Funding you earn now, next payment 03:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: tradeXYZ against StandX−0.191%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days+0.146%+$15 · spread now −0.191%, 7d avg −0.103%
=Together, before fees+0.192%+ Points / potential airdropStandX: Active · tradeXYZ: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.088% cheaper against StandX than usual: you would sell low and buy high (spread −0.191% now, against its 7-day average of −0.103%). If the spread goes back, that is −$9 on $10k: about 29 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.046% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX XAU-USD | 4,354.8 | 0.0040 | pay 0.0005% / 1h | 50m 59s | $3.8M | $4.6M | 40x |
| Short | tradeXYZ xyz:GOLD | 4,346.5 | 0.0050 | get 0.0006% / 1h | 50m 59s | $293.4M | $48.6M | 25x |
StandX XAU-USD
tradeXYZ xyz:GOLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $2.1
- Price spread: −0.191% → −0.103%
- −$8.79
- Slippage, 4 orders
- −$6.84
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$39.54
- Costs to cover
- 0.328%
- Break-even
- 138.8 days
Slippage from StandX: live order book, 3 min ago; tradeXYZ: live order book, 9 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, 3 min ago | 1.84 bp | 6.7 bp −$7 | 7.1 bp −$71 | 10.4 bp −$1,045 | 12.5 bp −$6,264 |
| Sell tradeXYZ live order book, 9 min ago | 0.12 bp | 9.2 bp −$9 | 10.1 bp −$101 | 11.8 bp −$1,180 | doesn't fit |
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 | −0.0103% | 1h | 4,343.3 | −0.265% | $25K | $14K | 20x | as long as short |
| Hotstuff GOLD-PERP | 0.0000% | 1h | 4,347.9 | −0.158% | $33K | — | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,351.2 | −0.084% | $264.3M | $405.7M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,351.9 | −0.066% | $92K | $9.4M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,344.4 | −0.238% | $269K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,348.9 | −0.137% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,345.2 | −0.219% | $13.6M | $40.4M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.101% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0037% | 24h | 4,346.5 | −0.191% | $4.1M | $36.2M | 15x | as long as short |
| StandX XAU-USDlong | +0.0040% | 1h | 4,354.8 | long leg | $3.8M | $4.6M | 40x |
Bluefin GOLD-PERP
Hotstuff GOLD-PERP
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,382.1 | +0.627% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,348.4 | −0.147% | $5.6M | $1.9M | 20x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,348.2 | −0.151% | $20.6M | $41.9M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,344.6 | −0.234% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLDshort | +0.0050% | 1h | 4,346.5 | −0.191% | $293.4M | $48.6M | 25x | |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,345 | −0.225% | $15.1M | $57.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0061% | 4h | 4,350.9 | −0.089% | $70.1M | $329.1M | 20x | as long as short |
| Lighter RH XAU | +0.0072% | 1h | 4,350.7 | −0.094% | $20.1M | $39.3M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,349.7 | −0.118% | $19K | $5K | 5x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,346.9 | −0.181% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,350.6 | −0.096% | $275K | $203K | 50x | as long as short |
| Variational Omni XAU | +0.0102% | 4h | 4,347.9 | −0.159% | $48.3M | $27.9M | — | as long as short |
| Polymarket Perps GOLD-USD | +0.0103% | 1h | 4,346.7 | −0.186% | $4.3M | $1.9M | 20x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,348.1 | −0.154% | $161K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0116% | 4h | 4,349.6 | −0.120% | $410.3M | $2.09B | 100x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,349.6 | −0.120% | $371.5M | $315.5M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0132% | 4h | 4,353.6 | −0.028% | $1.4M | $3.0M | 25x | as long as short |
| edgeX XAUUSDC | +0.0136% | 4h | 4,348.4 | −0.147% | $30.3M | $58.7M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,352 | −0.064% | $47K | $77K | 25x | as long as short |
| Bullet GOLD-USD | +0.0194% | 1h | 4,348.2 | −0.152% | $59K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0206% | 4h | 4,350.6 | −0.096% | $83.9M | $145.0M | 150x | as long as short |
| Bitget XAUUSDT | +0.0210% | 4h | 4,350 | −0.111% | $69.6M | $109.2M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0249% | 8h | 4,351.1 | −0.085% | $164.7M | $282.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,345.4 | −0.216% | $593K | $133K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0279% | 1h | 4,347.6 | −0.165% | $259K | $702K | 25x | as long as short |
| Phemex XAUUSDT | +0.0332% | 4h | 4,352.3 | −0.056% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0398% / S −0.0207% | 1h | 4,348.7 | −0.140% | $251K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0606% | 4h | 4,353.1 | −0.039% | $2.8M | $4.2M | 75x | as long as short |
Vest GC-PERP
QFEX GOLD-USD
Lighter XAU
Coinbase International GOLD-PERP-INTX
Ondo Perps XAU-USD.P
Aster XAUUSD1
Lighter RH XAU
Paradex XAU-USD-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Variational Omni XAU
Polymarket Perps GOLD-USD
Aevo XAU-PERP
Binance XAUUSDT
MEXC XAU_USDT
GRVT XAU_USDT_Perp
edgeX XAUUSDC
Phoenix GOLD
Bullet GOLD-USD
Bybit XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT