Funding you earn now, next payment 04:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h +0.047%
Price spread now: edgeX against SunX−0.093%74s7-day average −0.260% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as 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−$670.667% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 3 days (all we have)−0.243%−$24 · spread now −0.093%, 7d avg −0.260%
=Together, before fees−0.035%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.167% dearer against SunX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.260%. The two prices were read 74 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 | SunX XAU-USDT | 4,352.5 | 0 | get 0.0000% / 4h | 1h 47m | $92K | $9.4M | 20x |
| Short | edgeX XAUUSDC | 4,348.4 | 0.0136 | get 0.0068% / 4h | 1h 47m | $30.3M | $58.7M | 50x |
SunX XAU-USDT
edgeX XAUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SunX. 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
- $28.5
- Price spread: −0.093% → −0.260%
- $16.7
- Slippage, 4 orders
- −$49.7
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$21.5
- Costs to cover
- 0.667%
- Break-even
- 12.3 days
Slippage from SunX: live order book, 11 min ago; edgeX: live order book, 1 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 SunX live order book, 11 min ago | 23.65 bp | 27.6 bp −$28 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 1 min ago | 0.23 bp | 4.7 bp −$5 | 4.7 bp −$47 | 7.4 bp −$745 | 34.5 bp −$17.2K |
XAU on 38 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 | −0.0040% | 1h | 4,344.6 | −0.181% | $33K | — | 25x | as long as short |
| Bluefin GOLD-PERP | −0.0021% | 1h | 4,342.1 | −0.239% | $25K | $14K | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,349.1 | −0.078% | $264.4M | $406.9M | 100x | as long as short |
| SunX XAU-USDTlong | 0.0000% | 4h | 4,352.5 | long leg | $92K | $9.4M | 20x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,343.9 | −0.196% | $266K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,347.5 | −0.114% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343.2 | −0.214% | $13.6M | $40.0M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.047% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0037% | 24h | 4,344.6 | −0.181% | $4.2M | $36.4M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,349.3 | −0.073% | $3.8M | $4.6M | 40x | as long as short |
Hotstuff GOLD-PERP
Bluefin GOLD-PERP
Gate XAU_USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
StandX XAU-USDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,380.5 | +0.644% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,347.2 | −0.121% | $5.6M | $1.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,343.1 | −0.216% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.8 | −0.176% | $293.3M | $48.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,343.9 | −0.198% | $15.1M | $57.7M | 25x | as long as short |
| Aster XAUUSD1 | +0.0051% | 4h | 4,349 | −0.080% | $70.0M | $331.3M | 20x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,346.1 | −0.147% | $20.6M | $41.9M | 25x | as long as short |
| Lighter RH XAU | +0.0080% | 1h | 4,348.6 | −0.090% | $20.1M | $39.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,347 | −0.125% | $19K | $5K | 5x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,344.7 | −0.179% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,350.6 | −0.043% | $275K | $203K | 50x | as long as short |
| Binance XAUUSDT | +0.0100% | 4h | 4,347.5 | −0.114% | $411.2M | $2.10B | 100x | as long as short |
| Variational Omni XAU | +0.0102% | 4h | 4,347.9 | −0.106% | $48.3M | $27.9M | — | as long as short |
| MEXC XAU_USDT | +0.0104% | 4h | 4,347.5 | −0.113% | $371.2M | $316.5M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,347 | −0.125% | $161K | $87 | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0114% | 1h | 4,346.8 | −0.131% | $4.3M | $1.9M | 20x | as long as short |
| GRVT XAU_USDT_Perp | +0.0118% | 4h | 4,349.4 | −0.070% | $1.4M | $3.0M | 25x | as long as short |
| edgeX XAUUSDCshort | +0.0136% | 4h | 4,348.4 | −0.093% | $30.3M | $58.7M | 50x | |
| Phoenix GOLD | +0.0136% | 1h | 4,347.8 | −0.108% | $47K | $77K | 25x | as long as short |
| Bybit XAUUSDT | +0.0199% | 4h | 4,348.6 | −0.090% | $84.4M | $145.2M | 150x | as long as short |
| Bullet GOLD-USD | +0.0204% | 1h | 4,348.1 | −0.100% | $58K | $83K | 10x | as long as short |
| Bitget XAUUSDT | +0.0210% | 4h | 4,347.5 | −0.116% | $69.6M | $109.3M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0210% | 1h | 4,346.2 | −0.144% | $259K | $703K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0249% | 8h | 4,348.7 | −0.087% | $164.4M | $282.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,345 | −0.171% | $593K | $133K | 25x | as long as short |
| Phemex XAUUSDT | +0.0358% | 4h | 4,351.9 | −0.014% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0399% / S −0.0208% | 1h | 4,348.2 | −0.098% | $251K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0587% | 4h | 4,352 | −0.011% | $2.8M | $4.2M | 75x | as long as short |
Vest GC-PERP
QFEX GOLD-USD
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Aster XAUUSD1
Lighter XAU
Lighter RH XAU
Paradex XAU-USD-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Binance XAUUSDT
Variational Omni XAU
MEXC XAU_USDT
Aevo XAU-PERP
Polymarket Perps GOLD-USD
GRVT XAU_USDT_Perp
Phoenix GOLD
Bybit XAUUSDT
Bullet GOLD-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT