Funding you earn now, next payment 04:00 UTC−0.0101%/8h= −11.0% APRnext payment −$0.50 per $10,000 · paid last 24h −0.047%
Price spread now: SunX against edgeX+0.217%74s7-day average +0.260% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as 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−$670.669% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now +0.217%, 7d avg +0.260%
=Together, before fees−0.063%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.042% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.260%). Swap the legs. The two prices were read 74 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 | 4,342.2 | 0.0101 | pay 0.0050% / 4h | 8m 18s | $30.2M | $58.0M | 50x |
| Short | SunX XAU-USDT | 4,351.7 | 0 | get 0.0000% / 4h | 8m 18s | $92K | $8.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$21.12
- Price spread: +0.217% → +0.260%
- −$4.23
- Slippage, 4 orders
- −$49.92
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$92.26
- Costs to cover
- 0.669%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 1 min ago; SunX: live order book, 11 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, 1 min ago | 0.34 bp | 4.8 bp −$5 | 4.9 bp −$49 | 7.8 bp −$778 | 34.4 bp −$17.2K |
| Sell SunX live order book, 11 min ago | 23.63 bp | 29.6 bp −$30 | 47.1 bp −$471 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,347 | +0.108% | $3.4M | $12.3M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,348.2 | +0.137% | $266.6M | $417.7M | 100x | as long as short |
| SunX XAU-USDTshort | 0.0000% | 4h | 4,351.7 | +0.217% | $92K | $8.9M | 20x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,342.9 | +0.016% | $272K | — | 250x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,346 | +0.087% | $20.8M | $38.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343.1 | +0.019% | $13.2M | $38.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.188% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,348.2 | +0.137% | $20.1M | $39.5M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,348.3 | +0.140% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,347 | +0.110% | $5.7M | $2.0M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,380.1 | +0.872% | — | $1.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,344.8 | +0.059% | $2.0M | $4.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0049% | 24h | 4,345.6 | +0.077% | $4.2M | $37.4M | 15x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.3 | +0.047% | $293.8M | $48.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,343.8 | +0.035% | $15.1M | $56.8M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0056% | 1h | 4,344.4 | +0.050% | $33K | — | 25x | as long as short |
| Aster XAUUSD1 | +0.0064% | 4h | 4,348.2 | +0.137% | $71.3M | $333.1M | 20x | as long as short |
| Variational Omni XAU | +0.0076% | 4h | 4,345.3 | +0.070% | $48.4M | $28.2M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0081% | 8h | 4,347.4 | +0.118% | $19K | $5K | 5x | as long as short |
| MEXC XAU_USDT | +0.0088% | 4h | 4,347.4 | +0.119% | $372.7M | $320.5M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0090% | 4h | 4,347 | +0.109% | $1.4M | $2.9M | 25x | as long as short |
| Binance XAUUSDT | +0.0090% | 4h | 4,347.2 | +0.113% | $413.9M | $2.10B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,343.7 | +0.034% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,343.3 | +0.024% | $274K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,340.2 | −0.047% | $25K | $14K | 20x | as long as short |
| edgeX XAUUSDClong | +0.0101% | 4h | 4,342.2 | long leg | $30.2M | $58.0M | 50x | |
| Aevo XAU-PERP | +0.0104% | 1h | 4,346.5 | +0.098% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,344.7 | +0.057% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0166% | 1h | 4,347.4 | +0.119% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0186% | 1h | 4,347.3 | +0.117% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,344.6 | +0.054% | $592K | $132K | 25x | as long as short |
| Phemex XAUUSDT | +0.0226% | 4h | 4,349.4 | +0.165% | $2.2M | $967K | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0233% | 1h | 4,345.8 | +0.082% | $206K | $825K | 25x | as long as short |
| Bitget XAUUSDT | +0.0234% | 4h | 4,347.8 | +0.127% | $70.1M | $109.4M | 100x | as long as short |
| Bybit XAUUSDT | +0.0240% | 4h | 4,348.5 | +0.143% | $85.2M | $145.4M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0300% | 8h | 4,348.9 | +0.153% | $165.4M | $282.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0330% | 4h | 4,347.7 | +0.126% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0418% / S −0.0240% | 1h | 4,347.2 | +0.114% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0616% | 4h | 4,351.3 | +0.208% | $2.8M | $4.6M | 75x | as long as short |
edgeX XAUUSDC
SunX XAU-USDT
RISEx XAU/USDC
Gate XAU_USDT
gTrade (Gains Network) XAU/USD
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
tradeXYZ xyz:GOLD
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Phoenix GOLD
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bitget XAUUSDT
Bybit XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT