Funding you earn now, next payment 05:00 UTC+0.0171%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.055%
Price spread now: Deribit against StandX−0.051%47s7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.259% of the position
Funding, last 4 days (all we have)+0.715%+$71 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.051%, 7d avg −0.123%
=Together, before fees+0.678%+ Points / potential airdropStandX: Active · farm board+$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.072% dearer against StandX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.123%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX XAU-USD | 4,343.3 | 0.0040 | pay 0.0005% / 1h | 47m 25s | $3.8M | $4.5M | 40x |
| Short | Deribit GOLD_USDC-PERPETUAL | 4,341.1 | 0.0211 | get 0.0026% / 1h | 47m 25s | $205K | $826K | 25x |
StandX XAU-USD
Deribit GOLD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against StandX. 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
- $35.9
- Price spread: −0.051% → −0.123%
- $7.23
- Slippage, 4 orders
- −$10.87
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $17.25
- Costs to cover
- 0.259%
- Break-even
- 3.6 days
Slippage from StandX: live order book, 2 min ago; Deribit: live order book, 6 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 StandX live order book, 2 min ago | 1.84 bp | 5.8 bp −$6 | 6.4 bp −$64 | 8.9 bp −$893 | 10.4 bp −$5,220 |
| Sell Deribit live order book, 6 min ago | 0.12 bp | 8.4 bp −$8 | 9.1 bp −$91 | doesn't fit | doesn't fit |
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 | 4,346.6 | +0.077% | $92K | $8.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,338.8 | −0.103% | $271K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0005% | 1h | 4,342.6 | −0.016% | $3.5M | $12.1M | 25x | as long as short |
| Bluefin GOLD-PERP | +0.0012% | 1h | 4,335.8 | −0.174% | $25K | $14K | 20x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,343.9 | +0.013% | $20.0M | $39.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,338.9 | −0.102% | $13.3M | $37.9M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.164% | $619 | $54 | 52x | as long as short |
| StandX XAU-USDlong | +0.0040% | 1h | 4,343.3 | long leg | $3.8M | $4.5M | 40x | |
| QFEX GOLD-USD | +0.0042% | 1h | 4,342.1 | −0.028% | $5.7M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,375.2 | +0.734% | — | $1.0M | 25x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Bluefin GOLD-PERP
Lighter RH XAU
Extended XAU-USD
Injective XAU/USDC PERP
QFEX GOLD-USD
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XAU | +0.0048% | 1h | 4,341.8 | −0.035% | $20.8M | $34.5M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,339.8 | −0.081% | $293.5M | $49.0M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,339.4 | −0.090% | $15.1M | $56.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0051% | 24h | 4,338.8 | −0.104% | $4.3M | $37.5M | 15x | as long as short |
| Gate XAU_USDT | +0.0052% | 4h | 4,344.5 | +0.027% | $267.9M | $411.7M | 100x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,340.1 | −0.074% | $2.1M | $4.8M | 25x | as long as short |
| Bybit XAUUSDT | +0.0058% | 4h | 4,343.7 | +0.010% | $80.5M | $150.6M | 150x | as long as short |
| Aster XAUUSD1 | +0.0074% | 4h | 4,344.2 | +0.020% | $71.5M | $332.5M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0082% | 8h | 4,342.6 | −0.017% | $19K | $5K | 5x | as long as short |
| Variational Omni XAU | +0.0082% | 4h | 4,340.8 | −0.057% | $48.4M | $27.6M | — | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,343.1 | −0.004% | $372.5M | $317.5M | 1000x | as long as short |
| Binance XAUUSDT | +0.0099% | 4h | 4,343 | −0.006% | $415.0M | $2.09B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,339.3 | −0.092% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,337 | −0.146% | $274K | $203K | 50x | as long as short |
| edgeX XAUUSDC | +0.0101% | 4h | 4,336.2 | −0.164% | $30.2M | $58.3M | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,341.7 | −0.037% | $161K | $87 | 10x | as long as short |
| Hotstuff GOLD-PERP | +0.0112% | 1h | 4,339.6 | −0.085% | $33K | — | 25x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,338.3 | −0.115% | $47K | $77K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0166% | 4h | 4,341.6 | −0.038% | $1.4M | $2.9M | 25x | as long as short |
| Phemex XAUUSDT | +0.0196% | 4h | 4,343.9 | +0.015% | $2.2M | $967K | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUALshort | +0.0211% | 1h | 4,341.1 | −0.051% | $205K | $826K | 25x | |
| Bullet GOLD-USD | +0.0214% | 1h | 4,343 | −0.006% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0218% | 1h | 4,343 | −0.007% | $4.3M | $2.0M | 20x | as long as short |
| Bitget XAUUSDT | +0.0242% | 4h | 4,343.2 | −0.003% | $71.1M | $109.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,339.7 | −0.082% | $592K | $132K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0315% | 8h | 4,344.7 | +0.032% | $166.3M | $281.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0349% | 4h | 4,341.7 | −0.036% | $15.6M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0426% / S −0.0251% | 1h | 4,343.1 | −0.004% | $250K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0527% | 4h | 4,346 | +0.061% | $2.8M | $4.6M | 75x | as long as short |
Lighter XAU
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Kalshi KXGOLDPERP
Gate XAU_USDT
Coinbase International GOLD-PERP-INTX
Bybit XAUUSDT
Aster XAUUSD1
Paradex XAU-USD-PERP
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
edgeX XAUUSDC
Aevo XAU-PERP
Hotstuff GOLD-PERP
Phoenix GOLD
GRVT XAU_USDT_Perp
Phemex XAUUSDT
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Bitget XAUUSDT
Kraken Futures PF_XAUUSD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT