Funding you earn now, next payment 09:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h −0.020%
Price spread now: QFEX against edgeX+0.194%57s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$230.232% of the position
Funding, last 4 days (all we have)−0.083%−$8 on $10k
+Price spread, last 7 days−0.204%−$20 · spread now +0.194%, 7d avg +0.064%
=Together, before fees−0.287%+ Points / potential airdropedgeX: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.131% dearer against edgeX than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of +0.064%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.1 days. The two prices were read 57 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 | edgeX XAUUSDC | 4,300.7 | 0.0117 | pay 0.0058% / 4h | 3h 20m | $30.0M | $62.5M | 50x |
| Short | QFEX GOLD-USD | 4,309.1 | 0.0046 | get 0.0006% / 1h | 20m 22s | $6.6M | $3.1M | 20x |
edgeX XAUUSDC
QFEX GOLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against edgeX. 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
- −$14.92
- Price spread: +0.194% → +0.064%
- $13.07
- Slippage, 4 orders
- −$4.18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$25.03
- Costs to cover
- 0.232%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; QFEX: live order book, 4 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 edgeX live order book, 4 min ago | 0.35 bp | 4.8 bp −$5 | 4.8 bp −$48 | 7.6 bp −$757 | 35.2 bp −$17.6K |
| Sell QFEX live order book, 4 min ago | 1.74 bp | 6.7 bp −$7 | 6.7 bp −$67 | 8.9 bp −$892 | 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-USDT | 0.0000% | 4h | 4,315.6 | +0.346% | $92K | $6.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,307.7 | +0.162% | $273K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +1.155% | $619 | $54 | 52x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,343.5 | +0.994% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USDshort | +0.0046% | 1h | 4,309.1 | +0.194% | $6.6M | $3.1M | 20x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,308.3 | +0.176% | $291.0M | $54.5M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,310.3 | +0.222% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,307.5 | +0.156% | $15.0M | $56.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,306.7 | +0.139% | $2.0M | $5.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0062% | 8h | 4,309.8 | +0.210% | $2K | $13K | 5x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
Vest GC-PERP
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Ondo Perps XAU-USD.P
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | +0.0069% | 4h | 4,313.1 | +0.287% | $73.6M | $271.5M | 20x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,309.4 | +0.202% | $20.2M | $29.6M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0080% | 1h | 4,306.8 | +0.141% | $32K | — | 25x | as long as short |
| Extended XAU-USD | +0.0088% | 1h | 4,308 | +0.170% | $13.0M | $36.1M | 25x | as long as short |
| StandX XAU-USD | +0.0093% | 1h | 4,311.3 | +0.246% | $3.8M | $4.5M | 40x | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,301.6 | +0.020% | $42K | $86K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,306.5 | +0.133% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,301.8 | +0.023% | $273K | $219K | 50x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,312 | +0.262% | $19.8M | $40.6M | 25x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,310.3 | +0.223% | $160K | $87 | 10x | as long as short |
| Kalshi KXGOLDPERP | +0.0114% | 24h | 4,312.8 | +0.280% | $3.6M | $47.1M | 15x | as long as short |
| Variational Omni XAU | +0.0115% | 4h | 4,311.4 | +0.249% | $46.9M | $29.9M | — | as long as short |
| edgeX XAUUSDClong | +0.0117% | 4h | 4,300.7 | long leg | $30.0M | $62.5M | 50x | |
| MEXC XAU_USDT | +0.0122% | 4h | 4,311.8 | +0.258% | $360.3M | $347.7M | 1000x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,312 | +0.262% | $4.5M | $13.4M | 25x | as long as short |
| Binance XAUUSDT | +0.0130% | 4h | 4,311.4 | +0.249% | $437.3M | $2.26B | 100x | as long as short |
| Bybit XAUUSDT | +0.0141% | 4h | 4,313.4 | +0.294% | $79.7M | $161.3M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0168% | 1h | 4,310.9 | +0.236% | $133K | $832K | 25x | as long as short |
| Gate XAU_USDT | +0.0178% | 4h | 4,313.5 | +0.297% | $302.0M | $436.4M | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0188% | 4h | 4,306.4 | +0.131% | $1.4M | $3.1M | 25x | as long as short |
| Bullet GOLD-USD | +0.0197% | 1h | 4,311.9 | +0.259% | $58K | $77K | 10x | as long as short |
| Bitget XAUUSDT | +0.0202% | 4h | 4,311.7 | +0.254% | $70.3M | $127.6M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0251% | 8h | 4,312.7 | +0.278% | $170.6M | $341.2M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0328% | 1h | 4,309.2 | +0.197% | $573K | $139K | 25x | as long as short |
| BloFin XAU-USDT | +0.0394% | 4h | 4,311.7 | +0.256% | $16.4M | $5.2M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0465% / S −0.0313% | 1h | 4,311.5 | +0.250% | $254K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0473% | 4h | 4,312.9 | +0.282% | $2.2M | $959K | 100x | as long as short |
| HTX XAU-USDT | +0.1204% | 4h | 4,317.3 | +0.384% | $3.2M | $6.9M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.2382% | 1h | 4,305.5 | +0.110% | $25K | $1K | 20x | as long as short |
Aster XAUUSD1
Lighter XAU
Hotstuff GOLD-PERP
Extended XAU-USD
StandX XAU-USD
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Lighter RH XAU
Aevo XAU-PERP
Kalshi KXGOLDPERP
Variational Omni XAU
MEXC XAU_USDT
RISEx XAU/USDC
Binance XAUUSDT
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Gate XAU_USDT
GRVT XAU_USDT_Perp
Bullet GOLD-USD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
Bluefin GOLD-PERP