Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against Orderly+0.457%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 0.457% dearer against Orderly than usual: you sell high and buy low (spread +0.457% now, against zero (this spread has no 7-day history yet)): +$46 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XAUT_USDC_mythos | 4,330 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $266 | $17K | 10x |
| Short | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | get 0.0004% / 1h | 28m 37s | $8K | $149K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Orderly. 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
- −$14
- Price spread: +0.457% → 0.000%
- $45.73
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $25.71
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Orderly and 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 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0316% | 1h | 4,333.3 | +0.076% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0036% | 4h | 4,324.4 | −0.129% | $25.7M | $16.5M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,327.4 | −0.060% | $130.0M | $8.3M | 100x | as long as short |
| Injective XAUT/USDC PERPshort | +0.0033% | 1h | 4,349.8 | +0.457% | $8K | $149K | 30x | |
| Variational Omni XAUT | +0.0044% | 4h | 4,329.8 | −0.005% | $33.0M | $3.4M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,328.2 | −0.042% | $10.1M | $2.0M | 25x | as long as short |
| MEXC XAUT_USDT | +0.0074% | 4h | 4,325.8 | −0.097% | $382.8M | $275.0M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0075% | 4h | 4,325.6 | −0.102% | $119.1M | $28.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0092% | 4h | 4,325 | −0.116% | — | $17.9M | — | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,324.4 | −0.129% | $268K | $214K | 25x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XAUTUSDT | +0.0097% | 4h | 4,325.7 | −0.099% | $35.2M | $46.2M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,332.3 | +0.052% | $4.2M | $897K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,328.4 | −0.038% | $11.7M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,333 | +0.069% | $416 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythoslong | +0.0100% | 4h | 4,330 | long leg | $266 | $17K | 10x | |
| Derive XAUT-PERP | +0.0100% | 1h | 4,329.9 | −0.002% | $1.8M | $304K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,335.9 | +0.136% | $3K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,328.9 | −0.026% | $1.8M | $236K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0168% | 1h | 4,329.7 | −0.007% | $5.6M | $4.7M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0300% | 4h | 4,328.3 | −0.039% | $2.3M | $1.6M | 75x | as long as short |
Injective XAUT/USDC PERP
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Variational Omni XAUT
SoDEX XAUT-USD
MEXC XAUT_USDT
Bybit XAUTUSDT
BingX XAUT-USDT
Extended XAUT-USD
Binance XAUTUSDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT