XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: Injective against tradeXYZ−0.402%94s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Injective

What this pair did over the last

the charts below follow

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—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.402% cheaper against tradeXYZ than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 94 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	tradeXYZ xyz:GOLD	4,368	0.0050	pay 0.0006% / 1h	13m 39s	$294.3M	$52.5M	25x
Short	Injective XAU/USDC PERP	4,350.4	0.0033	get 0.0004% / 1h	13m 39s	$619	$54	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee InjectivebpOrdersPrice spread, now −0.402%Rate

Funding earned: −$3.5
Price spread: −0.402% → 0.000%: −$40.25
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$61.77
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago	0.12 bp	9.1 bp −$9	9.9 bp −$99	doesn't fit	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
Bluefin GOLD-PERP	−0.0238%	1h	4,363.2	−0.111%	$26K	$22K	20x	as long as short
Phoenix GOLD	−0.0004%	1h	4,370.3	+0.053%	$48K	$65K	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,371.6	+0.082%	$71.9M	$224.8M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,371.3	+0.076%	$410.9M	$2.14B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,372.3	+0.099%	$82.8M	$142.6M	150x	as long as short
RISEx XAU/USDC	0.0000%	1h	4,371.5	+0.081%	$3.4M	$12.3M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,372.5	+0.102%	$267.5M	$417.9M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,371.5	+0.081%	$376.3M	$324.2M	1000x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,371.9	+0.088%	$69.6M	$113.3M	100x	as long as short
Variational Omni XAU	0.0000%	4h	4,370.5	+0.057%	$48.5M	$29.3M	—	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	4,371	+0.069%	$1.4M	$3.1M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,369.1	+0.025%	$4.0M	$36.3M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,375.5	+0.171%	$93K	$10.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,367.2	−0.019%	$268K	—	250x	as long as short
edgeX XAUUSDC	+0.0009%	4h	4,365.9	−0.049%	$30.4M	$59.4M	50x	as long as short
QFEX GOLD-USD	+0.0032%	1h	4,371	+0.069%	$5.4M	$1.9M	20x	as long as short
Injective XAU/USDC PERPshort	+0.0033%	1h	4,350.4	−0.402%	$619	$54	52x
Lighter XAU	+0.0040%	1h	4,370.6	+0.059%	$20.7M	$44.9M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,371.4	+0.078%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,405.7	+0.863%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLDlong	+0.0050%	1h	4,368	long leg	$294.3M	$52.5M	25x
Ondo Perps XAU-USD.P	+0.0050%	1h	4,367.8	−0.005%	$14.7M	$57.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0055%	8h	4,371.5	+0.080%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0056%	1h	4,373.5	+0.125%	$20.2M	$42.3M	25x	as long as short
Extended XAU-USD	+0.0064%	1h	4,367.7	−0.007%	$13.1M	$45.4M	25x	as long as short
Hotstuff GOLD-PERP	+0.0064%	1h	4,367.7	−0.007%	$33K	—	25x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,370.7	+0.061%	$162K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,368.3	+0.007%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,368.6	+0.013%	$277K	$204K	50x	as long as short
Polymarket Perps GOLD-USD	+0.0105%	1h	4,370.8	+0.064%	$4.3M	$1.8M	20x	as long as short
Bullet GOLD-USD	+0.0112%	1h	4,371.2	+0.074%	$59K	$81K	10x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0152%	1h	4,369.3	+0.030%	$2.0M	$5.1M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0162%	8h	4,372.4	+0.101%	$158.6M	$274.5M	100x	as long as short
HTX XAU-USDT	+0.0191%	4h	4,377.4	+0.215%	$2.9M	$3.8M	75x	as long as short
Kraken Futures PF_XAUUSD	+0.0219%	1h	4,368.6	+0.014%	$603K	$137K	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,370.9	+0.066%	$14.8M	$4.5M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0254%	1h	4,370	+0.046%	$235K	$736K	25x	as long as short
Phemex XAUUSDT	+0.0314%	4h	4,371	+0.069%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,371.2	+0.072%	$252K	—	111x	as long as short