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
LONG4,159.5+0.0136pay 0.0017% / 1h26m 28s$821K$975K20xLong Popdex
SHORT4,156.2+0.0436get 0.0054% / 1h26m 28s$686K$587K25xShort Kraken Futures
Price gap−0.079%
Funding gap+0.0300% /8h

Funding trade: +$9 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$27+0.0300% /8h now · paid +0.269% over the last 7D
Price−$2spread −0.079% now, avg −0.063% → −0.015% if it goes back
Costs−$240.245% of $10k · taker + slippage, in and out

Price and funding

1h · loading 5m…
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.079%
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

2 ok · 2 to watch
  • OK: Fits both order books4.2 / 9.4 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $400
    Popdex 20x, Kraken Futures 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$8.99Long Popdex: 24 payments, −$4.08; short Kraken Futures: 24 payments, +$13.07.
  • Note: Gap at its usual level−0.079% vs −0.063%
    The price leg adds little either way.
  • Watch: Short leg is thinner$686K vs $821K OI
    Kraken Futures sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCPopdex No · Kraken Futures Yes
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0141%/8h × 21 periods+$29.65
Price spread−0.079% → −0.063% (7d avg)−$1.52
Slippage, 4 orderslive order books−$8.09
Fee Popdex bp × 2 orders−$6.40
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k+$3.64
Costs to cover0.245%Break-even6.1 days
Slippage: Popdex: live order book, 7 min ago; Kraken Futures: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex0.964.2 bp−$45.0 bp−$5033.5 bp−$3,348doesn’t fit
SELL · SHORTKraken Futures1.719.4 bp−$914.0 bp−$140doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

XAU news

posts that mention XAU or Gold, from every exchangeSearch all news →
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 ↗
09-29 08:55ApeX OmniOtherQuiet tape. S&P -0.8%, NASDAQ -0.9%, gold and oil barely moved. The 10y keeps grinding: 5.240%, another 13bp since Thursday. bitcoin:native $83,983 +1.3%, $ETH $2,712 +2.6%. $31M into spot ETFs, an eighth straight day. Fear and greed 73. @OfficialApeXdex on X ↗
09-28 20:36BingXOtherCore PCE takes center stage Wednesday 👀 A cooler print could lift gold, while a hotter one may boost USD and pressure stocks. Trade $XAU on BingX TradFi 👇 @BingXOfficial on X ↗
09-28 15:58BingXOtherGold fell over $115 today to its lowest level since August. Higher bond yields, a stronger dollar, and high oil prices are pushing the market down 👀 @BingXOfficial on X ↗