Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.024%
Price spread now: Injective against SunX−0.110%7-day average +0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)+0.254%+$25 · spread now −0.110%, 7d avg +0.007%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.116% cheaper against SunX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XAUT-USDT | 4,354.6 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $2K | $3.5M | 20x |
| Short | Injective XAUT/USDC PERP | 4,349.8 | 0.0033 | get 0.0004% / 1h | 56m 52s | $8K | $149K | 30x |
SunX XAUT-USDT
Injective XAUT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −0.110% → +0.007%
- −$11.61
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$33.63
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 11 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 SunX live order book, 11 min ago | 21.50 bp | 25.5 bp −$26 | 54.6 bp −$546 | 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.
XAUT on 19 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 | −0.0291% | 1h | 4,348.2 | −0.146% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0038% | 4h | 4,348.3 | −0.145% | $25.9M | $15.3M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,350.8 | −0.087% | $130.2M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERPshort | +0.0033% | 1h | 4,349.8 | −0.110% | $8K | $149K | 30x | |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,350.6 | −0.091% | $10.2M | $2.0M | 25x | as long as short |
| Bybit XAUTUSDT | +0.0061% | 4h | 4,348.5 | −0.139% | $120.5M | $27.6M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0062% | 4h | 4,349 | −0.128% | $339.2M | $275.1M | 1000x | as long as short |
| Variational Omni XAUT | +0.0070% | 4h | 4,346.2 | −0.192% | $33.0M | $3.5M | — | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,348 | −0.152% | $272K | $213K | 25x | as long as short |
| Binance XAUTUSDT | +0.0097% | 4h | 4,348.9 | −0.129% | $35.2M | $46.6M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
SoDEX XAUT-USD
Bybit XAUTUSDT
MEXC XAUT_USDT
Variational Omni XAUT
Extended XAUT-USD
Binance XAUTUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0098% | 4h | 4,349.2 | −0.124% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,348.7 | −0.135% | $4.2M | $997K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,350.8 | −0.087% | $11.3M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,347.9 | −0.154% | $735 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,349 | −0.128% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,350.7 | −0.089% | $1.9M | $269K | 10x | as long as short |
| SunX XAUT-USDTlong | +0.0100% | 4h | 4,354.6 | long leg | $2K | $3.5M | 20x | |
| HTX XAUT-USDT | +0.0100% | 4h | 4,347.5 | −0.162% | $1.8M | $243K | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0187% | 1h | 4,352.4 | −0.050% | $5.7M | $4.4M | 50x | as long as short |
BingX XAUT-USDT
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD