Funding you earn now, next payment 09:00 UTC+0.0065%/8h= +7.1% APRpaid last 24h +0.020%
Price spread now: edgeX against QFEX+0.017%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−$240.238% of the position
Funding, last 4 days (all we have)+0.083%+$8 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.017%, 7d avg −0.064%
=Together, before fees+0.075%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and edgeX is 0.081% dearer against QFEX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.064%. 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 | QFEX GOLD-USD | 4,306 | 0.0046 | pay 0.0006% / 1h | 34m 26s | $6.6M | $3.1M | 20x |
| Short | edgeX XAUUSDC | 4,306.8 | 0.0111 | get 0.0055% / 4h | 3h 34m | $30.0M | $61.5M | 50x |
QFEX GOLD-USD
edgeX XAUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against QFEX. 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
- $13.57
- Price spread: +0.017% → −0.064%
- $8.11
- Slippage, 4 orders
- −$4.84
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$2.16
- Costs to cover
- 0.238%
- Break-even
- 8.1 days
Slippage from QFEX: live order book, 4 min ago; edgeX: live order book, 5 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 QFEX live order book, 4 min ago | 2.09 bp | 7.1 bp −$7 | 7.1 bp −$71 | 8.5 bp −$852 | 14.1 bp −$7,070 |
| Sell edgeX live order book, 5 min ago | 0.12 bp | 4.8 bp −$5 | 4.9 bp −$49 | 7.9 bp −$790 | 35.1 bp −$17.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −0.0032% | 1h | 4,305.5 | −0.012% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,311.7 | +0.133% | $92K | $6.8M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,303.6 | −0.057% | $278K | — | 250x | as long as short |
| GRVT XAU_USDT_Perp | +0.0012% | 4h | 4,308 | +0.048% | $1.4M | $3.0M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +1.032% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,306.8 | +0.019% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,338.7 | +0.759% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USDlong | +0.0046% | 1h | 4,306 | long leg | $6.6M | $3.1M | 20x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,304.5 | −0.035% | $291.0M | $53.9M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,304.2 | −0.042% | $4.3M | $1.8M | 20x | as long as short |
Hotstuff GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
GRVT XAU_USDT_Perp
Injective XAU/USDC PERP
StandX XAU-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,302.7 | −0.076% | $15.0M | $55.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0052% | 4h | 4,308.4 | +0.056% | $73.4M | $271.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,303.9 | −0.049% | $2.0M | $5.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0061% | 8h | 4,306.6 | +0.013% | $2K | $13K | 5x | as long as short |
| Extended XAU-USD | +0.0064% | 1h | 4,302.9 | −0.072% | $13.1M | $36.2M | 25x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,306.6 | +0.013% | $20.3M | $28.9M | 25x | as long as short |
| Variational Omni XAU | +0.0089% | 4h | 4,305.9 | −0.002% | $46.6M | $29.2M | — | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,306.1 | +0.002% | $42K | $86K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,303.3 | −0.062% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,305.2 | −0.019% | $275K | $218K | 50x | as long as short |
| MEXC XAU_USDT | +0.0102% | 4h | 4,307.2 | +0.027% | $361.8M | $337.5M | 1000x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,308.6 | +0.061% | $19.8M | $39.9M | 25x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,306.4 | +0.010% | $159K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0104% | 4h | 4,308 | +0.046% | $434.2M | $2.22B | 100x | as long as short |
| Kalshi KXGOLDPERP | +0.0109% | 24h | 4,309.8 | +0.088% | $3.7M | $46.5M | 15x | as long as short |
| edgeX XAUUSDCshort | +0.0111% | 4h | 4,306.8 | +0.017% | $30.0M | $61.5M | 50x | |
| Bybit XAUUSDT | +0.0119% | 4h | 4,310.6 | +0.106% | $77.4M | $157.7M | 150x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,306.7 | +0.017% | $4.4M | $13.1M | 25x | as long as short |
| Gate XAU_USDT | +0.0160% | 4h | 4,309.9 | +0.091% | $297.1M | $427.0M | 100x | as long as short |
| Bitget XAUUSDT | +0.0190% | 4h | 4,307.7 | +0.040% | $70.4M | $125.2M | 100x | as long as short |
| Bullet GOLD-USD | +0.0196% | 1h | 4,307.5 | +0.034% | $58K | $81K | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0238% | 1h | 4,307.7 | +0.039% | $134K | $846K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0249% | 8h | 4,310.4 | +0.102% | $171.2M | $330.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0328% | 1h | 4,305.2 | −0.019% | $573K | $138K | 25x | as long as short |
| BloFin XAU-USDT | +0.0369% | 4h | 4,307.1 | +0.026% | $16.2M | $5.0M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0467% / S −0.0314% | 1h | 4,307.9 | +0.044% | $255K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0527% | 4h | 4,310 | +0.093% | $2.2M | $955K | 100x | as long as short |
| HTX XAU-USDT | +0.1118% | 4h | 4,315.8 | +0.228% | $3.2M | $6.2M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.4125% | 1h | 4,306.6 | +0.014% | $25K | $1K | 20x | as long as short |
Ondo Perps XAU-USD.P
Aster XAUUSD1
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Extended XAU-USD
Lighter XAU
Variational Omni XAU
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
MEXC XAU_USDT
Lighter RH XAU
Aevo XAU-PERP
Binance XAUUSDT
Kalshi KXGOLDPERP
Bybit XAUUSDT
RISEx XAU/USDC
Gate XAU_USDT
Bitget XAUUSDT
Bullet GOLD-USD
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
Bluefin GOLD-PERP