Funding you earn now, next payment 01:00 UTC−0.0162%/8h= −17.8% APRpaid last 24h −0.045%
Price spread now: edgeX against Kraken Futures−0.073%76s7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$260.258% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 3 days (all we have)−0.093%−$9 · spread now −0.073%, 7d avg −0.097%
=Together, before fees−0.238%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.024% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.097%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.145% in total) that is about 28 hours. The two prices were read 76 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 | Kraken Futures PF_XAUUSD | 4,359.7 | 0.0225 | pay 0.0028% / 1h | 0m 03s | $595K | $141K | 25x |
| Short | edgeX XAUUSDC | 4,356.5 | 0.0063 | get 0.0032% / 4h | 3h 00m | $30.3M | $60.4M | 50x |
Kraken Futures PF_XAUUSD
edgeX XAUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Kraken Futures. 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
- −$34.05
- Price spread: −0.073% → −0.097%
- $2.42
- Slippage, 4 orders
- −$6.81
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$57.45
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 8 min ago; edgeX: 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 Kraken Futures live order book, 8 min ago | 1.57 bp | 7.1 bp −$7 | 14.2 bp −$142 | 49.8 bp −$4,979 | doesn't fit |
| Sell edgeX live order book, 4 min ago | 0.34 bp | 4.8 bp −$5 | 4.9 bp −$49 | 7.9 bp −$787 | 37.3 bp −$18.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | 0.0000% | 4h | 4,363.7 | +0.091% | $69.9M | $238.2M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,363.4 | +0.084% | $265.3M | $423.4M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,359.7 | 0.000% | $4.0M | $36.7M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,367.3 | +0.173% | $93K | $10.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,358.4 | −0.031% | $269K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,358.7 | −0.023% | $13.5M | $43.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.213% | $619 | $54 | 52x | as long as short |
| Variational Omni XAU | +0.0040% | 4h | 4,362 | +0.052% | $48.4M | $28.5M | — | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,363.9 | +0.096% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,362.9 | +0.073% | $5.6M | $1.9M | 20x | as long as short |
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
Variational Omni XAU
StandX XAU-USD
QFEX GOLD-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,395.9 | +0.830% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDC | +0.0048% | 1h | 4,362.5 | +0.065% | $3.4M | $12.4M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,358.8 | −0.021% | $294.2M | $51.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,358.5 | −0.028% | $14.8M | $57.2M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,359.6 | −0.003% | $48K | $64K | 25x | as long as short |
| MEXC XAU_USDT | +0.0056% | 4h | 4,362.5 | +0.063% | $372.8M | $331.7M | 1000x | as long as short |
| Binance XAUUSDT | +0.0059% | 4h | 4,363 | +0.074% | $411.7M | $2.14B | 100x | as long as short |
| edgeX XAUUSDCshort | +0.0063% | 4h | 4,356.5 | −0.073% | $30.3M | $60.4M | 50x | |
| Lighter XAU | +0.0072% | 1h | 4,361.4 | +0.038% | $20.6M | $44.6M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0088% | 8h | 4,362.9 | +0.072% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,364 | +0.099% | $20.2M | $41.5M | 25x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,361.7 | +0.046% | $162K | $87 | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,358.5 | −0.028% | $2.0M | $5.0M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,360 | +0.007% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,359.2 | −0.013% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,355.2 | −0.105% | $26K | $22K | 20x | as long as short |
| Bitget XAUUSDT | +0.0110% | 4h | 4,363.4 | +0.085% | $69.7M | $112.2M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0116% | 1h | 4,361.5 | +0.041% | $4.3M | $1.8M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0128% | 1h | 4,358.3 | −0.032% | $33K | — | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0142% | 4h | 4,362.6 | +0.067% | $1.4M | $3.1M | 25x | as long as short |
| Bybit XAUUSDT | +0.0197% | 4h | 4,363.9 | +0.097% | $83.7M | $144.7M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0209% | 1h | 4,360.6 | +0.020% | $235K | $658K | 25x | as long as short |
| Bullet GOLD-USD | +0.0214% | 1h | 4,362.9 | +0.073% | $59K | $82K | 10x | as long as short |
| OKX XAU-USDT-SWAP | +0.0216% | 8h | 4,364.6 | +0.112% | $164.2M | $287.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0225% | 4h | 4,362.7 | +0.069% | $15.4M | $4.6M | 100x | as long as short |
| Kraken Futures PF_XAUUSDlong | +0.0225% | 1h | 4,359.7 | long leg | $595K | $141K | 25x | |
| Phemex XAUUSDT | +0.0323% | 4h | 4,365.5 | +0.133% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,362.9 | +0.074% | $254K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0559% | 4h | 4,367.1 | +0.170% | $2.9M | $3.9M | 75x | as long as short |
Vest GC-PERP
RISEx XAU/USDC
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Phoenix GOLD
MEXC XAU_USDT
Binance XAUUSDT
Lighter XAU
Paradex XAU-USD-PERP
Lighter RH XAU
Aevo XAU-PERP
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Bitget XAUUSDT
Polymarket Perps GOLD-USD
Hotstuff GOLD-PERP
GRVT XAU_USDT_Perp
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT