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
LONG4,183.3+0.0048pay 0.0006% / 1h1m 44s$806K$1.1M20xLong Popdex
SHORT4,174.8+0.0011get 0.0006% / 4h3h 01m$29.1M$54.1M50xShort edgeX
Price gap−0.204%
Funding gap−0.0037% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.056% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$2−0.0037% /8h now · paid +0.016% over the last 7D
Price−$6spread −0.204% now, avg −0.149% → −0.056% if it goes back
Costs−$170.173% of $10k · taker + slippage, in and out
Result−$21−0.21%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.204%
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 · 3 to watch
  • OK: Fits both order books3.8 / 4.9 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $200
    Popdex 20x, edgeX 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$1.10Long Popdex: 24 payments, −$1.44; short edgeX: 6 payments, +$0.34.
  • Watch: Gap narrower than usual−0.204% vs −0.149%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$806K vs $29.1M OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · edgeX 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+0.0008%/8h × 21 periods+$1.62
Price spread−0.204% → −0.149% (7d avg)−$5.57
Slippage, 4 orderslive order books−$1.91
Fee Popdex bp × 2 orders−$6.40
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$21.26
Costs to cover0.173%Break-even98.8 days
Slippage: Popdex: live order book, 4 min ago; edgeX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex0.603.8 bp−$44.2 bp−$4216.7 bp−$1,669doesn’t fit
SELL · SHORTedgeX0.364.9 bp−$54.9 bp−$497.9 bp−$79436.3 bp−$18.1K

Closing costs about the same again.

Alert

XAU news

posts that mention XAU or Gold, from every exchangeSearch all news →
10-01 04:01HTXOther10 Trades, 3 Highlights:👀 $BTC → 9 straight days of inflows $XAU → Safe-haven bid getting stronger $SOL → $188M in ETF inflows this week What's the ticker? Trade it 24/7 on @HTXFutures. @HTX_Global on X ↗
10-01 02:30KalshiOtherJUST IN: McDonald's Canada giving away 10-karat gold Quarter Pounder worth almost $15,000 in Monopoly game @Kalshi on X ↗
09-30 18:40HotstuffListingGOLD-PERP no longer reported ($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 ↗