Funding you earn now, next payment 00:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h −0.014%
Price spread now: Aster against OKX+0.040%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.040%, 7d avg −0.005%
=Together, before fees−0.029%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.045% dearer against OKX than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.005%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.002% in total) that is about 5 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XAU-USDT-SWAP | 4,343.5 | 0.0208 | pay 0.0208% / 8h | 2h 12m | $157.9M | $275.3M | 100x |
| Short | Aster XAUUSD1 | 4,345.3 | 0 | get 0.0000% / 4h | 2h 12m | $70.8M | $241.0M | 20x |
OKX XAU-USDT-SWAP
Aster XAUUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- −$43.68
- Price spread: +0.040% → −0.005%
- $4.54
- Slippage, 4 orders
- −$0.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$57.4
- Costs to cover
- 0.183%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Aster: live order book, 2 min ago.
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 OKX live order book, 2 min ago | 0.12 bp | 5.1 bp −$5 | 6.5 bp −$65 | 10.4 bp −$1,039 | 25.8 bp −$12.9K |
| Sell Aster live order book, 2 min ago | 0.01 bp | 4.0 bp −$4 | 4.0 bp −$40 | 20.7 bp −$2,074 | doesn't fit |
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 | −0.0379% | 1h | 4,334.7 | −0.202% | $26K | $21K | 20x | as long as short |
| Aster XAUUSD1short | 0.0000% | 4h | 4,345.3 | +0.040% | $70.8M | $241.0M | 20x | |
| Bybit XAUUSDT | 0.0000% | 4h | 4,342.5 | −0.024% | $82.6M | $144.9M | 150x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,343.4 | −0.001% | $273.2M | $413.4M | 100x | as long as short |
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,344.7 | +0.028% | $1.4M | $3.3M | 25x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,341.4 | −0.048% | $3.9M | $34.1M | 15x | as long as short |
| Bullet GOLD-USD | 0.0000% | 1h | 4,342.2 | −0.030% | $58K | $84K | 10x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,346.4 | +0.067% | $92K | $10.9M | 20x | as long as short |
| Bitget XAUUSDT | +0.0018% | 4h | 4,342.6 | −0.022% | $67.1M | $114.0M | 100x | as long as short |
| Binance XAUUSDT | +0.0025% | 4h | 4,342.2 | −0.031% | $415.5M | $2.12B | 100x | as long as short |
Bluefin GOLD-PERP
Bybit XAUUSDT
Gate XAU_USDT
GRVT XAU_USDT_Perp
Kalshi KXGOLDPERP
Bullet GOLD-USD
SunX XAU-USDT
Bitget XAUUSDT
Binance XAUUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAU_USDT | +0.0028% | 4h | 4,340.8 | −0.062% | $372.9M | $349.5M | 1000x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,341.2 | −0.054% | $20.7M | $46.8M | 25x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,344 | +0.011% | $20.2M | $45.0M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,344.1 | +0.014% | $13.2M | $51.0M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.159% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,343.8 | +0.007% | $3.8M | $4.7M | 40x | as long as short |
| Variational Omni XAU | +0.0046% | 4h | 4,343.7 | +0.004% | $47.8M | $34.0M | — | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,382.3 | +0.893% | — | $995K | 25x | as long as short |
| HTX XAU-USDT | +0.0047% | 4h | 4,346.2 | +0.062% | $2.8M | $3.8M | 75x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,339.7 | −0.087% | $293.1M | $52.7M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,342.1 | −0.032% | $4.3M | $2.3M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,341.1 | −0.056% | $14.8M | $54.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0051% | 8h | 4,342.6 | −0.020% | $19K | $6K | 5x | as long as short |
| QFEX GOLD-USD | +0.0052% | 1h | 4,342.5 | −0.023% | $5.5M | $1.9M | 20x | as long as short |
| edgeX XAUUSDC | +0.0066% | 4h | 4,338.8 | −0.108% | $30.2M | $57.7M | 50x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,338.1 | −0.124% | $2.0M | $5.2M | 25x | as long as short |
| Aevo XAU-PERP | +0.0088% | 1h | 4,342 | −0.035% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,341.7 | −0.041% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,337.3 | −0.142% | $272K | $204K | 50x | as long as short |
| Phoenix GOLD | +0.0109% | 1h | 4,343.5 | 0.000% | $47K | $69K | 25x | as long as short |
| BloFin XAU-USDT | +0.0165% | 4h | 4,344.2 | +0.016% | $14.8M | $4.3M | 100x | as long as short |
| Hotstuff GOLD-PERP | +0.0184% | 1h | 4,339.8 | −0.085% | $33K | — | 25x | as long as short |
| RISEx XAU/USDC | +0.0190% | 1h | 4,343 | −0.012% | $3.4M | $12.6M | 25x | as long as short |
| OKX XAU-USDT-SWAPlong | +0.0208% | 8h | 4,343.5 | long leg | $157.9M | $275.3M | 100x | |
| Kraken Futures PF_XAUUSD | +0.0333% | 1h | 4,338.9 | −0.105% | $599K | $139K | 25x | as long as short |
| Phemex XAUUSDT | +0.0422% | 4h | 4,345.8 | +0.053% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0495% / S −0.0311% | 1h | 4,342.1 | −0.031% | $251K | — | 29x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0903% | 1h | 4,340.9 | −0.060% | $221K | $885K | 25x | as long as short |
MEXC XAU_USDT
Lighter XAU
Lighter RH XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Variational Omni XAU
Vest GC-PERP
HTX XAU-USDT
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Ondo Perps XAU-USD.P
Paradex XAU-USD-PERP
QFEX GOLD-USD
edgeX XAUUSDC
Coinbase International GOLD-PERP-INTX
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Phoenix GOLD
BloFin XAU-USDT
Hotstuff GOLD-PERP
RISEx XAU/USDC
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
Deribit GOLD_USDC-PERPETUAL