $367.9M | $332.1M | 1000x | as long as short |
| Phoenix GOLD | +0.0100% | 1h | 4,319.2 | −0.718% | $47K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,319.4 | −0.713% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,319.8 | −0.705% | $272K | $208K | 50x | as long as short |
| Binance XAUUSDT | +0.0100% | 4h | 4,323.7 | −0.615% | $423.2M | $2.13B | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,322.5 | −0.641% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0116% | 4h | 4,318.4 | −0.737% | $30.0M | $59.7M | 50x | as long as short |
| Gate XAU_USDT | +0.0118% | 4h | 4,325.1 | −0.582% | $282.4M | $421.3M | 100x | as long as short |
| Lighter RH XAU | +0.0120% | 1h | 4,324.9 | −0.587% | $19.9M | $39.1M | 25x | as long as short |
| Extended XAU-USD | +0.0120% | 1h | 4,319.2 | −0.717% | $12.9M | $37.0M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0153% | 1h | 4,320.6 | −0.685% | $577K | $146K | 25x | as long as short |
| RISEx XAU/USDCshort | +0.0184% | 1h | 4,325.2 | −0.581% | $4.1M | $12.8M | 25x | |
| Bullet GOLD-USD | +0.0184% | 1h | 4,323.4 | −0.621% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0214% | 1h | 4,323.2 | −0.626% | $4.3M | $1.9M | 20x | as long as short |
| Bitget XAUUSDT | +0.0222% | 4h | 4,323.3 | −0.624% | $67.6M | $118.3M | 100x | as long as short |
| HTX XAU-USDT | +0.0268% | 4h | 4,327.7 | −0.523% | $3.0M | $5.4M | 75x | as long as short |
| OKX XAU-USDT-SWAP | +0.0302% | 8h | 4,324.5 | −0.596% | $172.6M | $299.5M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0306% | 1h | 4,322.3 | −0.646% | $191K | $837K | 25x | as long as short |
| Phemex XAUUSDT | +0.0327% | 4h | 4,325.6 | −0.571% | $2.2M | $967K | 100x | as long as short |
| BloFin XAU-USDT | +0.0339% | 4h | 4,322.9 | −0.633% | $16.2M | $4.6M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0461% / S −0.0307% | 1h | 4,323.6 | −0.615% | $252K | — | 111x | as long as short |
Injective XAU/USDC PERP
RISEx XAU/USDC
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
StandX XAU-USD
tradeXYZ xyz:GOLD
Aster XAUUSD1
Lighter XAU
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Kalshi KXGOLDPERP
GRVT XAU_USDT_Perp
Variational Omni XAU
MEXC XAU_USDT
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Binance XAUUSDT
edgeX XAUUSDC
Gate XAU_USDT
Lighter RH XAU
Extended XAU-USD
Kraken Futures PF_XAUUSD
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Bitget XAUUSDT
HTX XAU-USDT
OKX XAU-USDT-SWAP
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]