Funding you earn now, next payment 06:00 UTC+0.0262%/8h= +28.7% APRnext payment +$0.33 per $10,000 · paid last 24h +0.036%
Price spread now: GMX against StandX+0.023%7-day average −0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.023%, 7d avg −0.004%
=Together, before fees+0.106%+ Points / potential airdropStandX: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.027% dearer against StandX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX XAU-USD | 4,333 | 0.0040 | pay 0.0005% / 1h | 10m 13s | $3.8M | $4.5M | 40x |
| Short | GMX GOLD/USD [ETH-USDC] | 4,334 | L +0.0460% / S −0.0302% | get 0.0038% / 1h | 10m 13s | $253K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against StandX. 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
- $55.03
- Price spread: +0.023% → −0.004%
- $2.68
- Slippage, 4 orders
- no order book: not counted
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $37.7
- Costs to cover
- 0.200%
- Break-even
- 2.2 days
Slippage unknown: StandX: live order book, 4 min ago; GMX: 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 StandX live order book, 4 min ago | 0.12 bp | 4.1 bp −$4 | 4.9 bp −$49 | 9.2 bp −$924 | 11.8 bp −$5,902 |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0049% | 1h | 4,326.7 | −0.146% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,337.6 | +0.107% | $92K | $8.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,329.9 | −0.073% | $271K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0006% | 4h | 4,336.1 | +0.072% | $78.4M | $156.7M | 150x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,329.9 | −0.072% | $13.1M | $36.8M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.402% | $619 | $54 | 52x | as long as short |
| StandX XAU-USDlong | +0.0040% | 1h | 4,333 | long leg | $3.8M | $4.5M | 40x | |
| QFEX GOLD-USD | +0.0044% | 1h | 4,332.7 | −0.007% | $5.4M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,365.6 | +0.752% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,334.5 | +0.033% | $20.4M | $31.8M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,329.8 | −0.074% | $292.0M | $51.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,329.9 | −0.071% | $15.0M | $56.5M | 25x | as long as short |
| RISEx XAU/USDC | +0.0054% | 1h | 4,334.8 | +0.040% | $3.8M | $12.5M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0063% | 24h | 4,334.7 | +0.039% | $4.0M | $42.2M | 15x | as long as short |
| Gate XAU_USDT | +0.0068% | 4h | 4,334.9 | +0.044% | $272.1M | $416.5M | 100x | as long as short |
| Lighter RH XAU | +0.0072% | 1h | 4,336.3 | +0.077% | $19.9M | $38.9M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,330.9 | −0.048% | $2.0M | $4.8M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0072% | 8h | 4,333.3 | +0.006% | $19K | $5K | 5x | as long as short |
| Aster XAUUSD1 | +0.0099% | 4h | 4,336.1 | +0.072% | $72.3M | $330.7M | 20x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,329.6 | −0.078% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,324.2 | −0.204% | $272K | $208K | 50x | as long as short |
| Variational Omni XAU | +0.0101% | 4h | 4,331.5 | −0.035% | $46.8M | $28.6M | — | as long as short |
| GRVT XAU_USDT_Perp | +0.0102% | 4h | 4,325.7 | −0.169% | $1.4M | $3.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0104% | 1h | 4,329.6 | −0.078% | $32K | — | 25x | as long as short |
| MEXC XAU_USDT | +0.0110% | 4h | 4,333.2 | +0.005% | $364.7M | $330.2M | 1000x | as long as short |
| Binance XAUUSDT | +0.0112% | 4h | 4,334.8 | +0.042% | $414.9M | $2.12B | 100x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,333.8 | +0.019% | $160K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,326.6 | −0.148% | $47K | $77K | 25x | as long as short |
| edgeX XAUUSDC | +0.0128% | 4h | 4,322.8 | −0.236% | $30.1M | $60.2M | 50x | as long as short |
| Bullet GOLD-USD | +0.0160% | 1h | 4,333.7 | +0.016% | $58K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0177% | 1h | 4,333.6 | +0.014% | $4.2M | $2.0M | 20x | as long as short |
| HTX XAU-USDT | +0.0232% | 4h | 4,336.7 | +0.086% | $2.8M | $5.0M | 75x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0247% | 1h | 4,331.5 | −0.035% | $590K | $130K | 25x | as long as short |
| Bitget XAUUSDT | +0.0256% | 4h | 4,334.9 | +0.043% | $68.1M | $118.9M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0258% | 1h | 4,334.2 | +0.028% | $195K | $826K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0332% | 8h | 4,335 | +0.046% | $170.8M | $297.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0359% | 4h | 4,333.3 | +0.008% | $16.0M | $4.5M | 100x | as long as short |
| Phemex XAUUSDT | +0.0387% | 4h | 4,335.2 | +0.051% | $2.2M | $962K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC]short | L +0.0460% / S −0.0302% | 1h | 4,334 | +0.023% | $253K | — | 111x |
StandX XAU-USD
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Extended XAU-USD
Injective XAU/USDC PERP
Lighter XAU
tradeXYZ xyz:GOLD
RISEx XAU/USDC
Kalshi KXGOLDPERP
Gate XAU_USDT
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Aster XAUUSD1
Pacifica XAU
ApeX Omni XAUUSDT
Variational Omni XAU
GRVT XAU_USDT_Perp
MEXC XAU_USDT
Binance XAUUSDT
Phoenix GOLD
edgeX XAUUSDC
Bullet GOLD-USD
Polymarket Perps GOLD-USD
HTX XAU-USDT
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT