XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0019%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: Injective against QFEX+0.148%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. Injective is 0.148% dearer against QFEX than usual: you sell high and buy low (spread +0.148% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GOLD-USD	4,344	0.0052	pay 0.0006% / 1h	0m 48s	$5.5M	$1.9M	20x
Short	Injective XAU/USDC PERP	4,350.4	0.0033	get 0.0004% / 1h	0m 48s	$619	$54	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 QFEXbpFee InjectivebpOrdersPrice spread, now +0.148%Rate

Funding earned: −$3.89
Price spread: +0.148% → 0.000%: $14.78
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $0.87
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: QFEX: live order book, 3 min ago; Injective: no order-book sample. 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 QFEX live order book, 3 min ago	2.53 bp	7.5 bp −$8	7.5 bp −$75	8.7 bp −$874	13.9 bp −$6,950
Sell Injective no order-book sample	—	—	—	—	—

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	−0.0570%	1h	4,337	−0.161%	$26K	$21K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,344.1	+0.001%	$71.1M	$240.6M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,344.5	+0.011%	$411.5M	$2.11B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,345.1	+0.024%	$82.6M	$144.7M	150x	as long as short
Gate XAU_USDT	0.0000%	4h	4,346	+0.046%	$273.9M	$413.8M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,343.5	−0.012%	$371.4M	$350.9M	1000x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,345	+0.023%	$67.3M	$113.9M	100x	as long as short
Variational Omni XAU	0.0000%	4h	4,341.5	−0.056%	$47.8M	$33.8M	—	as long as short
GRVT XAU_USDT_Perp	0.0000%	4h	4,342	−0.046%	$1.4M	$3.3M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,342.4	−0.037%	$3.9M	$34.1M	15x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet GOLD-USD	0.0000%	1h	4,344.3	+0.007%	$59K	$84K	10x	as long as short
SunX XAU-USDT	0.0000%	4h	4,348.5	+0.104%	$92K	$10.9M	20x	as long as short
HTX XAU-USDT	0.0000%	4h	4,348.7	+0.109%	$2.8M	$3.8M	75x	as long as short
edgeX XAUUSDC	+0.0010%	4h	4,337.8	−0.143%	$30.2M	$58.0M	50x	as long as short
Lighter XAU	+0.0032%	1h	4,341.9	−0.048%	$20.7M	$46.8M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,344.3	+0.007%	$20.2M	$45.1M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,343.2	−0.019%	$13.2M	$50.6M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0032%	1h	4,340	−0.092%	$292.2M	$53.7M	25x	as long as short
Injective XAU/USDC PERPshort	+0.0033%	1h	4,350.4	+0.148%	$619	$54	52x
StandX XAU-USD	+0.0040%	1h	4,342.7	−0.030%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,381.9	+0.872%	—	$995K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,342.2	−0.041%	$4.3M	$2.3M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,342.7	−0.030%	$14.3M	$54.8M	25x	as long as short
Paradex XAU-USD-PERP	+0.0050%	8h	4,344.2	+0.005%	$19K	$6K	5x	as long as short
QFEX GOLD-USDlong	+0.0052%	1h	4,344	long leg	$5.5M	$1.9M	20x
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,340.6	−0.078%	$2.0M	$5.2M	25x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,342.6	−0.032%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,342.3	−0.039%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,343	−0.023%	$272K	$204K	50x	as long as short
Phoenix GOLD	+0.0109%	1h	4,343.4	−0.014%	$47K	$69K	25x	as long as short
Hotstuff GOLD-PERP	+0.0136%	1h	4,339.7	−0.099%	$33K	—	25x	as long as short
OKX XAU-USDT-SWAP	+0.0174%	8h	4,345.6	+0.037%	$158.1M	$274.8M	100x	as long as short
RISEx XAU/USDC	+0.0190%	1h	4,343.9	−0.002%	$3.4M	$12.6M	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,344.4	+0.009%	$14.8M	$4.3M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0333%	1h	4,341.9	−0.049%	$599K	$157K	25x	as long as short
Phemex XAUUSDT	+0.0389%	4h	4,344.8	+0.019%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0450% / S −0.0246%	1h	4,344.4	+0.009%	$251K	—	29x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0695%	1h	4,342.6	−0.032%	$221K	$878K	25x	as long as short