Funding you earn now, next payment 09:00 UTC+0.0328%/8h= +35.9% APRpaid last 24h +0.076%
Price spread now: Kraken Futures against SunX−0.141%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$730.735% of the position
Funding, last 7 days+0.365%+$36 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.141%, 7d avg −0.164%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.023% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.164%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XAU-USDT | 4,310.5 | 0 | get 0.0000% / 4h | 3h 41m | $92K | $6.8M | 20x |
| Short | Kraken Futures PF_XAUUSD | 4,304.5 | 0.0328 | get 0.0041% / 1h | 41m 02s | $573K | $138K | 25x |
SunX XAU-USDT
Kraken Futures PF_XAUUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $68.93
- Price spread: −0.141% → −0.164%
- $2.34
- Slippage, 4 orders
- −$55.48
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$2.22
- Costs to cover
- 0.735%
- Break-even
- 7.2 days
Slippage from SunX: live order book, 8 min ago; Kraken Futures: live order book, 57 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 SunX live order book, 8 min ago | 23.34 bp | 27.3 bp −$27 | 40.3 bp −$403 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 57 min ago | 2.53 bp | 8.3 bp −$8 | 17.4 bp −$174 | 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-USDTlong | 0.0000% | 4h | 4,310.5 | long leg | $92K | $6.8M | 20x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,303.6 | −0.162% | $268K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0016% | 1h | 4,308.7 | −0.043% | $32K | — | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0018% | 4h | 4,306 | −0.105% | $1.4M | $3.1M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.925% | $619 | $54 | 52x | as long as short |
| Bybit XAUUSDT | +0.0037% | 4h | 4,308.6 | −0.045% | $77.1M | $157.2M | 150x | as long as short |
| Extended XAU-USD | +0.0040% | 1h | 4,302.8 | −0.180% | $13.1M | $36.3M | 25x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,338.2 | +0.642% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,306 | −0.105% | $6.6M | $3.2M | 20x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,304.1 | −0.149% | $290.9M | $54.5M | 25x | as long as short |
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
GRVT XAU_USDT_Perp
Injective XAU/USDC PERP
Bybit XAUUSDT
Extended XAU-USD
Vest GC-PERP
QFEX GOLD-USD
tradeXYZ xyz:GOLDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,303.7 | −0.159% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,303.4 | −0.167% | $15.0M | $55.7M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,302.9 | −0.177% | $2.0M | $5.1M | 25x | as long as short |
| Aster XAUUSD1 | +0.0057% | 4h | 4,307.9 | −0.062% | $73.3M | $271.8M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0060% | 8h | 4,306.1 | −0.103% | $2K | $13K | 5x | as long as short |
| StandX XAU-USD | +0.0074% | 1h | 4,308.2 | −0.054% | $3.8M | $4.5M | 40x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,306.2 | −0.100% | $20.3M | $28.7M | 25x | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,303.2 | −0.170% | $42K | $86K | 25x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,308.8 | −0.040% | $19.8M | $39.7M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,302.7 | −0.183% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,305.9 | −0.108% | $276K | $218K | 50x | as long as short |
| Binance XAUUSDT | +0.0102% | 4h | 4,306.8 | −0.087% | $433.7M | $2.22B | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,304.9 | −0.132% | $159K | $87 | 10x | as long as short |
| Variational Omni XAU | +0.0106% | 4h | 4,313.8 | +0.077% | $46.8M | $29.1M | — | as long as short |
| MEXC XAU_USDT | +0.0106% | 4h | 4,307.1 | −0.079% | $361.8M | $336.1M | 1000x | as long as short |
| Kalshi KXGOLDPERP | +0.0108% | 24h | 4,308.7 | −0.043% | $3.7M | $46.3M | 15x | as long as short |
| edgeX XAUUSDC | +0.0118% | 4h | 4,309.9 | −0.014% | $30.0M | $62.1M | 50x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,307.1 | −0.079% | $4.4M | $13.1M | 25x | as long as short |
| Gate XAU_USDT | +0.0128% | 4h | 4,309.5 | −0.024% | $295.3M | $425.0M | 100x | as long as short |
| Bitget XAUUSDT | +0.0188% | 4h | 4,307.4 | −0.072% | $70.2M | $124.2M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0191% | 1h | 4,305.8 | −0.110% | $134K | $882K | 25x | as long as short |
| Bullet GOLD-USD | +0.0203% | 1h | 4,307 | −0.083% | $58K | $81K | 10x | as long as short |
| OKX XAU-USDT-SWAP | +0.0249% | 8h | 4,308.2 | −0.054% | $170.7M | $329.0M | 100x | as long as short |
| Kraken Futures PF_XAUUSDshort | +0.0328% | 1h | 4,304.5 | −0.141% | $573K | $138K | 25x | |
| BloFin XAU-USDT | +0.0369% | 4h | 4,307.5 | −0.070% | $16.2M | $5.0M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0466% / S −0.0314% | 1h | 4,306.4 | −0.096% | $255K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0721% | 4h | 4,310.8 | +0.006% | $2.2M | $951K | 100x | as long as short |
| HTX XAU-USDT | +0.1039% | 4h | 4,313.4 | +0.067% | $3.2M | $6.2M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.5956% | 1h | 4,302.9 | −0.177% | $25K | $1K | 20x | as long as short |
Polymarket Perps GOLD-USD
Ondo Perps XAU-USD.P
Coinbase International GOLD-PERP-INTX
Aster XAUUSD1
Paradex XAU-USD-PERP
StandX XAU-USD
Lighter XAU
Phoenix GOLD
Lighter RH XAU
Pacifica XAU
ApeX Omni XAUUSDT
Binance XAUUSDT
Aevo XAU-PERP
Variational Omni XAU
MEXC XAU_USDT
Kalshi KXGOLDPERP
edgeX XAUUSDC
RISEx XAU/USDC
Gate XAU_USDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
Bluefin GOLD-PERP