XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0012%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: Injective against Vest−1.125%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Injective is 1.125% cheaper against Vest than usual: you would sell low and buy high (−$112 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest GC-PERP	4,399.9	0.0046	pay 0.0006% / 1h	5m 16s	—	$1.0M	25x
Short	Injective XAU/USDC PERP	4,350.4	0.0033	get 0.0004% / 1h	5m 16s	$619	$54	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Vest. 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 VestbpFee InjectivebpOrdersPrice spread, now −1.125%Rate

Funding earned: −$2.59
Price spread: −1.125% → 0.000%: −$112.46
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$117.07
Costs to cover: 0.020%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Vest and 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
Kraken Futures PF_XAUUSD	−0.0174%	1h	4,362.6	−0.848%	$602K	$139K	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,365.7	−0.778%	$71.5M	$233.7M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,365	−0.793%	$409.7M	$2.09B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,366.3	−0.764%	$82.9M	$141.7M	150x	as long as short
RISEx XAU/USDC	0.0000%	1h	4,364.9	−0.795%	$3.4M	$12.4M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,366.2	−0.766%	$269.5M	$412.1M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,365	−0.793%	$377.2M	$354.4M	1000x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,365.5	−0.783%	$67.4M	$110.1M	100x	as long as short
Variational Omni XAU	0.0000%	4h	4,364.1	−0.813%	$48.5M	$31.2M	—	as long as short
GRVT XAU_USDT_Perp	0.0000%	4h	4,362.8	−0.844%	$1.4M	$3.1M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXGOLDPERP	0.0000%	24h	4,363.3	−0.832%	$4.0M	$34.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,369.2	−0.698%	$93K	$10.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,362.2	−0.858%	$268K	—	250x	as long as short
QFEX GOLD-USD	+0.0002%	1h	4,363.4	−0.830%	$5.6M	$1.7M	20x	as long as short
edgeX XAUUSDC	+0.0011%	4h	4,358.9	−0.931%	$30.3M	$58.0M	50x	as long as short
tradeXYZ xyz:GOLD	+0.0018%	1h	4,360.9	−0.886%	$293.4M	$52.7M	25x	as long as short
Lighter XAU	+0.0032%	1h	4,365	−0.792%	$20.9M	$44.7M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,367.3	−0.741%	$20.3M	$42.2M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,362.3	−0.855%	$13.1M	$46.3M	25x	as long as short
Injective XAU/USDC PERPshort	+0.0033%	1h	4,350.4	−1.125%	$619	$54	52x
StandX XAU-USD	+0.0040%	1h	4,363.6	−0.825%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERPlong	+0.0046%	1h	4,399.9	long leg	—	$1.0M	25x
Polymarket Perps GOLD-USD	+0.0050%	1h	4,363	−0.839%	$4.3M	$1.7M	20x	as long as short
Paradex XAU-USD-PERP	+0.0050%	8h	4,364.7	−0.799%	$19K	$6K	5x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,361.5	−0.873%	$14.4M	$55.6M	25x	as long as short
Hotstuff GOLD-PERP	+0.0080%	1h	4,360.5	−0.895%	$33K	—	25x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,364.2	−0.812%	$162K	$87	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0094%	1h	4,364.1	−0.814%	$235K	$734K	25x	as long as short
Bullet GOLD-USD	+0.0098%	1h	4,365.1	−0.791%	$60K	$85K	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,361.9	−0.864%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,361.6	−0.870%	$274K	$199K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,357.4	−0.966%	$26K	$21K	20x	as long as short
Phoenix GOLD	+0.0109%	1h	4,361.7	−0.868%	$48K	$65K	25x	as long as short
HTX XAU-USDT	+0.0109%	4h	4,368.1	−0.722%	$2.8M	$3.8M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0157%	8h	4,366.3	−0.764%	$158.3M	$270.0M	100x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0208%	1h	4,360.9	−0.886%	$2.0M	$5.1M	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,365	−0.792%	$14.8M	$4.3M	100x	as long as short
Phemex XAUUSDT	+0.0275%	4h	4,365.1	−0.791%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,365	−0.792%	$252K	—	111x	as long as short