Funding you earn now, next payment 20:00 UTC+0.0079%/8hnext payment +$0.10 per $10,000 · paid last 24h +0.006%
Price spread now: Extended against Injective+0.033%100s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.033% dearer against Injective than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 100 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 | Injective XAU/USDC PERP | 4,350.4 | 0.0033 | pay 0.0004% / 1h | 21m 31s | $619 | $54 | 52x |
| Short | Extended XAU-USD | 4,351.8 | 0.0112 | get 0.0014% / 1h | 21m 31s | $13.1M | $51.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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
- $16.52
- Price spread: +0.033% → 0.000%
- $3.29
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $14.79
- Costs to cover
- 0.050%
- Break-even
- 0.7 days
Slippage unknown: Injective: no order-book sample; Extended: live order book, 2 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 2 min ago | 0.12 bp | 2.6 bp −$3 | 3.0 bp −$30 | 8.3 bp −$832 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,360.2 | +0.225% | $93K | $11.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,352.8 | +0.054% | $267K | — | 250x | as long as short |
| Injective XAU/USDC PERPlong | +0.0033% | 1h | 4,350.4 | long leg | $619 | $54 | 52x | |
| Kalshi KXGOLDPERP | +0.0034% | 24h | 4,354.9 | +0.103% | $4.0M | $32.3M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,356.7 | +0.144% | $3.8M | $4.4M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,390.7 | +0.926% | — | $995K | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,352.4 | +0.046% | $294.0M | $51.6M | 25x | as long as short |
| QFEX GOLD-USD | +0.0050% | 1h | 4,354.8 | +0.101% | $5.5M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,350.7 | +0.006% | $14.9M | $51.2M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0069% | 8h | 4,355.9 | +0.126% | $19K | $6K | 5x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XAU | +0.0072% | 1h | 4,355.3 | +0.112% | $20.8M | $46.2M | 25x | as long as short |
| Gate XAU_USDT | +0.0072% | 4h | 4,357.1 | +0.154% | $273.6M | $406.5M | 100x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,353.9 | +0.080% | $2.0M | $5.2M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0096% | 1h | 4,352.5 | +0.048% | $33K | — | 25x | as long as short |
| RISEx XAU/USDC | +0.0100% | 1h | 4,355.3 | +0.113% | $3.6M | $12.3M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,352.7 | +0.052% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,352 | +0.035% | $273K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,350.2 | −0.006% | $26K | $21K | 20x | as long as short |
| Extended XAU-USDshort | +0.0112% | 1h | 4,351.8 | +0.033% | $13.1M | $51.4M | 25x | |
| Aevo XAU-PERP | +0.0112% | 1h | 4,356 | +0.128% | $161K | $87 | 10x | as long as short |
| Bullet GOLD-USD | +0.0113% | 1h | 4,356 | +0.128% | $59K | $77K | 10x | as long as short |
| Variational Omni XAU | +0.0134% | 4h | 4,355.3 | +0.113% | $47.7M | $34.5M | — | as long as short |
| MEXC XAU_USDT | +0.0138% | 4h | 4,355.3 | +0.111% | $379.3M | $334.4M | 1000x | as long as short |
| Binance XAUUSDT | +0.0140% | 4h | 4,355.2 | +0.110% | $415.2M | $2.07B | 100x | as long as short |
| Aster XAUUSD1 | +0.0147% | 4h | 4,355.3 | +0.112% | $70.3M | $240.4M | 20x | as long as short |
| edgeX XAUUSDC | +0.0147% | 4h | 4,353.7 | +0.076% | $30.3M | $56.8M | 50x | as long as short |
| Phoenix GOLD | +0.0151% | 1h | 4,353.7 | +0.075% | $43K | $64K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0156% | 4h | 4,356.1 | +0.131% | $1.4M | $3.4M | 25x | as long as short |
| Lighter RH XAU | +0.0160% | 1h | 4,357.8 | +0.169% | $20.4M | $44.8M | 25x | as long as short |
| Bybit XAUUSDT | +0.0175% | 4h | 4,356.3 | +0.136% | $84.1M | $140.1M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0186% | 1h | 4,354.8 | +0.101% | $222K | $959K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0198% | 1h | 4,356.7 | +0.144% | $4.4M | $2.3M | 20x | as long as short |
| Bitget XAUUSDT | +0.0268% | 4h | 4,355.4 | +0.114% | $69.1M | $109.4M | 100x | as long as short |
| HTX XAU-USDT | +0.0283% | 4h | 4,358.3 | +0.182% | $2.8M | $3.6M | 75x | as long as short |
| OKX XAU-USDT-SWAP | +0.0313% | 8h | 4,356.3 | +0.135% | $158.2M | $269.0M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0328% | 1h | 4,354.3 | +0.089% | $588K | $108K | 25x | as long as short |
| Phemex XAUUSDT | +0.0339% | 4h | 4,358.4 | +0.182% | $2.2M | $1.1M | 100x | as long as short |
| BloFin XAU-USDT | +0.0380% | 4h | 4,356 | +0.128% | $14.9M | $4.2M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0457% / S −0.0291% | 1h | 4,356 | +0.129% | $251K | — | 111x | as long as short |
Injective XAU/USDC PERP
Extended XAU-USD
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Kalshi KXGOLDPERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Paradex XAU-USD-PERP
Lighter XAU
Gate XAU_USDT
Coinbase International GOLD-PERP-INTX
RISEx XAU/USDC
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Bullet GOLD-USD
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
Aster XAUUSD1
edgeX XAUUSDC
Phoenix GOLD
GRVT XAU_USDT_Perp
Lighter RH XAU
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Polymarket Perps GOLD-USD
Bitget XAUUSDT
HTX XAU-USDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]