XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: Injective against QFEX+0.083%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 0.083% dearer against QFEX than usual: you sell high and buy low (spread +0.083% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GOLD-USD	4,346.8	0.0046	pay 0.0006% / 1h	46m 29s	$5.6M	$1.9M	20x
Short	Injective XAU/USDC PERP	4,350.4	0.0033	get 0.0004% / 1h	46m 29s	$619	$54	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee InjectivebpOrdersPrice spread, now +0.083%Rate

Funding earned: −$2.66
Price spread: +0.083% → 0.000%: $8.33
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$4.35
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 7 min ago; Injective: no order-book sample. 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 QFEX live order book, 7 min ago	0.92 bp	5.9 bp −$6	5.9 bp −$59	8.9 bp −$887	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
Hotstuff GOLD-PERP	−0.0016%	1h	4,344.4	−0.055%	$33K	—	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,348.9	+0.048%	$264.7M	$407.3M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,352.1	+0.121%	$92K	$9.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,342.7	−0.095%	$266K	—	250x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,347.2	+0.009%	$3.4M	$12.4M	25x	as long as short
Bluefin GOLD-PERP	+0.0012%	1h	4,341.9	−0.112%	$25K	$14K	20x	as long as short
Extended XAU-USD	+0.0032%	1h	4,342.9	−0.090%	$13.6M	$39.9M	25x	as long as short
Injective XAU/USDC PERPshort	+0.0033%	1h	4,350.4	+0.083%	$619	$54	52x
Kalshi KXGOLDPERP	+0.0037%	24h	4,345.1	−0.039%	$4.2M	$36.4M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,348.3	+0.035%	$3.8M	$4.6M	40x	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	+0.766%	—	$1.0M	25x	as long as short
QFEX GOLD-USDlong	+0.0046%	1h	4,346.8	long leg	$5.6M	$1.9M	20x
Aster XAUUSD1	+0.0047%	4h	4,348.2	+0.033%	$70.0M	$331.4M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,343.1	−0.085%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,344.6	−0.051%	$293.3M	$48.8M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,343.8	−0.069%	$15.1M	$57.7M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,345.8	−0.024%	$20.6M	$41.9M	25x	as long as short
Lighter RH XAU	+0.0080%	1h	4,348.4	+0.038%	$20.1M	$39.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,346.7	−0.003%	$19K	$5K	5x	as long as short
Binance XAUUSDT	+0.0098%	4h	4,347.1	+0.007%	$411.2M	$2.10B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,344.1	−0.062%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,347.4	+0.013%	$371.2M	$316.6M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,344	−0.064%	$274K	$203K	50x	as long as short
Variational Omni XAU	+0.0102%	4h	4,347.9	+0.025%	$48.3M	$27.9M	—	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,346.6	−0.005%	$161K	$87	10x	as long as short
GRVT XAU_USDT_Perp	+0.0118%	4h	4,349.4	+0.061%	$1.4M	$3.0M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0118%	1h	4,346.4	−0.009%	$4.3M	$1.9M	20x	as long as short
edgeX XAUUSDC	+0.0126%	4h	4,342.6	−0.097%	$30.2M	$58.9M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,347.8	+0.023%	$47K	$77K	25x	as long as short
Bybit XAUUSDT	+0.0201%	4h	4,348.2	+0.033%	$84.3M	$145.1M	150x	as long as short
Bitget XAUUSDT	+0.0208%	4h	4,347.5	+0.016%	$69.6M	$109.3M	100x	as long as short
Bullet GOLD-USD	+0.0210%	1h	4,347.4	+0.014%	$58K	$83K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0233%	1h	4,345.8	−0.023%	$259K	$704K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0248%	8h	4,347.9	+0.025%	$164.3M	$282.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0270%	1h	4,344.5	−0.054%	$593K	$133K	25x	as long as short
Phemex XAUUSDT	+0.0352%	4h	4,351	+0.096%	$2.2M	$1.1M	100x	as long as short
BloFin XAU-USDT	+0.0366%	4h	4,347.8	+0.023%	—	$4.7M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0399% / S −0.0209%	1h	4,347.4	+0.013%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0580%	4h	4,353.1	+0.145%	$2.8M	$4.2M	75x	as long as short