Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.007%
Price spread now: StandX against Coinbase International+0.117%46s7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days−0.435%−$44 on $10k
+Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.117%, 7d avg +0.111%
=Together, before fees−0.469%+ Points / potential airdropStandX: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.111%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 46 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 | Coinbase International GOLD-PERP-INTX | 4,350.9 | 0.0072 | pay 0.0009% / 1h | 37m 21s | $2.0M | $5.0M | 25x |
| Short | StandX XAU-USD | 4,356 | 0.0040 | get 0.0005% / 1h | 37m 21s | $3.8M | $4.7M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Coinbase International. 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
- −$6.72
- Price spread: +0.117% → +0.111%
- $0.57
- Slippage, 4 orders
- −$9.59
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$33.73
- Costs to cover
- 0.276%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; StandX: 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 Coinbase International live order book, 2 min ago | 0.12 bp | 7.8 bp −$8 | 9.5 bp −$95 | 49.2 bp −$4,915 | doesn't fit |
| Sell StandX live order book, 2 min ago | 3.10 bp | 7.1 bp −$7 | 7.2 bp −$72 | 9.8 bp −$982 | 11.9 bp −$5,950 |
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 | −0.0316% | 1h | 4,348.2 | −0.063% | $25K | $14K | 20x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,354.7 | +0.087% | $69.7M | $292.3M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,355.7 | +0.111% | $263.2M | $407.9M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,353.9 | +0.069% | $4.1M | $36.5M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,357.9 | +0.161% | $93K | $9.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,350.2 | −0.017% | $269K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,351.7 | +0.018% | $13.6M | $43.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0032% | 1h | 4,352.8 | +0.044% | $33K | — | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.011% | $619 | $54 | 52x | as long as short |
| Lighter XAU | +0.0040% | 1h | 4,354.7 | +0.087% | $20.6M | $43.5M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAU-USDshort | +0.0040% | 1h | 4,356 | +0.117% | $3.8M | $4.7M | 40x | |
| Vest GC-PERP | +0.0046% | 1h | 4,388.2 | +0.857% | — | $1.0M | 25x | as long as short |
| Lighter RH XAU | +0.0048% | 1h | 4,357.1 | +0.142% | $20.1M | $40.8M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,351.3 | +0.009% | $293.9M | $48.4M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,352.7 | +0.042% | $15.0M | $57.7M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,354.8 | +0.090% | $5.6M | $1.9M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.0060% | 1h | 4,353 | +0.048% | $4.3M | $1.9M | 20x | as long as short |
| Variational Omni XAU | +0.0061% | 4h | 4,355.7 | +0.111% | $48.3M | $28.4M | — | as long as short |
| Coinbase International GOLD-PERP-INTXlong | +0.0072% | 1h | 4,350.9 | long leg | $2.0M | $5.0M | 25x | |
| edgeX XAUUSDC | +0.0084% | 4h | 4,350.2 | −0.016% | $30.3M | $60.6M | 50x | as long as short |
| Paradex XAU-USD-PERP | +0.0084% | 8h | 4,355.6 | +0.108% | $19K | $5K | 5x | as long as short |
| MEXC XAU_USDT | +0.0084% | 4h | 4,354.1 | +0.074% | $372.2M | $321.6M | 1000x | as long as short |
| Binance XAUUSDT | +0.0086% | 4h | 4,354 | +0.072% | $409.2M | $2.10B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,352.4 | +0.034% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,353.9 | +0.068% | $275K | $204K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,353.2 | +0.053% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0121% | 1h | 4,355.1 | +0.097% | $48K | $64K | 25x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,355.3 | +0.100% | $3.4M | $12.4M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0136% | 4h | 4,357.5 | +0.151% | $1.4M | $2.9M | 25x | as long as short |
| Bitget XAUUSDT | +0.0150% | 4h | 4,354.4 | +0.081% | $69.2M | $109.7M | 100x | as long as short |
| Bullet GOLD-USD | +0.0158% | 1h | 4,354.2 | +0.076% | $59K | $83K | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0164% | 1h | 4,353.7 | +0.064% | $234K | $661K | 25x | as long as short |
| Bybit XAUUSDT | +0.0185% | 4h | 4,355.1 | +0.096% | $84.1M | $143.7M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0225% | 8h | 4,355.6 | +0.108% | $164.9M | $284.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,352.7 | +0.040% | $594K | $141K | 25x | as long as short |
| BloFin XAU-USDT | +0.0286% | 4h | 4,364.8 | +0.319% | $15.5M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0368% | 4h | 4,359.7 | +0.201% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,354 | +0.072% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0527% | 4h | 4,359.5 | +0.198% | $2.9M | $3.9M | 75x | as long as short |
Coinbase International GOLD-PERP-INTX
StandX XAU-USD
Bluefin GOLD-PERP
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
Lighter XAU
Lighter RH XAU
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Variational Omni XAU
edgeX XAUUSDC
Paradex XAU-USD-PERP
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Phoenix GOLD
RISEx XAU/USDC
GRVT XAU_USDT_Perp
Bitget XAUUSDT
Bullet GOLD-USD
Deribit GOLD_USDC-PERPETUAL
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT