Funding you earn now, next payment 09:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.005%
Price spread now: StandX against Injective−0.899%50s7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. StandX is 0.899% cheaper against Injective than usual: you would sell low and buy high (spread −0.899% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$90 on $10k: about 50 days of funding at the current rate (+$2 a day). The two prices were read 50 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 | 20m 24s | $619 | $54 | 52x |
| Short | StandX XAU-USD | 4,311.3 | 0.0093 | get 0.0012% / 1h | 20m 24s | $3.8M | $4.5M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- $12.54
- Price spread: −0.899% → 0.000%
- −$89.92
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$85.4
- Costs to cover
- 0.080%
- Break-even
- 54.7 days
Slippage unknown: Injective: no order-book sample; StandX: live order book, 4 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 StandX live order book, 4 min ago | 0.12 bp | 10.3 bp −$10 | 10.9 bp −$109 | 11.9 bp −$1,185 | 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 | 4,315.6 | −0.800% | $92K | $6.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,307.7 | −0.982% | $273K | — | 250x | as long as short |
| Injective XAU/USDC PERPlong | +0.0033% | 1h | 4,350.4 | long leg | $619 | $54 | 52x | |
| Vest GC-PERP | +0.0046% | 1h | 4,343.5 | −0.159% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,309.1 | −0.950% | $6.6M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,308.3 | −0.968% | $291.0M | $54.5M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,310.3 | −0.922% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,307.5 | −0.987% | $15.0M | $56.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,306.7 | −1.005% | $2.0M | $5.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0062% | 8h | 4,309.8 | −0.934% | $2K | $13K | 5x | as long as short |
Show 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 | −0.858% | $73.6M | $271.5M | 20x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,309.4 | −0.942% | $20.2M | $29.6M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0080% | 1h | 4,306.8 | −1.003% | $32K | — | 25x | as long as short |
| Extended XAU-USD | +0.0088% | 1h | 4,308 | −0.974% | $13.0M | $36.1M | 25x | as long as short |
| StandX XAU-USDshort | +0.0093% | 1h | 4,311.3 | −0.899% | $3.8M | $4.5M | 40x | |
| Phoenix GOLD | +0.0095% | 1h | 4,301.6 | −1.122% | $42K | $86K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,306.5 | −1.010% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,301.8 | −1.119% | $273K | $219K | 50x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,312 | −0.883% | $19.8M | $40.6M | 25x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,310.3 | −0.922% | $160K | $87 | 10x | as long as short |
| Kalshi KXGOLDPERP | +0.0114% | 24h | 4,312.8 | −0.865% | $3.6M | $47.1M | 15x | as long as short |
| Variational Omni XAU | +0.0115% | 4h | 4,311.4 | −0.896% | $46.9M | $29.9M | — | as long as short |
| edgeX XAUUSDC | +0.0117% | 4h | 4,300.7 | −1.142% | $30.0M | $62.5M | 50x | as long as short |
| MEXC XAU_USDT | +0.0122% | 4h | 4,311.8 | −0.887% | $360.3M | $347.7M | 1000x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,312 | −0.883% | $4.5M | $13.4M | 25x | as long as short |
| Binance XAUUSDT | +0.0130% | 4h | 4,311.4 | −0.896% | $437.3M | $2.26B | 100x | as long as short |
| Bybit XAUUSDT | +0.0141% | 4h | 4,313.4 | −0.851% | $79.7M | $161.3M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0168% | 1h | 4,310.9 | −0.908% | $133K | $832K | 25x | as long as short |
| Gate XAU_USDT | +0.0178% | 4h | 4,313.5 | −0.848% | $302.0M | $436.4M | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0188% | 4h | 4,306.4 | −1.012% | $1.4M | $3.1M | 25x | as long as short |
| Bullet GOLD-USD | +0.0197% | 1h | 4,311.9 | −0.885% | $58K | $77K | 10x | as long as short |
| Bitget XAUUSDT | +0.0202% | 4h | 4,311.7 | −0.891% | $70.3M | $127.6M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0251% | 8h | 4,312.7 | −0.867% | $170.6M | $341.2M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0328% | 1h | 4,309.2 | −0.947% | $573K | $139K | 25x | as long as short |
| BloFin XAU-USDT | +0.0394% | 4h | 4,311.7 | −0.889% | $16.4M | $5.2M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0465% / S −0.0313% | 1h | 4,311.5 | −0.895% | $254K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0473% | 4h | 4,312.9 | −0.863% | $2.2M | $959K | 100x | as long as short |
| HTX XAU-USDT | +0.1204% | 4h | 4,317.3 | −0.762% | $3.2M | $6.9M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.2382% | 1h | 4,305.5 | −1.033% | $25K | $1K | 20x | as long as short |
Injective XAU/USDC PERP
StandX XAU-USD
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Aster XAUUSD1
Lighter XAU
Extended XAU-USD
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Lighter RH XAU
Kalshi KXGOLDPERP
Variational Omni XAU
edgeX XAUUSDC
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