Funding you earn now, next payment 00:00 UTC+0.0157%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.028%
Price spread now: GMX against StandX+0.101%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.089%+$9 on $10k
+Price spread, last 3 days (all we have)−0.075%−$7 · spread now +0.101%, 7d avg −0.003%
=Together, before fees+0.015%+ Points / potential airdropStandX: Active · farm board+$1 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 GMX is 0.104% dearer against StandX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX XAU-USD | 4,369.2 | 0.0040 | pay 0.0005% / 1h | 17m 58s | $3.8M | $4.7M | 40x |
| Short | GMX GOLD/USD [ETH-USDC] | 4,373.6 | L +0.0389% / S −0.0197% | get 0.0025% / 1h | 17m 58s | $252K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $32.88
- Price spread: +0.101% → −0.003%
- $10.37
- Slippage, 4 orders
- no order book: not counted
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $23.24
- Costs to cover
- 0.200%
- Break-even
- 2.1 days
Slippage unknown: StandX: live order book, 1 min ago; GMX: 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 StandX live order book, 1 min ago | 3.20 bp | 7.4 bp −$7 | 7.9 bp −$79 | 10.7 bp −$1,073 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0223% | 1h | 4,366 | −0.073% | $26K | $22K | 20x | as long as short |
| Phoenix GOLD | −0.0004% | 1h | 4,363.7 | −0.126% | $48K | $65K | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,372.9 | +0.084% | $71.7M | $225.1M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,371.8 | +0.059% | $410.6M | $2.14B | 100x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,372.1 | +0.067% | $82.6M | $142.5M | 150x | as long as short |
| RISEx XAU/USDC | 0.0000% | 1h | 4,373.8 | +0.106% | $3.4M | $12.3M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,372.3 | +0.070% | $267.5M | $416.9M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,371.8 | +0.059% | $375.5M | $324.0M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,371.5 | +0.051% | $69.6M | $113.4M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,366.6 | −0.060% | $48.5M | $30.2M | — | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,364.9 | −0.098% | $1.4M | $3.1M | 25x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,370.5 | +0.030% | $4.0M | $36.2M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,378 | +0.202% | $93K | $10.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,370.1 | +0.022% | $268K | — | 250x | as long as short |
| edgeX XAUUSDC | +0.0008% | 4h | 4,359.1 | −0.232% | $30.3M | $58.8M | 50x | as long as short |
| QFEX GOLD-USD | +0.0032% | 1h | 4,372 | +0.064% | $5.5M | $1.9M | 20x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.430% | $619 | $54 | 52x | as long as short |
| Lighter XAU | +0.0040% | 1h | 4,372.5 | +0.075% | $20.8M | $44.9M | 25x | as long as short |
| StandX XAU-USDlong | +0.0040% | 1h | 4,369.2 | long leg | $3.8M | $4.7M | 40x | |
| Vest GC-PERP | +0.0046% | 1h | 4,407.3 | +0.872% | — | $1.0M | 25x | as long as short |
| Lighter RH XAU | +0.0048% | 1h | 4,373.9 | +0.107% | $20.2M | $42.2M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,367.9 | −0.030% | $294.1M | $52.4M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,370.3 | +0.024% | $14.6M | $57.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0054% | 8h | 4,373.1 | +0.090% | $19K | $5K | 5x | as long as short |
| Extended XAU-USD | +0.0056% | 1h | 4,368.2 | −0.023% | $13.1M | $45.5M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0056% | 1h | 4,369.6 | +0.009% | $33K | — | 25x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,373.1 | +0.089% | $162K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,369.9 | +0.016% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,362.3 | −0.158% | $277K | $204K | 50x | as long as short |
| Polymarket Perps GOLD-USD | +0.0102% | 1h | 4,373.2 | +0.092% | $4.3M | $1.8M | 20x | as long as short |
| Bullet GOLD-USD | +0.0106% | 1h | 4,373.6 | +0.100% | $59K | $81K | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0152% | 1h | 4,370.1 | +0.021% | $2.0M | $5.1M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0162% | 8h | 4,372.7 | +0.080% | $158.6M | $275.4M | 100x | as long as short |
| HTX XAU-USDT | +0.0174% | 4h | 4,378.5 | +0.212% | $2.8M | $3.7M | 75x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0208% | 1h | 4,372.1 | +0.066% | $236K | $736K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0219% | 1h | 4,371.2 | +0.045% | $603K | $136K | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,369.5 | +0.007% | $14.8M | $4.5M | 100x | as long as short |
| Phemex XAUUSDT | +0.0308% | 4h | 4,372.3 | +0.072% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC]short | L +0.0389% / S −0.0197% | 1h | 4,373.6 | +0.101% | $252K | — | 111x |
StandX XAU-USD
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
Phoenix GOLD
Aster XAUUSD1
Binance XAUUSDT
Bybit XAUUSDT
RISEx XAU/USDC
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
Variational Omni XAU
GRVT XAU_USDT_Perp
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
edgeX XAUUSDC
Injective XAU/USDC PERP
Lighter XAU
Lighter RH XAU
tradeXYZ xyz:GOLD
Paradex XAU-USD-PERP
Extended XAU-USD
Pacifica XAU
ApeX Omni XAUUSDT
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Coinbase International GOLD-PERP-INTX
OKX XAU-USDT-SWAP
HTX XAU-USDT
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Phemex XAUUSDT