Funding you earn now, next payment 03:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h −0.029%
Price spread now: Injective against RISEx−0.167%7-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
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.167% cheaper against RISEx than usual: you would sell low and buy high (spread −0.167% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 24 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAU/USDC | 4,357.7 | 0.0010 | pay 0.0001% / 1h | 24m 49s | $3.4M | $12.4M | 25x |
| Short | Injective XAU/USDC PERP | 4,350.4 | 0.0033 | get 0.0004% / 1h | 24m 49s | $619 | $54 | 52x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against RISEx. 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
- $4.82
- Price spread: −0.167% → 0.000%
- −$16.74
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$17.95
- Costs to cover
- 0.060%
- Break-even
- 33.1 days
Slippage unknown: RISEx: live order book, 4 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 RISEx live order book, 4 min ago | 0.01 bp | 4.5 bp −$4 | 5.7 bp −$57 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,362.7 | +0.114% | $93K | $9.2M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,354.4 | −0.075% | $267K | — | 250x | as long as short |
| Gate XAU_USDT | +0.0008% | 4h | 4,359.7 | +0.046% | $264.7M | $412.9M | 100x | as long as short |
| RISEx XAU/USDClong | +0.0010% | 1h | 4,357.7 | long leg | $3.4M | $12.4M | 25x | |
| Extended XAU-USD | +0.0032% | 1h | 4,354.7 | −0.070% | $13.6M | $38.9M | 25x | as long as short |
| Injective XAU/USDC PERPshort | +0.0033% | 1h | 4,350.4 | −0.167% | $619 | $54 | 52x | |
| Kalshi KXGOLDPERP | +0.0039% | 24h | 4,355.7 | −0.046% | $4.1M | $37.0M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,356.7 | −0.023% | $3.8M | $4.6M | 40x | as long as short |
| Aster XAUUSD1 | +0.0043% | 4h | 4,359.2 | +0.034% | $70.5M | $333.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,391.4 | +0.773% | — | $1.0M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0046% | 1h | 4,355.8 | −0.044% | $5.6M | $1.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,354.9 | −0.065% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,355.2 | −0.058% | $294.2M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,354.4 | −0.077% | $15.1M | $57.3M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0054% | 4h | 4,357.1 | −0.014% | $1.4M | $3.0M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,357.8 | +0.002% | $20.7M | $42.3M | 25x | as long as short |
| Variational Omni XAU | +0.0057% | 4h | 4,355.6 | −0.048% | $48.3M | $27.9M | — | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,360.1 | +0.054% | $20.2M | $39.7M | 25x | as long as short |
| Binance XAUUSDT | +0.0074% | 4h | 4,358.7 | +0.023% | $412.1M | $2.10B | 100x | as long as short |
| MEXC XAU_USDT | +0.0074% | 4h | 4,358.4 | +0.015% | $372.5M | $318.8M | 1000x | as long as short |
| Paradex XAU-USD-PERP | +0.0081% | 8h | 4,357.8 | +0.001% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0093% | 4h | 4,349.4 | −0.191% | $30.3M | $58.3M | 50x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,356.7 | −0.023% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,355.1 | −0.059% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,353.9 | −0.087% | $275K | $203K | 50x | as long as short |
| Phemex XAUUSDT | +0.0122% | 4h | 4,359.2 | +0.033% | $2.2M | $1.1M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0126% | 1h | 4,357.8 | +0.002% | $4.3M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,350.3 | −0.170% | $47K | $77K | 25x | as long as short |
| Bybit XAUUSDT | +0.0199% | 4h | 4,360.2 | +0.057% | $84.5M | $145.8M | 150x | as long as short |
| Bullet GOLD-USD | +0.0202% | 1h | 4,358.2 | +0.011% | $60K | $83K | 10x | as long as short |
| Hotstuff GOLD-PERP | +0.0208% | 1h | 4,352.9 | −0.111% | $33K | — | 25x | as long as short |
| Bitget XAUUSDT | +0.0212% | 4h | 4,359.2 | +0.034% | $70.3M | $109.4M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0253% | 8h | 4,359.9 | +0.050% | $165.2M | $282.7M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,355.2 | −0.058% | $594K | $133K | 25x | as long as short |
| BloFin XAU-USDT | +0.0296% | 4h | 4,356.2 | −0.035% | $15.5M | $4.6M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0301% | 1h | 4,357.6 | −0.003% | $278K | $727K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0401% / S −0.0213% | 1h | 4,358.4 | +0.015% | $249K | — | 111x | as long as short |
| Bluefin GOLD-PERP | +0.0519% | 1h | 4,350.2 | −0.172% | $25K | $14K | 20x | as long as short |
| HTX XAU-USDT | +0.0567% | 4h | 4,363.2 | +0.126% | $2.9M | $4.2M | 75x | as long as short |
RISEx XAU/USDC
Injective XAU/USDC PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Gate XAU_USDT
Extended XAU-USD
Kalshi KXGOLDPERP
StandX XAU-USD
Aster XAUUSD1
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
GRVT XAU_USDT_Perp
Lighter XAU
Variational Omni XAU
Lighter RH XAU
Binance XAUUSDT
MEXC XAU_USDT
Paradex XAU-USD-PERP
edgeX XAUUSDC
Pacifica XAU
ApeX Omni XAUUSDT
Phemex XAUUSDT
Polymarket Perps GOLD-USD
Phoenix GOLD
Bybit XAUUSDT
Bullet GOLD-USD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Deribit GOLD_USDC-PERPETUAL
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
HTX XAU-USDT