Funding you earn now, next payment 08:00 UTC+0.0207%/8h= +22.6% APRpaid last 24h +0.033%
Price spread now: OKX against Aster−0.029%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.029%, 7d avg +0.006%
=Together, before fees+0.028%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.035% cheaper against Aster than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.006%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.005% in total) that is about 48 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XAUUSD1 | 4,309.1 | 0.0057 | pay 0.0029% / 4h | 7m 22s | $72.8M | $271.9M | 20x |
| Short | OKX XAU-USDT-SWAP | 4,307.9 | 0.0264 | get 0.0264% / 8h | 7m 22s | $175.2M | $304.8M | 100x |
Aster XAUUSD1
OKX XAU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Aster. 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
- $43.37
- Price spread: −0.029% → +0.006%
- −$3.46
- Slippage, 4 orders
- −$0.91
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $21
- Costs to cover
- 0.189%
- Break-even
- 3.6 days
Slippage from Aster: live order book, 2 min ago; OKX: live order book, 2 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 Aster live order book, 2 min ago | 0.01 bp | 4.0 bp −$4 | 4.0 bp −$40 | 13.7 bp −$1,366 | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.12 bp | 5.1 bp −$5 | 5.2 bp −$52 | 7.4 bp −$742 | 13.3 bp −$6,649 |
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-USDT | 0.0000% | 4h | 4,312.3 | +0.074% | $92K | $7.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,306.1 | −0.071% | $268K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.958% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,307.1 | −0.047% | $5.7M | $2.7M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,340.1 | +0.718% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,303.5 | −0.131% | $290.0M | $52.4M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,303.7 | −0.126% | $15.0M | $55.3M | 25x | as long as short |
| Aster XAUUSD1long | +0.0057% | 4h | 4,309.1 | long leg | $72.8M | $271.9M | 20x | |
| Paradex XAU-USD-PERP | +0.0063% | 8h | 4,306.9 | −0.053% | $2K | $14K | 5x | as long as short |
| Bluefin GOLD-PERP | +0.0068% | 1h | 4,303.1 | −0.140% | $25K | $1K | 20x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Paradex XAU-USD-PERP
Bluefin GOLD-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUUSDT | +0.0071% | 4h | 4,308.7 | −0.011% | $77.6M | $154.9M | 150x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,307.4 | −0.041% | $20.2M | $30.2M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,304.3 | −0.112% | $2.0M | $5.1M | 25x | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,313.9 | +0.110% | $42K | $79K | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0099% | 24h | 4,309.5 | +0.008% | $3.6M | $45.3M | 15x | as long as short |
| Variational Omni XAU | +0.0100% | 4h | 4,316.5 | +0.170% | $47.1M | $29.0M | — | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,304.1 | −0.117% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,313.5 | +0.101% | $272K | $209K | 50x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,309.9 | +0.017% | $19.9M | $40.2M | 25x | as long as short |
| Extended XAU-USD | +0.0104% | 1h | 4,303.8 | −0.124% | $13.2M | $36.6M | 25x | as long as short |
| MEXC XAU_USDT | +0.0108% | 4h | 4,307.8 | −0.032% | $364.7M | $339.9M | 1000x | as long as short |
| Binance XAUUSDT | +0.0110% | 4h | 4,308 | −0.027% | $429.1M | $2.16B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0112% | 4h | 4,316.1 | +0.161% | $1.4M | $3.0M | 25x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,307.2 | −0.045% | $160K | $87 | 10x | as long as short |
| Gate XAU_USDT | +0.0116% | 4h | 4,309.3 | +0.003% | $284.5M | $430.0M | 100x | as long as short |
| StandX XAU-USD | +0.0118% | 1h | 4,313.1 | +0.092% | $3.8M | $4.5M | 40x | as long as short |
| Hotstuff GOLD-PERP | +0.0120% | 1h | 4,303.9 | −0.122% | $32K | — | 25x | as long as short |
| edgeX XAUUSDC | +0.0127% | 4h | 4,313.1 | +0.093% | $30.0M | $59.8M | 50x | as long as short |
| Bitget XAUUSDT | +0.0190% | 4h | 4,308.1 | −0.024% | $70.5M | $121.3M | 100x | as long as short |
| Bullet GOLD-USD | +0.0199% | 1h | 4,307.5 | −0.038% | $59K | $81K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0221% | 1h | 4,307.4 | −0.040% | $4.3M | $1.8M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0229% | 1h | 4,305 | −0.096% | $573K | $138K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0238% | 1h | 4,307.3 | −0.043% | $136K | $864K | 25x | as long as short |
| OKX XAU-USDT-SWAPshort | +0.0264% | 8h | 4,307.9 | −0.029% | $175.2M | $304.8M | 100x | |
| BloFin XAU-USDT | +0.0371% | 4h | 4,308.4 | −0.017% | $16.5M | $5.0M | 100x | as long as short |
| Phemex XAUUSDT | +0.0455% | 4h | 4,312.2 | +0.070% | $2.2M | $949K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0464% / S −0.0311% | 1h | 4,307.9 | −0.030% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0540% | 4h | 4,314.3 | +0.119% | $3.2M | $6.1M | 75x | as long as short |
| RISEx XAU/USDC | +0.0643% | 1h | 4,307.4 | −0.041% | $4.5M | $13.1M | 25x | as long as short |
Bybit XAUUSDT
Lighter XAU
Coinbase International GOLD-PERP-INTX
Phoenix GOLD
Kalshi KXGOLDPERP
Variational Omni XAU
Pacifica XAU
ApeX Omni XAUUSDT
Lighter RH XAU
Extended XAU-USD
MEXC XAU_USDT
Binance XAUUSDT
GRVT XAU_USDT_Perp
Aevo XAU-PERP
Gate XAU_USDT
StandX XAU-USD
Hotstuff GOLD-PERP
edgeX XAUUSDC
Bitget XAUUSDT
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT
RISEx XAU/USDC