Funding you earn now, next payment 05:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h −0.023%
Price spread now: Injective against RISEx+0.122%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.122% dearer against RISEx than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAU/USDC | 4,345.1 | 0.0005 | pay 0.0001% / 1h | 19m 04s | $3.9M | $12.4M | 25x |
| Short | Injective XAU/USDC PERP | 4,350.4 | 0.0033 | get 0.0004% / 1h | 19m 04s | $619 | $54 | 52x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against RISEx. 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
- $5.96
- Price spread: +0.122% → 0.000%
- $12.24
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $12.17
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: RISEx: live order book, 5 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 RISEx live order book, 5 min ago | 0.01 bp | 5.8 bp −$6 | 6.4 bp −$64 | 34.1 bp −$3,411 | doesn't fit |
| 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 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,349.1 | +0.093% | $92K | $8.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,340.5 | −0.106% | $272K | — | 250x | as long as short |
| RISEx XAU/USDClong | +0.0005% | 1h | 4,345.1 | long leg | $3.9M | $12.4M | 25x | |
| Bluefin GOLD-PERP | +0.0015% | 1h | 4,338.3 | −0.157% | $25K | $14K | 20x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,340.6 | −0.103% | $13.3M | $37.2M | 25x | as long as short |
| Bybit XAUUSDT | +0.0033% | 4h | 4,345.4 | +0.006% | $79.9M | $152.1M | 150x | as long as short |
| Injective XAU/USDC PERPshort | +0.0033% | 1h | 4,350.4 | +0.122% | $619 | $54 | 52x | |
| StandX XAU-USD | +0.0040% | 1h | 4,344.6 | −0.012% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,344.2 | −0.021% | $5.6M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,377.4 | +0.743% | — | $1.0M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,341.3 | −0.088% | $293.7M | $49.2M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,341.9 | −0.073% | $15.0M | $56.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0051% | 24h | 4,342.9 | −0.051% | $4.3M | $37.5M | 15x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,343.7 | −0.033% | $20.7M | $34.7M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,341.4 | −0.085% | $2.1M | $4.8M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0060% | 8h | 4,344.7 | −0.010% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0072% | 1h | 4,346.1 | +0.022% | $20.2M | $40.0M | 25x | as long as short |
| Gate XAU_USDT | +0.0090% | 4h | 4,346.1 | +0.022% | $268.7M | $417.7M | 100x | as long as short |
| Aster XAUUSD1 | +0.0092% | 4h | 4,346.4 | +0.029% | $71.5M | $331.8M | 20x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,341.1 | −0.092% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,340.8 | −0.098% | $274K | $203K | 50x | as long as short |
| Hotstuff GOLD-PERP | +0.0104% | 1h | 4,340.9 | −0.097% | $33K | — | 25x | as long as short |
| Variational Omni XAU | +0.0104% | 4h | 4,343.9 | −0.027% | $48.3M | $27.5M | — | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,343.8 | −0.031% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,344.7 | −0.010% | $371.7M | $320.6M | 1000x | as long as short |
| Binance XAUUSDT | +0.0119% | 4h | 4,344.7 | −0.010% | $418.5M | $2.09B | 100x | as long as short |
| edgeX XAUUSDC | +0.0129% | 4h | 4,340.2 | −0.114% | $30.2M | $58.2M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,340.5 | −0.106% | $47K | $77K | 25x | as long as short |
| Phemex XAUUSDT | +0.0151% | 4h | 4,347.3 | +0.050% | $2.2M | $967K | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0182% | 4h | 4,344.6 | −0.012% | $1.4M | $2.9M | 25x | as long as short |
| Bullet GOLD-USD | +0.0211% | 1h | 4,344.8 | −0.007% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0213% | 1h | 4,344.6 | −0.012% | $4.3M | $2.0M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0234% | 1h | 4,343.1 | −0.046% | $205K | $826K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,341.6 | −0.080% | $592K | $132K | 25x | as long as short |
| Bitget XAUUSDT | +0.0266% | 4h | 4,345.1 | −0.001% | $71.0M | $109.2M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0326% | 8h | 4,345.5 | +0.009% | $167.2M | $282.3M | 100x | as long as short |
| BloFin XAU-USDT | +0.0359% | 4h | 4,345 | −0.003% | $15.7M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0427% / S −0.0252% | 1h | 4,344.8 | −0.007% | $250K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0539% | 4h | 4,348.2 | +0.071% | $2.8M | $4.6M | 75x | as long as short |
RISEx XAU/USDC
Injective XAU/USDC PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bluefin GOLD-PERP
Extended XAU-USD
Bybit XAUUSDT
StandX XAU-USD
tradeXYZ xyz:GOLD
Kalshi KXGOLDPERP
Lighter XAU
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Lighter RH XAU
Gate XAU_USDT
Aster XAUUSD1
Pacifica XAU
ApeX Omni XAUUSDT
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Phoenix GOLD
Phemex XAUUSDT
GRVT XAU_USDT_Perp
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT