XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0223%/8h= −24.4% APRnext payment −$0.28 per $10,000 · paid last 24h −0.058%

Price spread now: Injective against Deribit+0.079%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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 0.079% dearer against Deribit than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOLD_USDC-PERPETUAL	4,347	0.0256	pay 0.0032% / 1h	3m 18s	$268K	$767K	25x
Short	Injective XAU/USDC PERP	4,350.4	0.0033	get 0.0004% / 1h	3m 18s	$619	$54	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee InjectivebpOrdersPrice spread, now +0.079%Rate

Funding earned: −$46.83
Price spread: +0.079% → 0.000%: $7.87
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$45.99
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Deribit: live order book, 61 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 Deribit live order book, 61 min ago	0.12 bp	5.9 bp −$6	9.6 bp −$96	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.

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
SunX XAU-USDT	0.0000%	4h	4,352.3	+0.121%	$92K	$9.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,344.4	−0.061%	$266K	—	250x	as long as short
Gate XAU_USDT	+0.0004%	4h	4,349.9	+0.067%	$264.4M	$418.1M	100x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,347.1	+0.003%	$3.4M	$12.3M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,344.2	−0.064%	$13.4M	$38.7M	25x	as long as short
Injective XAU/USDC PERPshort	+0.0033%	1h	4,350.4	+0.079%	$619	$54	52x
StandX XAU-USD	+0.0040%	1h	4,345.7	−0.030%	$3.8M	$4.6M	40x	as long as short
Aster XAUUSD1	+0.0041%	4h	4,348.7	+0.038%	$70.9M	$334.1M	20x	as long as short
Kalshi KXGOLDPERP	+0.0041%	24h	4,344.6	−0.055%	$4.1M	$37.1M	15x	as long as short
Vest GC-PERP	+0.0046%	1h	4,380.5	+0.771%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0046%	1h	4,346.8	−0.005%	$5.7M	$2.0M	20x	as long as short
Lighter XAU	+0.0048%	1h	4,347.2	+0.005%	$20.6M	$42.7M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,342.1	−0.113%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,345.1	−0.044%	$293.9M	$48.9M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,344	−0.069%	$15.1M	$56.8M	25x	as long as short
Lighter RH XAU	+0.0056%	1h	4,349.3	+0.052%	$20.1M	$39.9M	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,344.2	−0.064%	$33K	—	25x	as long as short
Variational Omni XAU	+0.0057%	4h	4,346	−0.022%	$48.5M	$27.7M	—	as long as short
GRVT XAU_USDT_Perp	+0.0058%	4h	4,346.5	−0.011%	$1.4M	$3.0M	25x	as long as short
MEXC XAU_USDT	+0.0074%	4h	4,348.1	+0.026%	$370.9M	$320.7M	1000x	as long as short
edgeX XAUUSDC	+0.0075%	4h	4,342.6	−0.102%	$30.2M	$58.6M	50x	as long as short
Binance XAUUSDT	+0.0076%	4h	4,348.4	+0.032%	$410.6M	$2.10B	100x	as long as short
Paradex XAU-USD-PERP	+0.0079%	8h	4,346.8	−0.005%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,346.5	−0.010%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,343.2	−0.087%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,344.1	−0.067%	$274K	$203K	50x	as long as short
Polymarket Perps GOLD-USD	+0.0118%	1h	4,347.5	+0.012%	$4.3M	$1.9M	20x	as long as short
Phoenix GOLD	+0.0136%	1h	4,346	−0.023%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0193%	1h	4,348.3	+0.029%	$60K	$83K	10x	as long as short
Phemex XAUUSDT	+0.0202%	4h	4,349.6	+0.061%	$2.2M	$1.1M	100x	as long as short
Bybit XAUUSDT	+0.0212%	4h	4,349.8	+0.064%	$84.4M	$145.4M	150x	as long as short
Bitget XAUUSDT	+0.0218%	4h	4,348.8	+0.040%	$70.2M	$109.4M	100x	as long as short
Deribit GOLD_USDC-PERPETUALlong	+0.0256%	1h	4,347	long leg	$268K	$767K	25x
OKX XAU-USDT-SWAP	+0.0262%	8h	4,349.4	+0.055%	$165.4M	$283.3M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0270%	1h	4,345.2	−0.041%	$593K	$133K	25x	as long as short
BloFin XAU-USDT	+0.0302%	4h	4,347.9	+0.020%	$15.7M	$4.6M	100x	as long as short
Bluefin GOLD-PERP	+0.0365%	1h	4,342	−0.115%	$25K	$14K	20x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0406% / S −0.0221%	1h	4,348.3	+0.029%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0594%	4h	4,352.4	+0.125%	$2.9M	$4.2M	75x	as long as short