Funding you earn now, next payment 11:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.017%
Price spread now: Injective against Binance+0.352%7-day average +0.135% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.352%, 7d avg +0.135%
=The price spread pays, funding is against you. Injective is 0.216% dearer against Binance than usual: you sell high and buy low (spread +0.352% now, against its 7-day average of +0.135%): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAUTUSDT | 4,334.6 | 0.0096 | pay 0.0048% / 4h | 1h 57m | $36.1M | $49.8M | 75x |
| Short | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | get 0.0004% / 1h | 57m 03s | $8K | $149K | 30x |
Binance XAUTUSDT
Injective XAUT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$13.1
- Price spread: +0.352% → +0.135%
- $21.65
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1.47
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 8 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 Binance live order book, 8 min ago | 0.01 bp | 5.0 bp −$5 | 7.4 bp −$74 | 23.8 bp −$2,381 | 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.
XAUT on 19 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0182% | 1h | 4,334.2 | −0.008% | $56K | $11K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0138% | 4h | 4,334.9 | +0.007% | $24.4M | $25.3M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,336.8 | +0.052% | $130.6M | $10.6M | 100x | as long as short |
| Injective XAUT/USDC PERPshort | +0.0033% | 1h | 4,349.8 | +0.352% | $8K | $149K | 30x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,333.3 | −0.029% | $10.1M | $2.2M | 25x | as long as short |
| Binance XAUTUSDTlong | +0.0096% | 4h | 4,334.6 | long leg | $36.1M | $49.8M | 75x | |
| Extended XAUT-USD | +0.0096% | 1h | 4,333.2 | −0.031% | $274K | $215K | 25x | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,333.2 | −0.030% | $33.1M | $3.5M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,334.3 | −0.006% | $4.2M | $919K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,335.3 | +0.016% | $119.2M | $36.6M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
SoDEX XAUT-USD
Extended XAUT-USD
Variational Omni XAUT
Nado XAUT-PERP
Bybit XAUTUSDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,335.6 | +0.024% | $369.2M | $301.1M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,336.1 | +0.036% | $12.2M | $3.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,335.4 | +0.020% | — | $20.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,337 | +0.056% | $945 | $108K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,333.6 | −0.022% | $266 | $17K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,338.8 | +0.099% | $3K | $2.8M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,335.8 | +0.030% | $1.8M | $194K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0138% | 1h | 4,335.7 | +0.026% | $6.0M | $5.9M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,334 | −0.013% | $2.3M | $736K | 75x | as long as short |
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT